Qingdao Port International Co., Ltd. announced that Guanxing Investment, COSCO SHIPPING Port Investment and Wanbang Investment combined to transfer 70% of the shares of the target companies, at a reserve price of 1,918 billion yuan, must be paid in one lump sum. The listing publicity period is from October 14, 2026 to November 11, 2026. The company's original shareholders, as the target company, have not relinquished their priority purchasing rights and intend to participate in the bid at the reserve price. The source of capital is their own funds. If the bid is successful, the target company will become a wholly-owned subsidiary of the company and included in the consolidated statements. The transaction constitutes a discloseable transaction and a related transaction. It is still subject to review by the Extraordinary General Meeting of Shareholders. COSCO SHIPPING Group and its contacts will avoid voting, and there is uncertainty about whether the transaction can be completed.

Qingdao Port International Co., Ltd. announced that Guanxing Investment, COSCO SHIPPING Port Investment and Wanbang Investment combined to transfer 70% of the shares of the target companies, at a reserve price of 1,918 billion yuan, must be paid in one lump sum. The listing publicity period is from October 14, 2026 to November 11, 2026. The company's original shareholders, as the target company, have not relinquished their priority purchasing rights and intend to participate in the bid at the reserve price. The source of capital is their own funds. If the bid is successful, the target company will become a wholly-owned subsidiary of the company and included in the consolidated statements. The transaction constitutes a discloseable transaction and a related transaction. It is still subject to review by the Extraordinary General Meeting of Shareholders. COSCO SHIPPING Group and its contacts will avoid voting, and there is uncertainty about whether the transaction can be completed.