Sinotrans Shipping: Has repurchased 88.2545 million shares, using a total fund amount of 448 million yuan.

China Merchants Shipping announced on the evening of August 4 that it has approved a proposal to repurchase company A shares through centralized bidding. The company will use its own funds or self-raised funds to repurchase A shares through centralized bidding, with a total repurchase amount not less than 271 million yuan and not more than 542 million yuan. As of July 31, the company has repurchased a total of 88.2545 million shares, accounting for 1.21% of the total share capital, with a total expenditure of 448 million yuan.