SITC, SIPG and Hisense sign South Africa investment framework

SITC, Shanghai International Port Group (SIPG) and Hisense have signed a tripartite framework agreement covering equity investment cooperation in South Africa. The agreement was signed on 16 October 2026 in Qingdao, China. The companies did not disclose the intended ownership structure, investment value or completion timetable. Under the framework, SITC Logistics and SIPG Logistics plan […] The po…