China Merchants Shipping: Shareholders holding more than 5% of the shares intend to reduce their holdings by no more than 1%.
China Merchants Shipping announced that as of the disclosure date of the announcement, Sinopec Group directly holds 1.095 billion shares of the company, accounting for 13.57% of the total share capital, making it the second largest shareholder. Sinopec Group plans to reduce its holdings through centralized bidding from May 12, 2026 to August 12, 2026, by no more than 80.7454 million shares, or no more than 1% of the total share capital, with the reduction price determined by the market price. This reduction does not affect its position as the second largest shareholder and its normal cooperation with the company.
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