SPG subsidiary loans 240m yuan to Yantian Terminal

Shanghai International Port Group (SPG) announced that its controlling subsidiary, Shanghai Pudong International Container Terminals Co., Ltd., has disbursed 240 million yuan to Yantian International Container Terminals Co., Ltd. This transaction, executed on November 25, 2025, is part of a larger lending scheme approved by SPG’s board on January 16, 2025, which authorized total external lending of up to 1.792 billion yuan.

The loan to Yantian Terminal, formalized via an entrusted loan agreement, has a fixed interest rate of 2.00% and a term from November 25, 2025, to November 25, 2026. The funds are intended for repaying maturing entrusted loans and supporting the borrower's daily operations. This disbursement completes the 240 million yuan allocation specifically approved for Yantian Terminal within the overall lending framework.

Following this latest transaction, SPG's total external lending balance stands at 2.9 billion yuan, representing 0.22% of its most recently audited net assets. The combined external lending balance of SPG and its controlled subsidiaries is 24.14 billion yuan, amounting to 1.81% of their most recently audited net assets. There are no overdue outstanding amounts.