天津港：子公司拟挂牌转让天津中铁储运60%股权

Core Viewpoint - Tianjin Port's wholly-owned subsidiary plans to transfer 60% equity of Tianjin China Railway Storage and Transportation Co., Ltd. to focus on its core port logistics business and mitigate investment risks associated with the coal trade industry due to energy transition [1] Summary by Relevant Sections - Equity Transfer Details - The subsidiary, Tianjin Port Logistics Development Co., Ltd., will list the 60% equity stake for a price of 22.5243 million yuan [1] - Financial Impact - For the fiscal year 2024, China Railway Storage is projected to generate operating revenue of 2.548 billion yuan, accounting for 21.11% of the company's total revenue [1] - The profit before tax for the same period is estimated at 308,400 yuan, representing 0.02% of the company's total profit [1] - Post-Transaction Effects - Upon completion of the transaction, the logistics development subsidiary will no longer hold any equity in China Railway Storage, and the latter will be excluded from the company's consolidated financial statements, leading to a corresponding decrease in operating revenue and total profit [1] - Strategic Focus - The equity transfer is aimed at allowing the company to concentrate on its core port loading and unloading logistics operations, thereby avoiding potential investment risks linked to the coal trade sector amid ongoing energy transition [1]