What is the relationship between the Port Authority and Zhanjiang Port (Group) Co., Ltd. Want detailed answers. Thanks

The Port Authority no longer exists

Zhanjiang Port (Group) Co., Ltd. is the largest public terminal operator in Zhanjiang Port. It was formerly known as Zhanjiang Port Authority. Restructured into Zhanjiang Port Group Co., Ltd. In 2007 and 2008, after overall restructuring, capital increase and share expansion, it became a foreign-invested joint-stock enterprise controlled by the Zhanjiang State-owned Assets Supervision and Administration Commission and held by six companies including China Merchants International and Baosteel Group. Currently, the shareholding ratios of Zhanjiang Port Group shareholders are: Zhanjiang State-owned Assets Supervision and Administration Commission 50%, China Merchants International Terminal (Zhanjiang) Co., Ltd. 40.29%, Baosteel Group Co., Ltd. 8%, and the remaining four shareholders ***1.71 %.

Zhanjiang Port Group currently has three operating port areas: Tiaoshun Island, Xiahai and Xiashan, with 38 productive berths, including 26 berths above 10,000 tons, and the largest 300,000-ton berth in the country. It has an onshore crude oil terminal, the largest 250,000-ton iron ore terminal in South China and the deepest 300,000-ton channel in Asia. The port has an annual throughput capacity of 49.54 million tons. The port area has a warehouse area of ??227,000 m2, a storage yard area of ??1.334 million m2, an oil tank volume of 542,000 m3, more than 770 sets of loading and unloading machinery, 22 port-operated ships, 41.5 kilometers of oil pipelines, and 107 kilometers of dedicated railway lines. It can undertake the loading and unloading, storage and packaging, transshipment business and passenger and car roll-off transportation business of containers, general cargo, bulk cargo, heavy cargo, dangerous goods, petroleum, liquid chemicals and other goods. It also carries out cargo agency and shipping agency. , ship towing, bonded warehousing, export supervision warehousing, as well as trade processing, distribution, distribution, information and other logistics value-added services.