Liaoning Transportation Investment CO.,LTD. entered into share transfer agreement to acquire 14% stake in Bohai Ferry Group Co., Ltd. (SHSE:603167) from Liaoyu Group Co.,Ltd. on March 4, 2024. Liaoyu will transfer 65.7 million shares of Bohai. The transaction is conditional on the approval by the State-owned Assets Supervision and Administration Commission of Liaoning Province.

As on March 6, 2024, the transaction is still subject to compliance confirmation of the Shanghai Stock Exchange.