COSCO Shipping Development reports 2.00 million A-share buyback; cumulative pending cancellations reach 27.39 million shares

Bulletin Express04-13

COSCO Shipping Development Co., Ltd. (COSCO SHIP DEV) submitted a Next Day Disclosure Return on 13 April 2026 summarising its latest share capital movements and buyback activity.

Total share capital unchanged • Issued A-shares (excluding treasury shares) stood at 9.75 billion as of both 10 April and 13 April 2026, with no new shares issued or treasury shares outstanding.

Latest repurchase on 13 April 2026 • The company bought back 2.00 million A-shares on the Shanghai Stock Exchange at prices between RMB 2.79 and RMB 2.80 per share. • Aggregate consideration for the day’s repurchase was RMB 5.59 million. • All 2.00 million shares are designated for cancellation; none will be held as treasury stock.

Cumulative buybacks awaiting cancellation • Between 18 November 2025 and 13 April 2026, COSCO Shipping Development repurchased 27.39 million A-shares for cancellation. • The pending-cancellation shares represent approximately 0.28% of the company’s current issued share base. • Total expenditure on these repurchases amounts to about RMB 73.05 million, implying a volume-weighted average purchase price of roughly RMB 2.67 per share.

Regulatory compliance The board confirms that all repurchases were conducted in accordance with the applicable Hong Kong Stock Exchange Main Board Rules, domestic stock-exchange regulations and other relevant legal requirements. All resolutions authorising the buybacks remain in force, and no material changes have been made to the company’s previously filed Explanatory Statement.

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(COSCO SHIP DEV) submitted a Next Day Disclosure Return on 13 April 2026 summarising its latest share capital movements and buyback activity.</p>\n<p>Total share capital unchanged  \n• Issued A-shares (excluding treasury shares) stood at 9.75 billion as of both 10 April and 13 April 2026, with no new shares issued or treasury shares outstanding.</p>\n<p>Latest repurchase on 13 April 2026  \n• The company bought back 2.00 million A-shares on the Shanghai Stock Exchange at prices between RMB 2.79 and RMB 2.80 per share.  \n• Aggregate consideration for the day’s repurchase was RMB 5.59 million.  \n• All 2.00 million shares are designated for cancellation; none will be held as treasury stock.</p>\n<p>Cumulative buybacks awaiting cancellation  \n• Between 18 November 2025 and 13 April 2026, COSCO Shipping Development repurchased 27.39 million A-shares for cancellation.  \n• The pending-cancellation shares represent approximately 0.28% of the company’s current issued share base.  \n• Total expenditure on these repurchases amounts to about RMB 73.05 million, implying a volume-weighted average purchase price of roughly RMB 2.67 per share.</p>\n<p>Regulatory compliance  \nThe board confirms that all repurchases were conducted in accordance with the applicable Hong Kong Stock Exchange Main Board Rules, domestic stock-exchange regulations and other relevant legal requirements. 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(COSCO SHIP DEV) submitted a Next Day Disclosure Return on 13 April 2026 summarising its latest share capital movements and buyback activity.\nTotal share capital unchanged  \n• Issued A-shares (excluding treasury shares) stood at 9.75 billion as of both 10 April and 13 April 2026, with no new shares issued or treasury shares outstanding.\nLatest repurchase on 13 April 2026  \n• The company bought back 2.00 million A-shares on the Shanghai Stock Exchange at prices between RMB 2.79 and RMB 2.80 per share.  \n• Aggregate consideration for the day’s repurchase was RMB 5.59 million.  \n• All 2.00 million shares are designated for cancellation; none will be held as treasury stock.\nCumulative buybacks awaiting cancellation  \n• Between 18 November 2025 and 13 April 2026, COSCO Shipping Development repurchased 27.39 million A-shares for cancellation.  \n• The pending-cancellation shares represent approximately 0.28% of the company’s current issued share base.  \n• Total expenditure on these repurchases amounts to about RMB 73.05 million, implying a volume-weighted average purchase price of roughly RMB 2.67 per share.\nRegulatory compliance  \nThe board confirms that all repurchases were conducted in accordance with the applicable Hong Kong Stock Exchange Main Board Rules, domestic stock-exchange regulations and other relevant legal requirements. 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