Gelonghui May 21 丨 Guangzhou Port (601228)(601228rouletteforfun.SH) announced that in order to implement the State Council's "Guangzhou Nansha Deepening the World"rouletteforfunRegarding the decisions and arrangements of the Overall Plan for Comprehensive Cooperation between Guangdong, Hong Kong and Macao, and at the same time, in order to pool advantageous resources, focus on the main business of port logistics, and support the main business to become bigger and stronger, the company plans to conduct this transaction. The board of directors reviewed and agreed that the company would transfer 100% equity of its wholly-owned subsidiary Guangzhou South China Coal Trading Center Co., Ltd.(referred to as the "Coal Trading Center") to Guangzhou Trading Group Co., Ltd.(referred to as the "Trading Group") by means of a non-public agreement transfer at a transaction price of 304.5929 million yuan.