On 3 July 2022, Shandong Port Group Co., Ltd. signed the equity transfer agreement with Sime Darby in Weifang, marking an important achievement in the process of reform and development of Shandong port integration and a milestone for the development of Bohai Bay Port. 

Grandall Jinan Office has been retained as the legal counsel of Shandong Port Group with XIANG Yongjian and LI Yuan as key lawyers serving the case.