COSCO Shipping Holdings Orders Twelve Container Vessels from Jiangnan Shipyard

Reuters01-13

COSCO Shipping Holdings Orders Twelve Container Vessels from Jiangnan Shipyard

COSCO Shipping Holdings Co. Ltd. announced that on 13 January 2026, its wholly-owned subsidiary, COSCO Asset Management, entered into twelve shipbuilding contracts with Jiangnan Shipyard and China Shipbuilding Trading for the construction of twelve vessels. The consideration for each vessel is RMB1,399 million, with an aggregate consideration of RMB16,788 million for all vessels. The transaction constitutes a disclosable transaction under Chapter 14 of the Listing Rules, as one or more of the applicable percentage ratios exceed 5% but are all less than 25%. The counterparties and their ultimate beneficial owners are third parties independent of the company and its connected persons.

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. COSCO Shipping Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260113-11989721), on January 13, 2026, and is solely responsible for the information contained therein.

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The consideration for each vessel is RMB1,399 million, with an aggregate consideration of RMB16,788 million for all vessels. The transaction constitutes a disclosable transaction under Chapter 14 of the Listing Rules, as one or more of the applicable percentage ratios exceed 5% but are all less than 25%. The counterparties and their ultimate beneficial owners are third parties independent of the company and its connected persons.\n      \n\n\nDisclaimer: 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. COSCO Shipping Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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