Dalian Heavy Machinery Plans Intelligent Port Equipment Relocation Project
Dalian Heavy Machinery (002204) announced on September 9, 2026, plans to invest in an intelligent port equipment relocation and renovation project using its own or self-raised funds. The project includes land acquisition, wharf purchase, and renovation construction, with a construction period of about two years. The company will also set up a wholly-owned subsidiary with RMB 1.1 billion investment.
Dalian Heavy Machinery announced on September 9, 2026, that it plans to use its own or self-raised funds to invest in and construct a port equipment relocation and intelligent renovation project. The project comprises three parts: acquisition of land, acquisition of wharf assets, and renovation construction, with a construction period of approximately two years. The land and wharf assets will be acquired through public auction, with the specific amount to be separately reviewed and disclosed based on the seller's subsequent public listing information. Concurrently, the company intends to invest RMB 1.1 billion to establish a wholly-owned subsidiary, Dalian Huarui Port Machinery Co. , Ltd. , in Lüshunkou District, which will be responsible for the project's subsequent management and operation.