COSCO Shipping Development Maintains 13.20 Billion Share Capital; 51.53 Million Shares Repurchased Pending Cancellation

Bulletin Express05-06

COSCO Shipping Development Co., Ltd. filed its monthly return for the period ended 30 April 2026, confirming that overall share capital and public float requirements remain stable while ongoing share buy-backs await formal cancellation.

Authorised and Issued Capital • Authorised/registered capital stood unchanged at 13.20 billion shares, comprising 3.45 billion H-shares and 9.75 billion A-shares, each with a par value of RMB 1. • Issued shares at month-end mirrored the authorised figures: 3.45 billion H-shares and 9.75 billion A-shares, with no treasury shares reported.

Share Repurchase Activity • Since 18 November 2025, the company has repurchased 18.64 million H-shares and 32.88 million A-shares (total: 51.53 million shares). • These repurchased shares have not yet been cancelled and therefore remain within the issued share count as of 30 April 2026.

Public Float Compliance • Management confirmed compliance with the Hong Kong Exchange’s 5% public-float requirement for H-shares at month-end.

Capital Instruments • The company reported no outstanding share options, warrants, convertibles, or other equity-linked instruments.

Governance Confirmation • All necessary authorisations, filings, and regulatory conditions associated with the share movements have been fulfilled, according to the company secretary’s declaration dated 6 May 2026.

The absence of new share issuances, coupled with repurchases pending cancellation, underscores a stable capital structure while the buy-back programme continues to progress through formal cancellation procedures.

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