Liaoning Port Co., Ltd. (Stock Code: 2880) announced that as of the date of the announcement, approximately 29% of the company’s A and H shares are in public hands. Following the recent amendments to the Listing Rules that took effect on 1 January 2026, the H shares of the company held by the public—currently valued at about HK$803 million and representing 3.67% of the total issued H share class—do not meet the new minimum public float requirement of HK$1 billion or 5%.

The company is evaluating three potential solutions: the disposal of H shares by substantial shareholders, the issuance of additional H shares to the public, and a repurchase and cancellation of A shares. Each presents challenges due to market conditions, regulatory procedures, and the large volume of shares potentially involved. The stock exchange has granted transitional arrangements for restoring the public float, and the company will actively seek feasible options in consultation with professional advisors.

According to the announcement, the company plans to maintain transparency by disclosing monthly developments and adhering to other applicable Listing Rules provisions. Meanwhile, no actions will be taken that would further reduce the public float, unless exceptional circumstances can be demonstrated. The board advises shareholders and potential investors to exercise caution when dealing in the company’s shares.