Shanghai Port: Repurchase of shares completed, controlling shareholder and its concerted actors' equity passively increased.
Shanghai Port announced that on March 24, 2026, the company completed the repurchase and cancellation of 1.568 million restricted shares from the third phase of the 2023 restricted stock incentive plan that had not yet been released from restrictions. The total share capital decreased from 245 million shares to 243 million shares. The controlling shareholder Hainan Longwan Investment Holding Co., Ltd. and its concerted action person Xu Wang did not change their shareholding quantity, and the total shareholding ratio increased from 68.75% to 69.19%, reaching a multiple of 1%. This will not lead to a change in the controlling shareholder or the actual controller, and the company's control remains stable.
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