China Cosco Shipping: The charges by the US Department of Justice involve the subsidiary company Shanghai Universal of the company.

COSCO SHIPPING issued a notice, the company noticed that the U.S. Department of Justice publicly announced charges against several container manufacturing companies and individuals for planning to restrict the production of specific non-refrigerated transport containers and manipulate their prices, involving its subsidiary Shanghai Universal Logistics Equipment Co., Ltd. As of the date of this announcement, Shanghai Universal has not received any legal proceedings or other legal documents related to the case from the U.S. Department of Justice, and will pay high attention and respond properly. The company will closely monitor the progress of the event. As of the date of this announcement, the company's daily operations are normal in all major aspects.