FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 第 2 頁 共 8 頁 v 1.3.0 | 13). | 購回股份(擬註銷但截至期終結存日期尚未註銷) | 3,000,000 | 0.1042 % | HKD | 13.68 | | --- | --- | --- | --- | --- | --- | | | 變動日期 2025年11月18日 | | | | | | 14). | 購回股份(擬註銷但截至期終結存日期尚未註銷) | 3,000,000 | 0.1042 % | HKD | 13.87 | | | 變動日期 2025年11月19日 | | | | | | 15). | 購回股份(擬註銷但截至期終結存日期尚未註銷) | 3,000,000 | 0.1042 % | HKD | 13.78 | | | 變動日期 2025年11月20日 | | | | | | 16). | 購回股份(擬註銷但截至期終結存日期尚未註銷) | 3,000,000 | 0.1042 % | HKD | 13.53 | | | 變動 ...

Core Viewpoint - The A-share market has seen a strong performance in the port and shipping sector, with notable gains in stocks such as China Merchants Energy Shipping and COSCO Shipping Energy, driven by a significant increase in the Baltic Dry Index [1] Group 1: Market Performance - China Merchants Energy Shipping reached its historical high, hitting the daily limit up [1] - COSCO Shipping Energy rose over 5%, while COSCO Shipping Specialized Carriers increased by 4% [1] - China Merchants South Oil saw an increase of over 3% [1] Group 2: Baltic Dry Index - The Baltic Dry Index rose by 80 points or 3.2% to 2560 points, marking the highest level since December 2023 [1] - This increase represents the 12th consecutive day of growth, with a weekly increase of 12.5% [1] Group 3: Individual Stock Performance - China Merchants Energy Shipping (601872) had a daily increase of 8.74% and a total market capitalization of 77.4 billion [2] - COSCO Shipping Energy (600026) increased by 5.88% with a market cap of 69.9 billion [2] - COSCO Shipping Specialized Carriers (600428) rose by 4.03%, valued at 19.8 billion [2] - China Merchants South Oil (601975) saw a 3.21% increase, with a market cap of 15.5 billion [2]

Core Viewpoint - The stock of China COSCO Shipping Holdings Co., Ltd. has shown a mixed performance in recent trading sessions, with a slight increase on December 1, 2023, and a year-to-date price increase of 7.19% [1] Group 1: Stock Performance - As of December 1, 2023, the stock price rose by 2.05% to 14.91 CNY per share, with a trading volume of 617 million CNY and a turnover rate of 0.33%, resulting in a total market capitalization of 230.95 billion CNY [1] - Year-to-date, the stock has increased by 7.19%, with a 0.54% increase over the last five trading days, a 1.84% decrease over the last 20 days, and a 1.29% increase over the last 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, the company reported a revenue of 167.60 billion CNY, a year-on-year decrease of 4.09%, and a net profit attributable to shareholders of 27.07 billion CNY, down 29.00% year-on-year [2] - The company has distributed a total of 119.28 billion CNY in dividends since its A-share listing, with 99.62 billion CNY distributed over the last three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 425,300, reflecting a rise of 17.75% from the previous period [2] - Major shareholders include China Securities Finance Corporation, holding 374 million shares, and Hong Kong Central Clearing Limited, which reduced its holdings by 222 million shares to 219 million shares [3]

Core Insights - The report by Zhiyan Consulting highlights a significant decline in China's metal container production, with a year-on-year decrease of 28.7% in September 2025 and a cumulative decline of 11% for the first nine months of 2025 [1]. Industry Overview - According to the National Bureau of Statistics, the production volume of metal containers in China reached 21.69 million cubic meters in September 2025, indicating a substantial drop compared to previous years [1]. - The cumulative production for the first nine months of 2025 was reported at 184.962 million cubic meters, reflecting a downward trend in the industry [1]. Market Research - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in comprehensive industry research reports, business plans, feasibility studies, and customized services [2]. - The firm emphasizes its commitment to providing in-depth industry insights and solutions to empower investment decisions [2].

Core Points - The Greek parliament approved amendments allowing Onex to expand its operations at Elefsina Port, which is strategically located near China's largest port in Greece, Piraeus, as part of the U.S. effort to counter Chinese influence in the region [1][2] - Onex, which acquired the Elefsina shipyard in 2020, received $125 million in financing from the U.S. International Development Finance Corporation in 2023, and the new amendments will enable Onex to acquire an additional 40 hectares of land and expand into various sectors beyond shipbuilding [1][2] - The U.S. government views Elefsina Port as a critical investment opportunity due to its proximity to military bases and logistics centers, aiming to use it for transporting sensitive goods and military equipment [1][2] Industry Insights - The Elefsina Port is expected to complement rather than compete directly with Piraeus Port, which has an annual revenue of €235 million compared to Elefsina's €5 million, highlighting the significant scale difference between the two ports [4] - Piraeus Port, operated by COSCO since 2016, has become a vital hub for international trade and logistics in the Mediterranean, significantly enhancing the efficiency of trade between Central Europe and the region [4] - The U.S. is also interested in other Greek ports, such as Volos and Alexandroupolis, with the latter serving as a strategic point for competing with Russian gas supplies in the Balkans [2][3]

Summary of Key Points Core Viewpoint - China COSCO Shipping Holdings Co., Ltd. has been actively repurchasing its shares, indicating a commitment to enhancing shareholder value amidst a declining stock price trend [1]. Group 1: Share Buyback Activity - On November 28, the company repurchased 3 million shares at a price range of HKD 13.220 to HKD 13.370, totaling HKD 39.78 million [1]. - Since October 31, the company has conducted buybacks for 21 consecutive days, acquiring a total of 56.598 million shares for a cumulative amount of HKD 780 million [1]. - Year-to-date, the company has executed 112 buybacks, totaling 446 million shares and an aggregate expenditure of HKD 5.935 billion [1]. Group 2: Stock Performance - The stock closed at HKD 13.250 on the day of the latest buyback, reflecting a decrease of 0.45% [1]. - During the buyback period since October 31, the stock has experienced a cumulative decline of 0.97% [1]. - The total trading volume on the day of the latest buyback was HKD 155 million [1].

Group 1 - Company announced a share buyback of 3 million shares at a total cost of HKD 39.7825 million [1] - The buyback price per share ranges from HKD 13.22 to HKD 13.37 [1] - The buyback is scheduled for November 28, 2025 [1]

| 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01919 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | 佔有關事件前的現有已發 | | | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發行股份（不包括庫存股份）數 目 | 行股份（不包括庫存股 份）數目百分比 (註3) | | 庫存股份數目 | | | | 於下列日期開始時的結存(註1) | 2025年11月27日 | | 2,879,819,500 | | 0 | | 2,879,819,500 | | 1). 其他 (請註明) | | | | % | | | | | 見B部 | | | | | | | | | 變動日期 | 2025年11月28日 | | | | | | | | 於下列日期 ...

Group 1 - The company, COSCO Shipping Holdings (中远海控), announced a share buyback plan on November 28, 2025, involving an expenditure of HKD 39.7825 million to repurchase 3 million shares at a price range of HKD 13.22 to HKD 13.37 per share [1]

Core Viewpoint - China COSCO Shipping Holdings Co., Ltd. announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1: Share Buyback Details - The company plans to repurchase 3 million shares at a total cost of HKD 39.7825 million [1] - The buyback price per share is set between HKD 13.22 and HKD 13.37 [1]