China Shipping Development (601598.SH) has repurchased 1.27% of its shares, spending 475 million yuan.

Zhito Finance APP News, China Merchants (601598.SH) announced that as of October 31, 2025, the company has repurchased a total of 92,564,100 shares of company A shares through the Shanghai Stock Exchange trading system through centralized auction trading, accounting for 1.27% of the company's total share capital as of October 31, 2025. The highest repurchase price was 6.14 yuan/share, the lowest price was 4.67 yuan/share, and the total amount paid was 475 million yuan (excluding transaction costs).