招商局港口拟经北交所公开挂牌打包出售青岛港董家口矿石码头25%股权，底价约6.85亿元人民币且所有比率低于5%

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the
“HKSE”) take no responsibility for the contents of this announcement, make no representation as to
its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever
arising from or in reliance upon the whole or any part of the contents of this announcement.

港口 控 股 有 限 公 司
CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED
(Incorporated in Hong Kong with limited liability under the Companies Ordinance)
(Stock Code: 00144)

VOLUNTARY ANNOUNCEMENT
POTENTIAL DISPOSAL OF 25% EQUITY INTEREST IN
QINGDAO PORT DONGJIAKOU ORE TERMINAL CO., LTD.
THROUGH PUBLIC TENDER
This announcement is made by China Merchants Port Holdings Company Limited
(the “Company”, together with its subsidiaries, the “Group”) on a voluntary basis.
POTENTIAL DISPOSAL THROUGH PUBLIC TENDER
The board of directors (the “Board”) of the Company announces that Mighty Star
Investment Limited (貫星投資有限公司）(the “Vendor”), a wholly-owned subsidiary
of the Company, together with Shanghai COSCO SHIPPING Ports Investment Co.,
Ltd.*（上海中遠海運港口投資有限公司）and IMC Qingdao Port Investment Pte.
Ltd.*（萬邦青島港口投資有限責任公司）(together with the Vendor, the “Vendors”),
propose to dispose of an aggregate of 70% equity interest in Qingdao Port
Dongjiakou Ore Terminal Co., Ltd.*（青島港董家口礦石碼頭有限公司）(the “Target
Company”) on a bundled basis (the “Potential Disposal”), including the Vendor’s
25% equity interest (the “Company’s Potential Disposal”), by way of public tender
on the China Beijing Equity Exchange*（北京產權交易所）(the “CBEX”) (the
“Public Tender”).
As the equity interests are deemed to be state-owned assets under the relevant laws
and regulations of the People’s Republic of China (the “PRC”), the Potential
Disposal is required to be conducted by way of public tender. The formal disclosure
of the Public Tender has been published on the CBEX website and will remain open
until 11 November 2026.
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The aggregate minimum consideration for the Potential Disposal is
RMB1,917,691,160 (the “Minimum Consideration”), of which RMB684,889,700 is
attributable to the Company’s Potential Disposal. The final consideration for the
Potential Disposal will depend on the final bid price offered by the successful bidder,
which will be no less than the Minimum Consideration.
As at the date of this announcement, the transferee and the final consideration have
not been determined, and the Group has not entered into any binding agreement in
respect of the Potential Disposal. There is no assurance that any definitive
transaction will materialise.
INFORMATION ON THE TARGET COMPANY
The Target Company is a company established in the PRC with limited liability,
principally engaged in the construction, operation and management of the Qingdao
Port Dongjiakou ore terminal. As at the date of this announcement, the Target
Company is held as to 30%, 25%, 25% and 20% by Qingdao Port International Co.,
Ltd., the Vendor, Shanghai COSCO SHIPPING Ports Investment Co., Ltd. and IMC
Qingdao Port Investment Pte. Ltd., respectively. Upon completion of the Potential
Disposal, the Group will cease to hold any equity interest in the Target Company.
REASONS FOR AND BENEFITS OF THE COMPANY’S POTENTIAL
DISPOSAL
The Company’s Potential Disposal is expected to provide an opportunity for the
Group to realise the value of its investment in the Target Company on market-based
terms through the Public Tender and generate additional cash inflow for the Group,
thereby enhancing the Group’s financial flexibility and creating more room for
development opportunities.
LISTING RULES IMPLICATIONS
Based on the portion of the Minimum Consideration attributable to the Company’s
Potential Disposal, all applicable percentage ratios in respect of the Company’s
Potential Disposal calculated pursuant to Rule 14.07 of the Rules Governing the
Listing of Securities on the HKSE (the “Listing Rules”) are less than 5%.
Accordingly, the Company’s Potential Disposal, if materialised and based on the
minimum consideration, does not constitute a notifiable transaction of the Company
under Chapter 14 of the Listing Rules.

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As at the date of this announcement, the final consideration for the Potential
Disposal has not been determined. Upon determination of the final consideration and
the transferee, the Company will reassess the implications of the Company’s
Potential Disposal under the Listing Rules and make further announcement(s) and
comply with the applicable requirements of the Listing Rules as and when
appropriate or required.
This announcement is made by the Company on a voluntary basis to update the
shareholders and investors of the Company in relation to the Potential Disposal.
*

For identification purpose only

By Order of the Board
China Merchants Port Holdings Company Limited
Feng Boming
Chairman
Hong Kong, 16 October 2026
As at the date of this announcement, the Board comprises Mr. Feng Boming (Chairman) and Mr. Yim
Kong as Non-executive Directors; Mr. Xu Song, Mr. Lu Yongxin and Mr. Huang Qiang Zhong as
Executive Directors; and Mr. Chan Hiu Fung Nicholas, Ms. Chan Yuen Sau Kelly, Mr. Wong Chi Wing
and Ms. Wong Pui Wah as Independent Non-executive Directors.

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