CIMC Group updates on A-share repurchase, corporate governance changes

China International Marine Containers (Group) Co., Ltd. announced that as of October 31, 2025, it had repurchased 17,503,390 A-shares through centralized bidding, representing 0.3246% of its total share capital. The total amount spent was RMB 143,029,774.40, with prices ranging from RMB 7.90 to RMB 8.49 per share. This repurchase is part of a plan to buy back A-shares worth RMB 300m to RMB 500m, at a maximum price of RMB 12.01 per share, as approved by the board on September 29, 2025.

Additionally, the company held its second extraordinary general meeting on November 6, 2025. During this meeting, shareholders approved several key proposals, including an update to the 2025 Guarantee Plan and revisions to the company’s articles of association and board meeting rules. The company will no longer set up a supervisory board as a result of these approved revisions.

On November 6, 2025, the company also reported further share repurchase activities, acquiring 391,700 H-shares at prices between HK$7.06 and HK$7.26, and 1,574,200 A-shares at prices between RMB 7.95 and RMB 7.96. The total H-share repurchase amounted to HK$2,814,712, and the A-share repurchase totaled RMB 12,524,988.