Jiangsu Lianyungang Port Co.Ltd(601008) announced that the company plans to issue shares to Shanghai International Port (Group) Co.Ltd(600018) non-public and introduce strategic investors. The total amount of this fund-raising does not exceed 150 million yuan. The net amount after deducting the issuance expenses will be used for Jiangsu Lianyungang Port Co.Ltd(601008) International Automobile green intelligent logistics center project, Jiangsu Lianyungang Port Co.Ltd(601008) green low-carbon port loading and unloading process equipment renewal and transformation project, replenishing working capital and repaying debts.