China Merchants Port Group completes share cancellation, reduces capital

China Merchants Port Group Co., Ltd. has completed the cancellation of 19,817,696 repurchased shares, representing 0.79% of the company's total share capital before the cancellation. This action was officially registered with the Shenzhen branch of China Securities Depository and Clearing Corporation Limited on October 10, 2025. Following the cancellation, the company's total share capital has been reduced from 2,501,565,281 shares to 2,481,747,585 shares.

The share repurchase program, approved in October 2024, involved using own funds and self-raised capital of no less than RMB 19,500 million and no more than RMB 38,900 million. The company acquired these shares through centralized bidding between December 4, 2024, and September 19, 2025.

The total expenditure for the repurchase amounted to RMB 388,952,994.18, including taxes and commissions. The highest price paid per share was RMB 20.99, and the lowest was RMB 17.95. The company plans to amend its Articles of Association to reflect the updated registered capital and total share count.