Sou Hu Cai Jing·2025-09-19 10:04Core Viewpoint - The introduction of Xiamen COSCO Shipping as a strategic investor will enhance the comprehensive competitiveness of Xiaomo International Logistics Port [1] Group 1: Investment and Capital Structure - Shenzhen Yantian Port Co., Ltd. announced the introduction of Xiamen COSCO Shipping as a strategic investor through a non-public capital increase [1] - The registered capital of Shen-Shan Port Investment Co., Ltd. will increase from 52,931 million to 66,163.75 million, with Xiamen COSCO Shipping holding 20% of the shares post-investment [4] - Yantian Port's subsidiary will reduce its stake from 100% to 80%, while still maintaining control over Shen-Shan Port Investment Co., Ltd. [4] Group 2: Strategic Implications - The capital increase is expected to optimize the asset-liability structure and reduce liquidity risks for Yantian Port [7] - The investment will enhance the integrated operational capabilities of "shipping + port + logistics" and improve service quality [7] - The collaboration aims to establish a benchmark for port operations in the Deep-Shan Special Cooperation Zone and enhance the service level of the port industry chain [7] Group 3: Industry Context - Xiamen COSCO Shipping is the only secondary shipping enterprise of COSCO Shipping Group in the Straits West Economic Zone, focusing on passenger and cargo transport in the Taiwan Strait [7] - The company aims to build a specialized industrial investment platform and support the construction of a more resilient global shipping logistics ecosystem [7]