Core Viewpoint - Tianjin Port Development (600717) announced contracts for upgrading the automatic lubrication and electrical control systems of its quay cranes, which are expected to enhance operational efficiency and competitiveness [1] Group 1: Contract Details - On December 19, 2025, Pacific International Company, a subsidiary of Tianjin Port Development, signed a contract with Jinan Heavy Industry Company for the automatic lubrication system upgrade at a cost of RMB 4.731 million (including tax) [1] - On the same date, Pacific International Company also entered into a contract with Jinan Heavy Industry Company for the electrical control system upgrade at a cost of RMB 6.99 million (including tax) [1] Group 2: Project Benefits - The automatic lubrication system upgrade will allow for scheduled and precise lubrication without occupying maintenance time or requiring manual operation, ensuring sufficient lubrication and reducing future failures and contamination [1] - The electrical control system upgrade will improve the stability of the quay cranes, reduce failure rates, and lower daily maintenance costs [1] - These upgrades are expected to enhance the competitiveness of Pacific International Company's terminal operations, thereby creating greater benefits for the group [1]