- Time：2023/3/30 Posted：Shenzhen RSD International Freight Forwarding Co., Ltd
- On May 20th, COSCO Shipping Holdings Co., Ltd. (hereinafter referred to as COSCO Shipping Holdings) issued an announcement on the controlling shareholders' increase in their shareholding and subsequent increase plans.
According to the announcement, China Cosco Shipping Group Co., Ltd. (hereinafter referred to as COSCO Shipping Group), the controlling shareholder of COSCO Shipping Holdings, based on its confidence in the future development prospects of COSCO Shipping Holdings and recognition of its investment value, increased its holdings of 500000 A-shares of COSCO Shipping Holdings through the trading system of the Shanghai Stock Exchange on the same day, accounting for approximately 0.003% of the total capital stock of COSCO Shipping Holdings as of the end of the first quarter of 2022.
At the same time, the wholly-owned subsidiary of COSCO Shipping Group has accumulated 3025500 H shares of COSCO Shipping Holdings through OTC trading in Hong Kong, accounting for approximately 0.019% of the total equity of COSCO Shipping Holdings as of the end of the first quarter of 2022.
After the completion of this shareholding increase, COSCO Shipping Group and its subsidiaries jointly held 7319732610 A-shares and 193025500 H-shares in COSCO Shipping, accounting for approximately 46.91% of the total capital stock of COSCO Shipping as of the end of the first quarter of 2022.
In addition, COSCO Shipping Group will choose the opportunity to increase its holdings of COSCO Shipping Holdings' A shares and H shares within the next 12 months, with a total planned increase of no more than 3 billion yuan.
