China Shipbuilding Industry to delist, shares convert to China Shipbuilding

China Shipbuilding Industry Co. is set to delist its A-share stock from the Shanghai Stock Exchange on September 5, 2025, following its absorption by China Shipbuilding Industrial Company. The delisting is a result of a share swap merger, approved by the China Securities Regulatory Commission on July 18, 2025. As an active delisting, the company's A-shares will not enter a delisting period.

After the delisting, China Shipbuilding Industry A-shares will no longer be visible in investor accounts. The corresponding market value will not be reflected until the shares are converted into China Shipbuilding A-shares and the new shares are listed. This conversion will occur according to the share swap ratio determined in the report issued on July 19, 2025.

Shareholders' China Shipbuilding Industry shares will be converted into whole China Shipbuilding shares. Fractional entitlements will be distributed sequentially based on decimal size, with any remaining fractions distributed randomly if there are ties. Further announcements regarding the share swap will be made by China Shipbuilding.