China Cosco Shipping Corporation Limited: Orders twelve 18,000 TEU container ships, with a total transaction value of 16.788 billion RMB.

China Merchants Group announced on January 13, 2026, that its wholly-owned subsidiary China Merchants Assets has signed a total of twelve shipbuilding agreements with Jiangnan Shipyard and China Ship Trading to build twelve 18,000TEU LNG dual-fuel container ships. The contract price for each ship is RMB 1.399 billion, with a total transaction value of RMB 16.788 billion. This transaction is not considered a related party transaction, does not constitute a major asset restructuring as stipulated in the Regulations on the Management of Major Asset Restructuring of Listed Companies, and does not constitute a transaction that should be disclosed under the Stock Listing Rules of the Shanghai Stock Exchange, but it does constitute a transaction that should be disclosed under the Stock Listing Rules of the Hong Kong Stock Exchange.