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COSCO SHIPPING Holdings(01919.HK) completes transfer of 2.6 billion A-shares for free, COSCO SHIPPING Group becomes the direct controlling shareholder
COSCO SHIPPING Holdings Announces Transfer of Shares and Change of Controlling Shareholder
March 3, 2023 — COSCO SHIPPING Holdings Co., Ltd. (Stock Code: 01919.HK) announced that on December 31, 2025, COSCO SHIPPING Holdings received a notice from its controlling shareholder, China COSCO Shipping Corporation Limited (referred to as “COSCO Group”), that it will transfer 2,610,063,089 A-shares of the company free of charge to China COSCO Shipping Group Limited (referred to as “COSCO Shipping Group”). Details of this state-owned share transfer are disclosed in the company’s “Notice on the Transfer of Shares Without Compensation by the Controlling Shareholder and Change of Direct Controlling Shareholder” published on the Shanghai Stock Exchange website (www.sse.com.cn) (Announcement No.: 2026-001).
On March 3, 2026, the company received the “Securities Transfer Registration Confirmation Letter” from China Securities Depository and Clearing Co., Ltd., transferred by COSCO Shipping Group. The share transfer registration procedures have been completed.
After this transfer, COSCO Shipping Group directly holds 3,314,809,949 A-shares of the company (approximately 21.65% of the total share capital), becoming the company’s direct controlling shareholder. Including the 3,694,809,948 A-shares and H-shares held indirectly through its subsidiaries (approximately 24.13% of the total share capital), COSCO Shipping Group and its concerted parties hold a total of 7,009,619,897 A-shares and H-shares of the company (approximately 45.78% of the total share capital).