Cosco Shipping International Hong Kong Boosts Stake in Joint Venture with Capital Injection

Reuters02-12

<a href="https://laohu8.com/S/CICOF">Cosco Shipping</a> International Hong Kong Boosts Stake in Joint Venture with Capital Injection

COSCO SHIPPING International (Hong Kong) Co., Ltd. has announced a discloseable and connected transaction involving a capital increase in its joint venture with COSCO SHIPPING Technology Co., Ltd. Under the terms of the transaction, the joint venture—COSCO SHIPPING Smart-Sailing Marine Solutions Co., Ltd.—is currently owned 51% by COSCO SHIPPING International (Hong Kong) and 49% by COSCO SHIPPING Technology. The parties have entered into an equity transfer agreement relating to the capital injection, which will see a further capital increase in the joint venture. The agreement was entered into on 5 January 2026, following the original formation of the joint venture in February 2023. The transaction is subject to the approval of the Independent Board Committee and Independent Shareholders, with advice from an independent financial adviser.

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 International (HongKong) 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-20260212-12023674), on February 12, 2026, and is solely responsible for the information contained therein.

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Under the terms of the transaction, the joint venture—COSCO SHIPPING Smart-Sailing Marine Solutions Co., Ltd.—is currently owned 51% by COSCO SHIPPING International (Hong Kong) and 49% by COSCO SHIPPING Technology. The parties have entered into an equity transfer agreement relating to the capital injection, which will see a further capital increase in the joint venture. The agreement was entered into on 5 January 2026, following the original formation of the joint venture in February 2023. The transaction is subject to the approval of the Independent Board Committee and Independent Shareholders, with advice from an independent financial adviser.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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