Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

72659d149022f99ce410f66416c5fa94

Zhuhai Port to sell leasing and other financial companies

South China-based Zhuhai Port Holding (ZPH) is to sell the 100% of its stock equity in three subsidiaries involved in financial leasing, fund management and commercial factoring to improve its core business competitiveness.

The three wholly-owned subsidiaries of ZPH, Zhuhai Ganghui Financial Leasing, Zhuhai Gangrui Fund Management and Zhuhai Gangrui Commercial Factoring, were set up in July, November and October 2018 separately, will be sold via public price biding on Guangdong United Assets and Equity Exchange.

The port said the transaction would help the company to further optimize resources allocation and focus on its main business of port logistics, stated Zhuhai Port.

In December 2018, Zhuhai Port announced the plan to purchase 55% stake equity of Guangxi Guangyuan Logistics to improve its logistics supply chain. Guangyuan Logistics operates Xinlong terminal at Guiping port, and plans to build three 3,000 tonne-class multi-purpose berths.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish
Maritime_Market_User_Promo_4
Looking For Suppliers?

Maritime Market is the online marketplace for the global maritime industry, making it easy to connect with suppliers 365 days a year. Powered by an extensive database of maritime professionals and businesses.

Maritime_Market_User_Promo_4