COSCO Shipping plans to increase holdings of COSCO Shipping Holdings by 3 billion yuan

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On May 20th, COSCO Shipping Holdingsi ssued the following announcement:

COSCO Shipping increased its stake in COSCO Shipping Holdingsby 500,000 A-shares and 3,025,500 H-shares.

Meanwhile, COSCO Shipping will increase its A-shares and H-shares in the next 12 months, with the total amount of additional shares planned to not exceed 3 billion yuan.