Shanghai Port Group: Signed a leasing contract for operational assets of Yangshan Phase IV Terminal worth 780 million yuan.

Shanghai Port Group announced that the company and its branch office, Shangdong, signed a "Lease Contract for Operable Assets of Yangshan Phase IV Terminal" with Tongsheng Group on August 12. The lease term is from January 1, 2026, to December 31, with a rental fee of 780 million yuan. Upon expiration, the lease will automatically renew for one year without objections, with no limit on the number of renewals. The subsequent rental fees will be dynamically adjusted according to a formula, requiring new decision-making if it exceeds the board's authority. This transaction constitutes a related party transaction and does not constitute a major asset reorganization. It has been approved by the board of directors and does not require review by the shareholders' meeting or approval from external departments.