Rizhao port to inject assets into Lanshan port area in the first half of next year

NetEase Financial October 14, Rizhao Port evening notice said, in order to completely solve the potential of peer competition, accelerate the overall pace of the port main business, the company's holding shareholder Rizhao Port Group Co., Ltd. decided to strive in the first half of 2011, in a reasonable manner will Lanshan port area 4#, 9# berth and related assets into the listed companies　　With the growing scale of the company's business, the rapid growth of cargo throughput, ports Hing phenomenon, the company's own berth can not meet the needs of port production and operation, a small number of bulk groceries forced to transfer by Rizhao Port Group Lanshan port in the Lanshan port area 4#, 9# for loading and unloading, so there has been some overlap To earnestly fulfill the company and the holding shareholder Rizhao Port Group Co., Ltd. signed the "avoidance of peer competition commitment letter", as soon as possible to resolve the Lanshan port area of business overlap problem, the company on June 30, 2009 with the Lanshan Port company signed the "Terminal Facilities Leasing Agreement",　　Agreement in the company's own berth can not meet production and business needs and Lanshan Port company owned 4#, 9# berth has the spare capacity, the company can temporarily hire Lanshan port company 4#, 9# berth to implement bulk cargo handling business.　　According to the Ministry of Communications in March 2009, "Rizhao Port Master Plan", Rizhao Port Lanshan Port District will focus on the construction of bulk dry bulk cargo production area.　　The company said that the matter is actively advancing, the company will continue to pay attention to its progress, the specific asset injection time and manner are still inaccurate. Rizhao Port today reported 4.36 Yuan, Rose 1.16%.