Jin Rong Jie·2025-12-15 13:57Group 1 - Company conducted a share buyback of 2.95 million shares at an average price of HKD 13.56 per share, totaling approximately HKD 40.02 million, with a cumulative buyback of 326 million shares, representing 11.32% of total share capital [1] - The recent buyback occurred against a backdrop of a nearly 30% decline from the year's high, indicating management's belief that the current valuation deviates from the company's actual value [1] - As of the end of Q3 2023, the company had cash reserves of CNY 247.3 billion, demonstrating sufficient financial strength to execute the buyback, which aims to optimize capital structure and signal confidence in long-term development [1] Group 2 - Company is a core listed platform under China Ocean Shipping Group, with stock codes 01919.HK and 601919.SH, recognized as a leading integrated container shipping service provider globally [2] - As of June 2023, the company operated a fleet of 494 vessels, totaling approximately 2.92 million TEUs, with a network covering over 1,500 ports in more than 160 countries and regions [2] - In 2022, the company achieved record performance with revenue of CNY 391.06 billion and a net profit of CNY 109.59 billion, although 2023 has seen performance pressures due to declining freight rates [2]