Xiamen Port Shipping Co., Ltd. announced that it will receive CNY 177,777,800 in an equity round of funding from existing investors Xiamen International Port Co., Ltd and Xiamen Port Development Co., Ltd. on August 3, 2021. Xiamen International Port Co., Ltd and Xiamen Port Development Co., Ltd. will invest CNY 17,777,800 and 160,000,000, thereby maintaining their existing stakes of 10% and 90% respectively. Post completion of transaction, the registered capital of the company will increase from CNY 135,000,000 to CNY 312,777,800.

The transaction was approved at sixth meeting of the company's seventh board of directors of Xiamen Port Development Co., Ltd.