XMPD(SZ:000905) Xin Lang Cai Jing·2025-09-22 14:45Core Viewpoint - Xiamen Port Authority announced plans to acquire 70% of Xiamen Container Terminal Group through a combination of share issuance and cash payment, aiming to enhance its competitiveness in the port operations sector [1] Group 1: Acquisition Details - The acquisition will involve issuing shares to no more than 35 qualified investors to raise supporting funds [1] - The application for the merger and acquisition has been accepted by the Shenzhen Stock Exchange, pending further review and approval from the China Securities Regulatory Commission [1] Group 2: Strategic Implications - The acquisition aims to gain control over Xiamen Container Terminal Group, thereby expanding the company's terminal business and enhancing operational efficiency [1] - Successful completion of the acquisition could lead to higher revenue and profit growth in the future [1] Group 3: Market Reaction - As of September 22, Xiamen Port's stock closed at 8.33 yuan per share, down 1.19% from the previous trading day, with a total market capitalization of 6.179 billion [1] - The stock has seen a cumulative decline of 4.58% over the past seven trading days, indicating potential investor concerns regarding future performance [1]