China Merchants Port Group: over 576m A-shares to become freely tradable

China Merchants Port Group Co., Ltd. announced that 576,709,537 A-shares, issued in a non-public offering in 2022, will be released from lock-up and become available for trading on November 14, 2025. These shares, held by Zhejiang Provincial Seaport Investment and Operation Group Co., Ltd., represent 23.2376% of the company's current total share capital. The 36-month lock-up period, which commenced on October 12, 2022, is now expiring.

The release follows regulatory approval from the China Securities Regulatory Commission (CSRC) and adherence to lock-up commitments. China International Capital Corporation Limited and China Merchants Securities Co., Ltd., joint sponsors for the original offering, confirmed that the company and the shareholder have fulfilled all related legal and regulatory requirements.

The stock structure will change significantly post-unlocking, with restricted shares decreasing to 0 and unrestricted tradable shares increasing from 1,905,083,448 to 2,481,792,985. The total share capital remains unchanged at 2,481,792,985 shares.