YPH(SZ:000088) Zheng Quan Shi Bao Wang·2025-09-15 13:12Core Viewpoint - Yantian Port announced a strategic investment by COSCO Shipping (Xiamen) Co., Ltd. to enhance the operational capabilities of the Xiaomo International Logistics Port, aiming to establish it as a key gateway in the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 1: Investment and Capital Structure - The investment is facilitated through a non-public agreement, with COSCO Xiamen contributing 132 million RMB to increase the registered capital of Shenshan Port Investment Company from 529 million RMB to 662 million RMB [1] - Following the investment, COSCO Xiamen will hold a 20% stake in Shenshan Port Investment Company, while Yantian Port's subsidiary, Yantian Port Operation Company, will see its ownership reduced from 100% to 80% [1] - Despite the dilution of ownership, Shenshan Port Investment Company remains a subsidiary of Yantian Port Operation Company, and the consolidation scope of financial statements will remain unchanged [1]