Core Viewpoint - Tianjin Port Development (03382) successfully acquired land use rights for a plot in Tianjin Port for RMB 303 million, enhancing its bulk cargo capabilities and competitiveness in the market [1] Group 1: Acquisition Details - The acquisition was conducted by Yuansheng Warehousing Company, a subsidiary of Tianjin Port Development, through a public bidding process [1] - The land use rights acquisition confirmation was obtained on September 30, 2025, with the contract expected to be signed by October 21, 2025 [1] - A deposit of RMB 60.6 million was paid for the bidding process [1] Group 2: Strategic Implications - The acquisition aims to advance the construction of a yard project, improving the layout of bulk cargo functions in the Tianjin Port area [1] - It is expected to promote the scale and intensive development of bulk cargo transportation, enhancing storage capacity to meet the demands of dry bulk shipping and customer dispatch [1] - This strategic move is anticipated to strengthen the overall competitiveness of Tianjin Port's dry bulk business, creating greater benefits for the company [1]