Sinotrans completes maximum stake increase in Antong Holdings

Sinotrans announced the completion of its shareholding increase in Antong Holdings. Between August 4, 2025, and October 14, 2025, Sinotrans acquired 168.608 million shares of Antong Holdings through block trades and competitive bidding. This acquisition represents approximately 3.98% of Antong Holdings' total share capital, with an investment of approximately RMB 600 million (excluding tax and fees), reaching the upper limit of the previously approved investment.

The decision to increase shareholding was made at Sinotrans' Fourth Board of Directors' Fifteenth Meeting on July 31, 2025, authorizing the company to use its own funds to boost its stake in Antong Holdings within 12 months. The initial plan targeted an investment range of no less than RMB 300 million and no more than RMB 600 million.

As of the announcement date, Sinotrans holds a total of 168.7742 million shares of Antong Holdings, accounting for approximately 3.99% of its total share capital.