An announcement has been issued by SINOTRANS (00598).

As of the date of this announcement, Mr. Gao Xiang, a Director, General Manager, and Chief Digital Officer of Sinotrans Limited, holds 509,600 A-shares of the company, representing approximately 0.0071% of its total share capital.

Within three months following 15 trading days from the date of this announcement, Mr. Gao intends to reduce his holdings by selling no more than 127,400 A-shares through the block trading system. This planned sale accounts for about 0.0018% of the company's total issued share capital.