Xiamen Port Authority: Waive the preemptive right to purchase the equity transfer of a subsidiary.

Xiamen Port Authority announced that on March 5, 2026, the company received a notice from its controlling shareholder, Xiamen International Port, regarding the transfer of 30% equity of Xiamen Container Terminal Group Co., Ltd. Xiamen International Port intends to publicly auction its 30% equity stake in the container terminal group at a minimum price of not less than 26.48 billion yuan at the Fujian Provincial Property Exchange Center. The company has already acquired 70% of the equity of the container terminal group by issuing shares and paying cash, and has become its controlling subsidiary. According to the Company Law of the People's Republic of China and the articles of the target company, as the controlling shareholder, the company has the right of first refusal for the transfer of the equity stake mentioned above under equal conditions. After careful consideration, the company has decided to waive its right of first refusal for the aforementioned equity stake.