An unknown buyer agreed to acquire 22% of stake in China Infrastructure & Logistics Group Ltd. from Hubei Port (Hong Kong) International Limited for approximately 440 million.

Wang Kaiwei agreed to acquire 7.67% of stake in China Infrastructure & Logistics Group Ltd. (SEHK:1719) from Hubei Port (Hong Kong) International Limited for approximately 152.15950 million on August 4, 2022. Wang Kaiwei will acquire 132.312615 million shares at the price of HKG1.15.