Shanghai Port Holdings' shareholder pledges 5 million shares extended until September 5, 2026.

Shanghai Port Authority announced that its controlling shareholder, Shanghai Long Bay, holds 168 million shares of the company, accounting for 68.69% of the total share capital. On September 5, 2024, Shanghai Long Bay pledged 5 million shares, with the extension date set to September 5, 2026. The pledgee is CITIC Securities, holding 2.98% of Shanghai Long Bay's shares and 2.04% of the company's total share capital, with the funds used for its own operations. As of the disclosure date of this announcement, Shanghai Long Bay and its concerted actor Xu Wang have cumulatively pledged 5 million shares, accounting for 2.97% of the shares held and 2.04% of the company's total share capital. The controlling shareholder has good credit standing, and the pledge risk is controllable, which will not affect the company's controlling rights and core business.