SIPG and Lianyungang Port to deepen strategic cooperation and plan to establish a new joint venture

e company news, according to the news released by Lianyungang, on October 29, the signing ceremony of the memorandum of deepening strategic cooperation between Lianyungang Port and Shanghai Port Group and the joint venture agreement of the newly established company was held. It is reported that Lianyungang Port and Shanghai Port Group will formally sign the “Strategic Cooperation Agreement” in December 2021, and the cooperation between the two parties will enter the fast lane. The newly established joint venture company has a registered capital of 100 million yuan.