Xiamen Port Development (000905.SZ) announced that the Houjing plot is adjacent to the core port area of Xiamen Port, Haicang District, and is part of the initiative to promote Xiamen...
Zhitong Finance APP news, Xiamen Port Development (000905.SZ) announced that the Houjing plot is adjacent to the core port area of Xiamen Port, Haicang Port area, and is a rare large-scale contiguous port development land necessary for promoting the high-quality development of Xiamen Port. To secure the development rights for the Houjing plot, the company plans to establish a joint venture company (referred to as the joint venture) with PSA Northeast Asia Supply Chain Pte. Ltd. (abbreviated as: PSA NEA Supply Chain) in Haicang District, Xiamen City, to jointly invest in the operation of the Xiamen Port Multimodal Transport Smart Logistics Center project (referred to as the Smart Logistics Center project) around the Houjing plot. The registered capital of the joint venture company is 0.6 billion yuan, with this company holding 80% and PSA NEA Supply Chain holding 20%. The main business includes sea-rail combined transport, port storage, stacking business, Cold Chain Logistics, cross-border e-commerce, and bulk supply chain business. Under the premise of ensuring the joint venture's unified planning, overall construction, and operation of the Smart Logistics Center project, the joint venture company plans to establish no more than six subsidiaries, each acting as the development and operation entity for specific plot sections, responsible for participating in the bidding and development operations of these specific plots.