China Merchants Shipping announced that the company plans to use its own or self-raised funds to repurchase shares through centralized bidding transactions through the Shanghai Stock Exchange trading system. All of the shares repurchased will be cancelled and the company's registered capital reduced. The repurchase amount is not less than RMB 222 million and not more than RMB 443 million. The repurchase price does not exceed 150% of the average trading price of the company's shares in the 30 trading days before the board of directors reviewed and approved the share repurchase decision.

China Merchants Shipping announced that the company plans to use its own or self-raised funds to repurchase shares through centralized bidding transactions through the Shanghai Stock Exchange trading system. All of the shares repurchased will be cancelled and the company's registered capital reduced. The repurchase amount is not less than RMB 222 million and not more than RMB 443 million. The repurchase price does not exceed 150% of the average trading price of the company's shares in the 30 trading days before the board of directors reviewed and approved the share repurchase decision.