COSCO SHIPPING Development (02866) repurchased 1,175,200 shares for the first time through centralized competitive trading.

COSCO SHIPPING Development (02866) announced that on November 14, 2024, the company repurchased 1.1752 million shares through centralized auction trading for the first time, accounting for 0.0087% of the current total share capital of the company (13.576 billion shares). The lowest purchase price was 2.66 yuan per share, the highest price was 2.69 yuan per share, and the total amount paid was 3.1444 million yuan (excluding transaction fees). This repurchase is in compliance with relevant laws and regulations, normative documents, and the requirements of the company's share repurchase plan.