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Qingdao port considers A-share listing
China.org.cn, March 28, 2016 Print  E-mail

Based on China's relevant regulations, Qingdao Port International is considering to initiate a plan to list on the country's A-share market, according to a meeting introducing the corporation's performance in 2015.

If it completes A-share listing, the company would consider an employee stock ownership plan, according to the meeting.

The cargo traffic at Qingdao Port International's ports reached 430 million tonnes last year, and the growth rate ranked second among its competitors.

The company's net profit and return on net assets are in the same range with the A-share market's top three port operators, said Jiao Guangjun, president of the port.

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