Group 1 - The core point of the article is that Tianjin Port Development (03382.HK) has signed a renovation contract with Jin'an Heavy Industry Company for a total cost of RMB 29.44 million, which aims to enhance the safety and technical performance of its shore cranes, thereby improving operational efficiency and competitiveness [1][1][1] Group 2 - The renovation contract is expected to create greater benefits for the group by making production safer, more stable, and controllable [1][1][1] - The transaction is considered to be conducted on normal commercial terms and is deemed fair and reasonable, aligning with the overall interests of the company and its shareholders [1][1][1] - Additionally, Tianjin Port Development plans to increase its stake in Eurasia International Company by 5% for a total of RMB 95.4 million [1][1][1]

Core Points - Tianjin Port Development (600717) announced a renovation contract with Jinan Heavy Industry Company for a total cost of RMB 29.44 million, including tax [1] - The contract involves upgrading four quay cranes, including enhancements to the electrical control system, cable winding system, towing system, hydraulic system, and corrosion resistance [1] - The contract period extends from the signing date until June 30, 2027, with a maximum installation and debugging period of 15 months and a testing operation period of no less than 3 months [1] - The renovation aims to improve the safety and technical performance of the quay cranes, enhance operational efficiency, and strengthen the competitiveness of the terminal, ultimately creating greater benefits for the group [1]