Core Viewpoint - The company, Tianjin Port Development (03382), has announced the sale of a 60% stake in China Railway Storage and Transportation to Jutai Industrial and Trade for RMB 22.5243 million, marking a strategic shift to focus on core logistics and port operations [1] Group 1 - The transaction will result in the company no longer holding any indirect stake in China Railway Storage and Transportation, which will cease to be a subsidiary [1] - The sale is aimed at allowing the company to concentrate its management resources and operational focus on core areas such as port loading and logistics [1] - This strategic move is expected to enhance the company's core competitiveness and operational quality, aligning with its goal of building a world-class green smart hub port [1] Group 2 - The decision to divest is in line with the company's overall development plan and is considered beneficial for the company and its shareholders [1]