CIMC Group announces A-share repurchase plan up to RMB500m

China International Marine Containers (Group) Co., Ltd. (CIMC Group) announced a plan to repurchase a portion of its A shares, approved by its board on September 29, 2025. The company intends to use self-owned funds for the repurchase, with a total capital not exceeding RMB500 million (inclusive) and not less than RMB300 million (included). The shares will be repurchased via centralized bidding trading through the Shenzhen Stock Exchange, with a proposed price not exceeding RMB12.01 per share.

The purpose of the repurchase is to boost investor confidence and protect shareholder interests, reflecting strong confidence in the company's future development and value. Based on the maximum repurchase amount, approximately 41.6319 million A shares (0.77% of total issued share capital) are expected to be repurchased. All repurchased A shares will be held for sale, with potential future allocation to employee share ownership plans or equity incentive schemes within three years.

In a related development, CIMC Group also disclosed repurchases of H shares, with 464,400 H shares repurchased on the Exchange on September 29, 2025, at prices between HK$7.77 and HK$7.99, totaling an aggregate price of HK$3,693,911. This represents 0.83% of the issued H shares as per the mandate granted on May 15, 2025.