Xiamen Port Development Co., Ltd. (SZSE:000905) agreed to acquire 70% stake in Xiamen Container Terminal Group Co., Ltd. from Xiamen International Port Co., Ltd for CNY 7.6 billion on March 17, 2025. A cash consideration of CNY 926.69 million will be paid by Xiamen Port Development Co., Ltd. The consideration consists of 790.85 million common equity of Xiamen Port Development Co., Ltd. to be issued for common equity of Xiamen Container Terminal Group Co., Ltd. As part of consideration, CNY 926.69 million is paid towards common equity of Xiamen Container Terminal Group Co., Ltd. Xiamen Port Development has raised a CNY 3.5 billion in equity and will use for projects, Xiamen Container Terminal's acquisition and working capital. Xiamen Container Terminal Group has total assets of CNY 14141.589 million and owners equity of CNY 8759.0943 million as on March 31, 2025.

The transaction is subject to approval by the shareholders' meeting of the listed company must approve this transaction, relevant matters of this transaction must be approved by the authorized state-owned asset regulatory authority, Shenzhen Stock Exchange must review and approve this transaction and the China Securities Regulatory Commission must register this transaction. The deal has been approved at the 9th and 12th meetings of the 8th Board of Directors of Xiamen Port Development Co., Ltd. As per the announcement on August 21, 2025, the transaction has been approved by State-owned Assets Supervision and Administration Commission of the People's Government of Fujian Province. As of October 23, 2025, the transaction is still subject approval of the transaction by the Shenzhen Stock Exchange and registration of the transaction by the China Securities Regulatory Commission (CSRC). As of February 5, 2026, The transaction has been reviewed and approved by the shareholders' meeting of Xiamen Port Development; and the transaction has been approved by the Shenzhen Stock Exchange.

Long Hai, Gao Mengxuan, Wang Minghui, Ma Xiao, Shangguan Sen and Xing Hongyuan of China International Capital Corporation Limited acted as financial advisor for Xiamen Port Development Co., Ltd. Jiao Fugang and Zhang Yanan of King & Wood Mallesons acted as legal advisor for Xiamen Port Development Co., Ltd. Xie Peiren, Pei Suping and Hu Gaoshen of RSM China Certified Public Accountants Co., Ltd. acted as accountant for Xiamen Port Development Co., Ltd.