CSSC (Hong Kong) Shipping issues 1 bn yuan notes due 2028

The notes, bearing an interest rate of 1.95% per annum, were issued on November 12, 2025, with a trade date of November 5, 2025. The issue price is 100% of the aggregate nominal amount, with gross proceeds of 1,000,000,000 yuan. These notes are designated for working capital and general corporate purposes, including the repayment of existing loans and payment of vessel purchase and other loan lending costs.

This issuance is part of CSSC Capital 2015 Limited’s U.S.$3,000,000,000 Guaranteed Medium Term Note Programme, unconditionally and irrevocably guaranteed by CSSC (Hong Kong) Shipping Company Limited. The notes are expected to be rated "A-" by Fitch Rating Inc. and are listed on The Stock Exchange of Hong Kong Limited, effective on or about November 13, 2025.

The board of directors of the Issuer and Guarantor approved the issuance and guarantee on September 25, 2025. Regulatory approval for the issuance was obtained with the NDRC pre-issue certificate dated February 26, 2025. The notes are intended for purchase by professional investors only.