COSCO SHIP HOLD plans to spend up to 1.498 billion yuan to repurchase A-shares

COSCO SHIP HOLD plans to repurchase A-shares on October 13, 2025, with a maximum amount of RMB 1.498 billion. The board of directors has approved the repurchase plan, intending to repurchase 50 million to 100 million A-shares through centralized bidding, accounting for approximately 0.32% to 0.65% of the total share capital. The repurchase funds will be sourced from its own funds or self-raised funds that comply with relevant laws, and all repurchased shares will be used for cancellation and reduction of registered capital. At the same time, the company also plans to implement H-share repurchase based on the H-share repurchase authorization, without the need for shareholder meeting deliberation