Rizhao Port JR (06117) acquired 44 million H shares held by its controlling shareholder, Rizhao Port Co., Ltd.

RIZHAO PORT JR (06117) announces that the Board of Directors has been informed by the company's controlling shareholder, Rizhao Port Co., Ltd., of their purchase of 44 million H shares of the company through bulk trading on the open market at an average price of approximately HK $0.798 per share on the date of this announcement, demonstrating confidence in the company's future development. The total consideration for this transaction is approximately HK $35.11 million. Following this increase in shareholding, Rizhao Port Co., Ltd. now holds a total of 884 million shares of the company on the date of this announcement, representing approximately 53.25% of the total issued share capital. Of these, Rizhao Port Co., Ltd. holds 840 million domestic shares, representing approximately 50.60% of the total issued share capital, and 44 million H shares, representing approximately 2.65% of the total issued share capital.