China Merchants Shekou Industrial Zone Holdings secures preferred share issuance approval

China Merchants Shekou Industrial Zone Holdings announced on September 30, 2025, that its proposal to issue preferred shares to specific subscribers received approval from China Merchants Group Co., Ltd. on September 28, 2025. This follows a board resolution on September 12, 2025, and is still pending review by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.

Separately, a verification report on the company's use of prior raised funds through June 30, 2025, confirmed that the funds were used in compliance with regulations. The report details the use of RMB 6,929,942,315.05 for various projects and temporary replenishment of working capital with RMB 1,400,000,000.00, with a balance of RMB 116,929,349.40 remaining. The company's board asserts the accuracy and completeness of the prior fundraising report.