To effectively maintain the company’s value and shareholders’ equity, and to further enhance investor confidence, after comprehensive consideration of factors such as the company’s financial status, future development prospects, and reasonable valuation level, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdings) momentously released its second share repurchase plan for the year on October 13, 2025.
Regarding A-share repurchases, the company will repurchase a total of 50 million to 100 million A-shares through centralized bidding transactions, with a maximum repurchase price of RMB 14.98 per share (inclusive). The total repurchase amount will be between RMB 749 million and RMB 1.498 billion. This will be implemented within 3 months from the date the board of directors reviews and approves the plan. All repurchased shares are intended to be cancelled to reduce the registered capital.
In addition to repurchasing A-shares, the company plans to simultaneously implement an H-share repurchase under the general mandate for H-share repurchases granted by the 2024 Annual General Meeting, the 2025 First A-share Class Meeting, and the 2025 First H-share Class Meeting. This will be carried out in accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the company’s articles of association, and other applicable laws and regulations, within the framework of the general mandate for H-share repurchases.
Following the release of a new round repurchase plan in April 2025, this is the second repurchase plan announced this year, fully demonstrating the company’s determination to safeguard shareholders’ equity.
Currently, COSCO SHIPPING Holdings is steadily entering a new stage of high-quality development, with digital intelligence and green low-carbon transformation continuously enhancing the company’s core competitiveness. The announcement of this new round share repurchase plan not only powerfully demonstrates the company’s resolve to align its market stock price with its intrinsic value but also fully showcases the company’s confidence in its future development prospects.
In the future, COSCO SHIPPING Holdings will continue to anchor its positioning as a “global digitalized supply chain operation and investment platform with container shipping at its core.” It will use the certainty of its own development to cope with the uncertainty of the external environment, striving to build a safe, resilient, and efficient global supply chain system, endeavor to provide high-quality services to global customers, and continuously create value for shareholders.
Subsequently, COSCO SHIPPING Holdings will, in accordance with the requirements of relevant laws and regulations, lawfully and compliantly carry out information disclosure regarding the progress of the share repurchase. Investors are kindly advised to pay attention to investment risks.
