The following is the report:

On June 5438+08, Hutchison Whampoa Port Group, a subsidiary of Li Ka-shing, and Dalian Port Group held a joint venture contract signing ceremony for Dalian Ore Terminal at Shangri-La Hotel, Dalian. The two sides agreed to invest 2.2 billion yuan to build, operate and manage the largest and most technologically advanced ore terminal in China-the 300,000-ton ore terminal in Dalian Port. Hutchison Whampoa Port's investment in Dalian Ore Terminal Project is its first non-container terminal facility in China, and it is also a new strategic measure for its investment in ports north of the Yangtze River in China. Taking the ore terminal project as a breakthrough, Hutchison Whampoa Port will further explore cooperation with Dalian Port Group in the fields of international cruise city, old port reconstruction, oil products and grain.