China Merchants Energy Shipping (601872.SH): plans to acquire control of Antong Holdings.

China Merchants Energy Shipping (601872.SH) announced that its wholly-owned subsidiary China Ocean Shipping (Group) Company Container Transportation Ltd. (referred to as COSCO) has cumulatively increased its shareholding in Antong Holdings Co., Ltd. (referred to as Antong Holdings) by 632 million shares since July 11, 2025, accounting for 14.94% of its total share capital. This makes Antong Holdings the largest single shareholder, with COSCO and its concerted parties, which are also controlled by China Merchants Group Co., Ltd. (referred to as China Merchants Group), holding a combined total of 24.84% of the shares in Antong Holdings. To expedite the control, management leadership, and capacity synergy of Antong Holdings, and to implement the established investment goals, the companys subsidiary COSCO recently submitted a written proposal to the board of directors of Antong Holdings to amend the companys articles of association and reorganize the board of directors. If the relevant proposals are approved by the shareholders meeting of Antong Holdings, the controlling shareholder of Antong Holdings will change from Fujian Province Zhuhai Logistics Management Partnership (Limited Partnership) to COSCO, and the actual controller of Antong Holdings will change from having no actual controller to China Merchants Group.