Core Viewpoint - The company has announced the order of six 3,000 TEU container ships at a total cost of RMB 1.98 billion, which is part of its strategy to enhance fleet capacity and maintain competitive advantage in the shipping industry [2][3][16]. Group 1: Transaction Overview - On January 13, 2026, the company's wholly-owned subsidiary signed contracts to build six 3,000 TEU container ships at a price of RMB 330 million each, totaling RMB 1.98 billion [2][3]. - The transaction is classified as a related party transaction and has been approved by the company's board of directors without the need for shareholder approval [2][5][19]. Group 2: Purpose and Impact - The transaction aims to enhance the company's fleet capacity, support long-term balanced development, and strengthen its position in the industry, aligning with its global development strategy in container shipping [16][17]. - The new ships are expected to be deployed in international regional routes, providing stable capacity and reducing operational costs, thereby improving customer service capabilities [16][17]. Group 3: Compliance and Approval Process - The transaction has been reviewed and approved by the company's board of directors, with related directors abstaining from voting [18][44]. - The company has confirmed that the transaction does not require submission for shareholder approval [19]. Group 4: Financial and Operational Details - The total contract price for the six ships is RMB 1.98 billion, with payments structured in five installments based on construction progress [10][12]. - The delivery of the ships is scheduled between June and December 2028, subject to the terms of the contracts [12][16]. Group 5: Related Party Information - The shipbuilding contracts are with Zhoushan Zhongyuan Shipping Heavy Industry Co., which is a wholly-owned subsidiary of the company's indirect controlling shareholder [5][7]. - The company maintains independence in operations, assets, and personnel from the shipbuilding entity [7].

Core Viewpoint - China COSCO Shipping Holdings (中远海控) has announced a contract for the construction of six 3,000 TEU container ships, indicating a strategic move to expand its fleet capacity and enhance operational capabilities [1] Group 1: Contract Details - The contract was signed between the buyer, a non-wholly owned subsidiary of the company, and the builder, Zhoushan Shipbuilding Industry [1] - Each vessel is priced at RMB 330 million, equivalent to approximately HKD 370 million [1] - The total cost for all six vessels amounts to RMB 1.98 billion, or about HKD 2.2 billion [1]

Core Viewpoint - COSCO Shipping Holdings Co., Ltd. has announced the order of twelve 18,000 TEU container ships to enhance fleet capacity and strengthen its industry position [1] Group 1: Shipbuilding Announcement - The order for the twelve 18,000 TEU container ships is placed by a subsidiary of COSCO Shipping Holdings with Jiangnan Shipyard (Group) Co., Ltd. and China Shipbuilding Industry Corporation [1] - The expected delivery time for these ships is between 2028 and 2029, and they will be deployed on major east-west trade routes to enhance the company's core competitiveness in the traditional trunk market [1] Group 2: Environmental Initiatives - The new ships will be equipped with green fuel technology (LNG dual-fuel engines), aligning with global customer initiatives for green and low-carbon shipping [1] - This initiative is part of COSCO Shipping's efforts to explore diversified new energy paths and deepen the application of green fuel and related technologies [1] Group 3: Fleet Optimization - The new vessels will gradually replace older ships, helping to optimize the company's fleet structure [1] - The average container capacity per ship will increase, effectively reducing the cost per container and enhancing economies of scale [1] Group 4: Future Strategy - COSCO Shipping will adopt a phased, diversified, and regionally differentiated strategy to advance the construction of a green fleet, contributing to the sustainable development of the shipping industry [2]

Group 1 - Company announced on January 13 that its wholly-owned subsidiary, COSCO Asset, signed six shipbuilding agreements with Zhoushan Shipyard to order six 3,000 TEU container ships at a contract price of RMB 330 million per ship, totaling RMB 1.98 billion for the transaction [1] - On the same day, the company announced that its wholly-owned subsidiary, COSCO Asset, signed twelve shipbuilding agreements with Jiangnan Shipyard and China Shipbuilding Trading to order twelve 18,000 TEU LNG dual-fuel container ships at a contract price of RMB 1.399 billion per ship, totaling RMB 16.788 billion for this transaction [1]

Core Viewpoint - The company has signed contracts for the construction of six 3,000 TEU container ships with Zhoushan Shipbuilding, totaling a contract value of RMB 1.98 billion [1] Group 1: Transaction Details - The contracts involve the construction of six vessels at a price of RMB 330 million each [1] - The total transaction value amounts to RMB 1.98 billion [1] - This transaction is classified as a related party transaction and has been approved by the company's board of directors without the need for shareholder approval [1] Group 2: Regulatory Compliance - The transaction does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" [1]