Beibu Gulf Port to buy Henggang Wharf in share-and-cash deal, shares to be suspended
In short
Beibu Gulf Port (000582.SZ) said it is planning to buy 100% of Guangxi FTZ Qinzhou Port Area Henggang Wharf Co. from Guangxi Beibu Gulf International Port Group and Qinzhou Port Construction Investment, paying with shares and cash, and to raise matching funds. The company said the deal is expected to be a related-party transaction but not a major asset restructuring or a restructuring listing. Its shares will be suspended from trading from the open on October 8, with the transaction plan due to be disclosed within no more than 10 trading days.
Why it matters
The deal would move a Qinzhou port-area wharf operator under the listed Beibu Gulf Port and is financed partly by new share issuance, which is why trading is halted so the plan can be worked out and disclosed. Because the seller group includes the listed company's parent-level port group, the company itself flags the transaction as a related-party deal, meaning the terms will be scrutinised as an internal port-asset transfer rather than a straight third-party acquisition.
Key facts
- Beibu Gulf Port (000582.SZ) announced plans to buy 100% of Guangxi FTZ Qinzhou Port Area Henggang Wharf Co. [ 1 , 2 , 3 ]
- The consideration would be paid by issuing shares and cash, and the company would also raise matching funds. [ 1 , 3 ]
- The sellers are Guangxi Beibu Gulf International Port Group and Qinzhou Port Construction Investment. [ 1 , 3 ]
- The transaction is expected to constitute a related-party transaction, but not a major asset restructuring or a restructuring listing. [ 1 , 3 ]
- The company’s shares will be suspended from the market open on October 8, 2026. [ 1 , 2 , 3 ]
- The company expects to disclose the transaction plan within no more than 10 trading days. [ 1 , 3 ]
Confirmed by several sources
- Beibu Gulf Port is planning to acquire 100% of Henggang Wharf using shares and cash and to raise accompanying funds. [ 1 , 3 ]
- The company said the deal is expected to be a related-party transaction but not a major asset restructuring or restructuring listing. [ 1 , 3 ]
- Trading in the company’s shares will be suspended from the open on October 8, 2026. [ 1 , 2 , 3 ]
Still unclear
- The purchase price, share issuance terms and the amount of matching funds to be raised. None of the documents state a value or pricing terms; the company said only that a plan would be disclosed within 10 trading days.
- Whether the transaction requires shareholder or regulatory approval. The documents describe the deal as not a major asset restructuring but do not say what approvals would be needed.
What local media are saying
Timeline, local time
- CLS publishes the first report on the planned acquisition and the trading halt. [ 1 ]
- Yicai reports the plan to buy 100% of Henggang Wharf and the October 8 suspension. [ 2 ]
- Jiemian carries the same announcement details, including the share-and-cash structure and the 10-trading-day disclosure window. [ 3 ]
- Trading in Beibu Gulf Port shares is set to be suspended from the market open on October 8, 2026. [ 1 , 3 ]