Sinotrans completes LuKai International equity sale, anticipates gain of RMB 1.65 bn

Sinotrans Limited, through its subsidiary China Merchants Shipping Enterprises Co., Ltd. (CMS), has completed the sale of a 25% equity interest in LuKai International Holdings Limited. This transaction, initially approved on June 26, 2025, saw all prerequisite conditions fulfilled by October 21, 2025. The company anticipates an investment gain of approximately RMB 1.65 billion from this sale, excluding tax implications. Following the transaction, CMS will retain a 20% equity stake, with LuKai International remaining an associate company of Sinotrans.

Sinotrans will host an online investor briefing on October 29, 2025, from 14:00 to 15:00, to discuss these developments and its third-quarter performance.

Key company executives, including chairman Zhang Yi, CEO Gao Xiang, and CFO Li Xiaoyan, will be present. Investors can submit questions in advance by October 28, 2025, 16:00, via the SSE Roadshow Center or email.