Providing "Port + New Materials" Integrated Supply Chain Solutions

HONG KONG, Aug. 20, 2026 /PRNewswire/ -- China Infrastructure & Logistics Group Ltd. ("China Infrastructure & Logistics" or the "Group"; Stock Code: 1719.HK), a port operator in the Yangtze River Basin of China, announced that Tongshang Supply Chain Management (Wuhan) Co., Ltd. ("Tongshang Supply Chain"), an indirect wholly-owned subsidiary of the Group, entered into a five-year strategic cooperation framework agreement with Wuhan Changtao New Materials Co., Ltd. ("Wuhan New Materials") on 24 July 2026. The two parties will jointly conduct research and development of new technologies and new products for surface protection materials of port machinery and facilities, jointly apply for patents for relevant new technologies and new products, build a new innovative business platform, and promote the sustainable development of port surface protection technologies and products. This marks the Group's official entry into the new materials and new technologies industry, including the field of new anti-corrosion materials for ports, representing a key step in its evolution from a traditional port operator to a "Port + New Materials" comprehensive service provider, and advancing towards the Group's long-term vision of becoming a "Green Smart + Industry" comprehensive hub.

Tongshang Supply Chain is an important supply chain management and trading business platform under China Infrastructure & Logistics, serving as a bridge between upstream suppliers and downstream customers. Wuhan New Materials is a high-tech enterprise specializing in the research, development and industrialization of new high-performance surface functional protective coating materials. Its core technology, the "New-Type Highly Weather-Resistant and Long-Lasting Surface Anti-Fouling Material" has been assessed by the Hubei Provincial Department of Science and Technology as "overall reaching internationally leading standards."

Under the agreement, the two parties will rely on their laboratories, manufacture and research equipment, and technological teams possessed by the parties, develop and establish an innovative centre to conduct research and development of high-durability, multi-functional surface protective coatings and related products (the "New Technological Products"). The New Technological Products is expected to be applicable in port scenarios, with core functions of improving the overall quality of surface protection for port machinery and facilities, enhancing corrosion and stain resistance of port machinery or facilities, effectively extending the maintenance cycle and significantly reducing maintenance costs of port machinery or facilities.

In terms of the division of production and sales, the production process will be carried out by Wuhan New Materials relying on its own factories and supporting equipment, with production organized according to the product design formula developed by the laboratories. Wuhan New Materials will be responsible for procuring all or part of the raw materials required for production, while Tongshang Supply Chain will supervise the entire production process to ensure product standards. At the same time, Tongshang Supply Chain will be the only sales platform in the port industry to sell the New Technological Products exclusively and Wuhan New Materials cannot provide the New Technological Products to any third party within the port industry without the written consent of Tongshang Supply Chain.

China Infrastructure & Logistics has long been deeply engaged in port operations in the Yangtze River Basin, with core assets including the WIT Port, the Multi-Purpose Port and the Hannan Port forming a solid business foundation. Over the years, the Group has accumulated rich port customer resources, mature market operation capabilities and strong supply chain integration capabilities. China Infrastructure & Logistics stated that this strategic cooperation is a key initiative for the Group to promote the transformation and upgrading of its traditional trading business towards the new technology industry. Leveraging its own port channels and supply chain resources, the Group is going to cultivate industrial anti-corrosion coatings sector, build an integrated anti-corrosion solution service system, and foster new growth drivers for high-quality development. Through vertical integration into the new materials production process, the Group will upgrade to a comprehensive service provider of new anti-corrosion materials for ports, which will help expand its business scope, achieve business diversification, broaden its revenue base, and is in line with the overall interests of the Company and all shareholders.

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About China Infrastructure & Logistics Group Ltd.

China Infrastructure & Logistics is principally engaged in the investment, development, operation and management of containers and other ports, and the provision of port-related, logistics and other services, including integrated logistics, port and warehouse leasing, and supply chain management and trading services. The Group's core asset, the WIT Port (Wuhan Yangluo Port), as a core hub in the middle reaches of the Yangtze River and a strategic fulcrum of Hubei Province's "Port Economic Belt," is transitioning from a traditional port to a "Smart + Industry" comprehensive hub under the dual dividends of policy and geographical location. In 2024, its comprehensive business environment score ranked 3rd among inland river ports nationwide (data from the China Ports Association), up 2 places from 2023. For more information, please visit http://cilgl.com/chi/cindex.html.