XfmGroup: Plans to acquire a 35% stake in Dushan Port Development

36Kr
2026.01.19 09:50

36Kr learned that XfmGroup announced that its wholly-owned subsidiary, Dushan Energy, obtained 35% equity in Jiaxing Port Dushan Port Development Co., Ltd. (hereinafter referred to as "Dushan Port Development") held by Jiaxing Dushan Port Development Co., Ltd. through public bidding at a base transfer price of 259 million yuan at the Zhejiang Property Exchange. This transaction aims to enhance the self-supply capability of the raw material supply chain of the wholly-owned subsidiary Dushan Energy, expand terminal throughput, improve loading and unloading efficiency, shorten cargo turnover time, reduce logistics costs, and provide a stable and efficient transportation channel for the raw material supply of the company's PTA business, further enhancing the autonomy and resilience of the supply chain

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