Zheng Quan Ri Bao Wang·2025-12-12 12:12Core Viewpoint - Qingdao Port announced the termination of its acquisition of 100% equity in Rizhao Port Oil Products Company and 50% equity in Rizhao Shihua Oil Terminal due to potential business impacts from Rizhao Shihua being listed on the U.S. Specially Designated Nationals List [1] Group 1 - On December 12, 2025, Qingdao Port held meetings to approve the cash acquisition of the target companies [1] - The acquisition agreement was signed with Shandong Port Rizhao Port Group [1] - The decision to terminate the transaction was made after discussions with relevant parties to protect the interests of the company and its shareholders [1] Group 2 - A termination agreement regarding the acquisition was signed with Rizhao Port Group on December 12, 2025 [1]