CIMC Greenlights USD100 Million Purchase of 72.84 Million CIMC-TianDa Shares in Connected Deal

Bulletin Express
Jul 28

China International Marine Containers (Group) Co., Ltd. (CIMC) disclosed that its Board approved a connected transaction under which its wholly owned subsidiary, China International Marine Containers (Hong Kong) Limited (CIMC HK), will acquire 72.84 million shares of CIMC-TianDa Holdings Company Limited from Expedition Holding Corporation Limited for USD100.00 million, to be settled in Hong Kong dollars.

The resolution was passed at the Eleventh Meeting of the 11th Board held via correspondence vote on 28 July 2026. All nine directors participated and unanimously supported the proposal (9 votes in favour; 0 against; 0 abstentions). No connected directors abstained from voting.

Board Secretary Wu Sanqiang has been authorised to execute the related transaction documents on the Company’s behalf.

The announcement was released simultaneously on the websites of CIMC and the Hong Kong Stock Exchange on 28 July 2026.

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