COSCO Shipping Development Cancels 65.60 Million Shares in July, Authorised Capital Trimmed to RMB 13.13 Billion

Bulletin Express08-05

COSCO Shipping Development Co., Ltd. filed its monthly return for July 2026, detailing the completion of a large‐scale share cancellation following earlier repurchases.

Key points:

1. Share cancellations • H shares: 24.04 million cancelled on 10 July 2026, reducing the outstanding H share count to 3.42 billion. • A shares: 41.56 million cancelled on 2 July 2026, lowering the outstanding A share count to 9.71 billion. • Combined reduction: 65.60 million shares, equal to roughly 0.50 % of the company’s total shares outstanding at end-June.

2. Updated share capital • Registered H share capital fell from RMB 3.45 billion to RMB 3.42 billion, a 0.70 % decrease. • Registered A share capital declined from RMB 9.75 billion to RMB 9.71 billion, a 0.43 % decrease. • Total authorised/registered share capital now stands at RMB 13.13 billion.

3. Public float and treasury position • No treasury shares remain after the cancellations. • The H-share public float continues to meet the Hong Kong Stock Exchange’s 5 % requirement.

4. Absence of dilutive instruments • The issuer reported no outstanding share options, warrants, convertibles, or other equity-linked instruments during the period.

The filing confirms that all cancellations were completed in accordance with board approvals, listing rules, and applicable regulations.

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