China Merchants group increases stake in Antong Holdings, solidifying position

China Merchants Group affiliates, including China Merchants Port Group and China Foreign Trade & Transportation, have increased their aggregate stake in Antong Holdings from 15.00% to 20.00%. This 5% increase involved the acquisition of 211,576,298 shares between July 30 and December 18, 2025, making them the company's largest shareholder group. Despite this significant increase in shareholding, Antong Holdings' actual controller remains Fujian Zhaohang Logistics Management Partnership, and the company continues to have no actual controller.

The transactions included open market purchases and block trades. Notably, China Foreign Shipping Container Transportation, a key entity within the China Merchants Group, acquired shares valued at RMB 42,968,269, representing a 1.02% increase, to reach a total holding of 846,305,397 shares. These acquisitions are part of a previously disclosed plan to increase holdings.

China Merchants Group and its associated entities have pledged not to reduce their stake in Antong Holdings for 18 months following the completion of this equity change, with exceptions for internal transfers within entities under the same actual controller. The Group reaffirms its commitment to maintaining Antong Holdings' independence in operations, assets, personnel, finance, and business.