Liaoning Port completes share cancellation, boosting controlling shareholder stake

Liaoning Port Co. completed the cancellation of 333,707,456 repurchased shares on September 2, 2025. This action reduced the company's total share capital from 23,905,474,669 shares to 23,571,767,213 shares, a 1.3959% decrease.

The share repurchase, approved by shareholders on September 24, 2024, involved buying back shares via centralized bidding. The total amount spent on the repurchase was 544,826,038 yuan (excluding transaction fees), with an average price of 1.63 yuan per share.

Following the cancellation, the combined shareholding of controlling shareholder Yingkou Port Group Co. and its parties acting in concert passively increased from 69.96% to 70.95%. This change in equity will not alter the company's controlling shareholder or actual controller, and Liaoning Port's equity distribution remains compliant with listing requirements.