May 16, 2022 05:31 PM (GMT+8) · EqualOcean
Qingdao port announced that in order to solve the horizontal competition, Qingdao Port International Co., Ltd. plans to acquire 51% equity of Shandong Weihai Port Development Co., Ltd. (hereinafter referred to as "Weihai port development") held by Shandong Weihai Port Co., Ltd. (hereinafter referred to as "Weihai port development") for RMB 984 million.