XMPD(SZ:000905) Zheng Quan Zhi Xing·2025-08-05 16:33Core Viewpoint - The independent financial advisor, China International Capital Corporation, has conducted a special review of the industry policy and transaction type related to Xiamen Port Development Co., Ltd.'s acquisition of a 70% stake in Xiamen Container Terminal Group Co., Ltd. from Xiamen International Port Authority through a combination of share issuance and cash payment [1][2]. Group 1: Transaction Overview - The transaction involves Xiamen Port Development Co., Ltd. purchasing 70% of the shares of Xiamen Container Terminal Group Co., Ltd. from Xiamen International Port Authority [2]. - The target company primarily engages in container terminal loading and storage services, classified under the "Water Transport Industry" [2]. Group 2: Industry Classification - The independent financial advisor confirms that the involved industries do not fall under the categories requiring expedited review as per regulatory guidelines [3]. - The transaction is categorized as a merger within the same industry rather than a vertical merger [4]. Group 3: Control and Restructuring - The transaction will not change the control of the listed company, as the controlling shareholder remains Xiamen International Port Authority, and the actual controller is the Fujian Provincial State-owned Assets Supervision and Administration Commission [5]. - The transaction does not constitute a restructuring listing as there has been no change in control within the last thirty-six months [5].