COSCO Shipping: Obtains 274 million yuan loan commitment for stock repurchase.

China COSCO Shipping Corporation announced that the company recently received a "Loan Commitment Letter" issued by the Shanghai Branch of China Bank, agreeing to provide special loan support for the company's repurchase of A-shares. The loan amount will not exceed 274 million yuan and the loan term will not exceed three years. Previously, the company's board of directors approved an A-share repurchase plan on August 29, 2025, planning to repurchase between 40 million and 80 million shares at a price not exceeding 3.81 yuan per share. The validity period of the loan commitment letter is one year, and the company will repurchase shares and fulfill its disclosure obligations according to market conditions.