China Merchants Shekou completes share repurchase program

China Merchants Shekou Industrial Zone Holdings has successfully completed its share repurchase program, which commenced on November 19, 2024, and concluded on October 31, 2025. The company repurchased 44,804,006 shares through centralized bidding, representing 0.494% of its total share capital. The aggregate amount spent was CNY 430,266,583.09, including stamp duty and transaction commissions. The repurchase price ranged from CNY 10.78 per share to CNY 8.48 per share.

The company confirmed that the repurchase met all previously disclosed criteria regarding volume, price, funding, method, and duration, aligning with resolutions passed at its third extraordinary general meeting in 2024. The board stated that the buyback would not adversely affect the company's operations, profitability, finances, or future development, nor would it alter the control structure or the company's listed status.

All repurchased shares will be legally cancelled, reducing the company's registered capital. Based on the current capital structure, this cancellation will slightly increase the percentage of restricted shares to 6.68% and decrease unrestricted shares to 93.32%. The total share capital will decrease to 9,016,032,171 shares.