中远海发拟回购A股股份和H股股份

Core Viewpoint - China COSCO Shipping Development Co., Ltd. (中远海发) announced a share repurchase plan for both A-shares and H-shares, aiming to enhance shareholder value and reduce registered capital [1] Group 1: A-share Repurchase Plan - The board approved a plan to repurchase A-shares under a general authorization framework, with a total repurchase amount ranging from 40 million to 80 million A-shares, representing approximately 0.3031% to 0.6062% of the total share capital as of August 29, 2025 [1] - The maximum repurchase price for A-shares is set at RMB 3.81 per share, with an estimated total fund requirement of RMB 152 million to RMB 305 million for the repurchase [1] - The specific number of A-shares to be repurchased, the proportion of total share capital, and the total amount will be determined based on subsequent implementation [1] Group 2: H-share Repurchase Arrangement - In addition to the A-share repurchase, the company plans to implement a repurchase arrangement for H-shares under the general authorization framework, in compliance with Hong Kong listing rules and applicable laws [1] - The H-share repurchase arrangement does not require approval from the company's shareholders' meeting [1]