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Shanghai International Port Group announces dividend, related party transactions

September 1, 2025 at 07:26 AM UTCBy FilingReader AI

Shanghai International Port Group announced a 2025 half-year cash dividend of RMB 0.05 per share (including tax), totaling RMB 1.16 billion based on its 23.28 billion shares as of June 30, 2025. This plan requires approval from the general meeting.

The company also disclosed daily related party transactions for 2026-2028 with COSCO SHIPPING Holdings. SIPG will provide services totaling up to RMB 35 billion annually and receive services up to RMB 5 billion annually. These transactions are considered normal operating activities.

Additionally, SIPG's subsidiary, Shanghai Pudong Container Terminal Co., Ltd., extended an entrusted loan of RMB 0.49 billion to Maersk Logistics and Services Management Co., Ltd., maturing on August 25, 2026, at an annual interest rate of 2%. This brings the total outstanding entrusted loan balance to RMB 2.9 billion, representing 0.22% of SIPG’s latest audited net assets.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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