China Merchants Energy Shipping executives complete share reductions

Three senior executives of China Merchants Energy Shipping, Mr. Xu Hui, Mr. Hu Bin, and Mr. Kong Kang, have completed their planned share reductions from equity incentive schemes. The total reduction across the three executives amounted to 428,960 shares, representing 0.005313% of the company's total share capital. The initial plan, disclosed on July 30, 2025, aimed to reduce up to 475,602 shares.

Mr. Xu Hui reduced 216,000 shares at prices ranging from 8.68 yuan to 9.2 yuan per share, totaling 1,930,486 yuan. Mr. Hu Bin reduced 71,000 shares at 9.38 yuan per share, for a total of 665,980 yuan. Mr. Kong Kang reduced 141,960 shares at prices between 9.20 yuan and 9.44 yuan per share, amounting to 1,320,469.4 yuan. All reductions were carried out via concentrated bidding between August 20, 2025, and November 19, 2025.

As of November 19, 2025, Mr. Xu Hui now holds 650,490 shares (0.008056%), Mr. Hu Bin holds 214,560 shares (0.002657%), and Mr. Kong Kang holds 608,400 shares (0.007535%). The combined holdings of the three executives before the reduction plan was 3,023,410 shares, representing 0.037444% of the total share capital. The actual reduction achieved the planned target.