Core Viewpoint - The announcement details the establishment of a joint venture between China COSCO Shipping International (00517.HK) and China COSCO Shipping Technology, focusing on the investment and ownership structure changes within the joint venture [1] Group 1: Joint Venture Details - On January 5, 2026, a capital increase agreement was signed among the company, China COSCO Shipping Technology, and the joint venture, China COSCO Shipping Green Intelligent Shipping Service Co., Ltd [1] - The company will transfer 100% of its subsidiary, Yuantong, to the joint venture, while China COSCO Shipping Technology will contribute the SMART SAILING platform and cash [1] Group 2: Ownership Changes - Following the capital increase, the company's ownership in the joint venture will rise from 51% to 80%, while China COSCO Shipping Technology's stake will decrease from 49% to 20% [1] - The joint venture will continue to be a direct non-wholly-owned subsidiary of the company, and Yuantong will become a wholly-owned subsidiary of the joint venture [1] - Despite Yuantong remaining a subsidiary of the company, it will be classified as an indirect non-wholly-owned subsidiary, with its financial performance continuing to be consolidated into the group's results [1]
中远海运国际增持中远海运绿色数智船舶服务股份至80%