China COSCO Shipping completes Antong Holdings stake increase to investment limit
China COSCO Shipping, a party associated with a shareholder holding 5% or more in Antong Holdings, has successfully completed its share acquisition plan. Between August 4, 2025, and October 14, 2025, China COSCO Shipping acquired 168.608 million shares of Antong Holdings through block trades and centralized bidding. This represents approximately 3.98% of Antong Holdings' total share capital, with an investment amount reaching approximately 600 million yuan (excluding taxes and fees).
The acquisition reached the upper limit of the initial investment plan, which aimed for a minimum of 300 million yuan and a maximum of 600 million yuan. As of October 14, 2025, China COSCO Shipping holds a total of 168.7742 million shares, or approximately 3.99% of Antong Holdings' total share capital, with the entire plan now complete. The action underscores confidence in Antong Holdings' future prospects and long-term investment value.
This share acquisition is in compliance with relevant securities laws and regulations and will not affect the company's listing status or lead to changes in its controlling shareholder or actual controller. The initial plan for this acquisition was disclosed on August 2, 2025.
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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