Cosco Shipping Development repurchases shares in March 2025

COSCO SHIPPING Development (SSE:601866) announced changes in its issued share capital and treasury share holdings on March 31, 2025. The company repurchased 2,000,300 A-shares on March 31, 2025, via trading at the Shanghai Stock Exchange at prices between RMB 2.34 and RMB 2.3486 per share. These shares are intended for cancellation. The total consideration paid for the repurchased shares amounted to RMB 4,697,904. Following these transactions, the company's issued shares increased by 28,724,292 shares to a total of 9,899,938,612. The company confirmed that the repurchases were conducted in accordance with relevant regulations and that the information contained in the previous circular to the exchange remains materially unchanged.