On 27 May 2026, COSCO SHIPPING Development Co., Ltd. executed fresh buybacks on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange without altering its overall share capital structure.

Key takeaways

• Latest H-share repurchase: 1.00 million shares bought on the Hong Kong Exchange at HKD 0.99–1.00 per share, costing HKD 1.00 million.

• Latest A-share repurchase: 0.50 million shares acquired on the Shanghai Exchange at RMB 2.52 per share, totalling RMB 1.26 million.

• Issued share capital unchanged: 3.45 billion H shares and 9.75 billion A shares remained in issue as of 27 May 2026; no new shares were issued and no treasury shares were outstanding.

• Cumulative H-share buybacks: Since the 26 June 2025 mandate, 20.59 million H shares—equivalent to 0.60 % of the company’s H-share base at mandate date—have been repurchased, all earmarked for cancellation.

• Cumulative A-share buybacks: 41.56 million A shares have been repurchased between 18 November 2025 and 27 May 2026, pending cancellation.

• Repurchase headroom: The current mandate authorises up to 344.57 million H-share repurchases; approximately 94 % of that limit remains available.

• Moratorium: In accordance with Hong Kong Listing Rule 10.06, COSCO SHIPPING Development is restricted from issuing new shares for 30 days post-repurchase, i.e., until 26 June 2026.

All repurchases were authorised by the board and executed in line with applicable listing rules and domestic regulations.