Dalian Port returns a-share robbery

Source: Internet
Author: User
Keywords Stock Grab
November 22, Dalian Port Co., Ltd. (601880.  SH,02880.HK) held a return a-share online roadshow, is expected to raise no more than 6 billion yuan.  Dalian Port Co., Ltd. through the acquisition of the parent company Dalian Port Group of related assets, Dalian Port Business as a unified operating platform, will also become the first domestic a+h shares listed in the Port enterprises. Road Show announced that Dalian Port in a shares raised funds will be invested in oil, liquid chemicals, ore terminals and related logistics business, such as 14 projects, the total investment of 3.666 billion yuan.  But the investment in these projects is clearly not the full meaning of the return of Dalian port. "With the overall listing of Dalian Port business, Dalian Port Co., Ltd. will play an increasingly important role in the integration of port resources and even wider capital operation in Liaoning province." According to our correspondent, Dalian Port after the return of a shares, will integrate the relevant assets of Jinzhou port.  At present, Dalian Port Group holds 19.44% of the shares of Jinzhou Port, Dalian Port Co., Ltd. has the right to buy this part of the first option. In addition, Sun Hong, chairman of Dalian Port, also said in the course of the road show that in the future, according to the national strategic requirements, and Yingkou port to carry out business level and even capital level cooperation. "To strengthen the cooperation of related ports with the capital as the link, and finally to construct the regional cooperative development pattern with Dalian Port as the leading factor." "2009, Dalian Port completed 204 million tons of cargo throughput, ranked 6th in the national port."  China's northeast 60%-70% of foreign Trade goods import and export, more than 90% of international container transshipment through Dalian port. "But it is undeniable that now other ports in Liaoning, particularly like Yingkou port (600317. SH) has developed rapidly and has formed a competition and squeeze on Dalian.  Dalian Port Chairman Sun Hong in the media interview. In fact, the Bohai Bay of Dalian Harbor, has formed the Bohai Sea Harbor Group, in the Bohai sea 5800 kilometers coastline, has dotted the big and small more than 60 ports.  It is widely believed that the competition between these ports, similar to those in the hinterland, will be a "new Gulf War".  In the "Revitalization of the northeast old industrial base planning", Dalian Port is positioned as an international shipping center in northeast Asia, Tianjin Binhai New Area planning, the Tianjin port is the Northern International Shipping Center, and Shandong province is fully support Qingdao Port competition North Shipping Center. According to Sun Hong, port development is not a problem of the port industry itself, which has evolved into a regional government development. "Therefore, in this context, the port faced with excessive development, homogenization of competition, unreasonable use of resources, duplication of construction issues, need to arouse our attention, and now some places have begun to carry out port resource integration attempts, I think it is very necessary." ”
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.