COSCO Shipping Ports Ltd. and CSNAH Agree to Joint Capital Injection into US Terminal Venture

Reuters2025-12-08
<a href="https://laohu8.com/S/CSCMY">COSCO Shipping</a> Ports Ltd. and CSNAH Agree to Joint Capital Injection into US Terminal Venture

COSCO Shipping Ports Limited has entered into a connected transaction with China Shipping (North America) Holding Co., Ltd. (CSNAH), a wholly-owned subsidiary of China COSCO SHIPPING Corporation Limited. Through a Capital Contribution Agreement signed on December 8, 2025, both parties have agreed to make a pro rata capital contribution totaling US$20,570,000 to COSCO Shipping Terminals $(USA)$ LLC, a joint venture company established in Delaware. This collaboration aims to further strengthen COSCO Shipping Ports' presence and operations in the United States.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COSCO Shipping Ports Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251208-11948354), on December 08, 2025, and is solely responsible for the information contained therein.
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