Sinotrans Limited has completed the disposal of a 25% equity interest in Loscam International. The company announced that all conditions precedent for the transaction were satisfied as of 21 October 2025, and the disposal has now been finalized. Following the transaction, Sinotrans indirectly holds a 20% equity interest in Loscam International through China Merchants Shipping, which remains an associate of the company. The group expects to record a gain of approximately RMB1.65 billion (excluding tax effects) from the disposal, with the final financial impact subject to the company's audited financial statements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinotrans Limited published the original content used to generate this news brief on October 22, 2025, and is solely responsible for the information contained therein.
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