China Merchants Energy Shipping: Plans to Acquire Control of Antong Holdings

The announcement from China Merchants Industry Holdings states that its wholly-owned subsidiary, Sinotrans Limited, has cumulatively increased its stake in Antong Holdings by 14.94% since July 11, 2025, holding a total of 24.84% in conjunction with its acting-in-concert parties. Sinotrans Limited has proposed to reorganize the board of directors of Antong Holdings and to hold an early election. If the relevant proposals are approved at the shareholders' meeting, the controlling shareholder of Antong Holdings will change to Sinotrans Limited, and the actual controller will change to China Merchants Group.