000039SZSE

Announcement on the Completion of the First Batch of H Share Repurchase by China International Marine Containers (Group) Co., Ltd.

✨ AI Summary

China International Marine Containers (Group) Co., Ltd. has completed its first batch of H share repurchases, acquiring 65,777,100 shares for a total expenditure of HKD 498,708,575. This represents 2.1751% of the total issued H shares at the time of authorization. The second batch of repurchases is proceeding as planned, with a budget of up to HKD 300 million.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Announcement on the Completion of the First Batch of H Share Repurchase by China International Marine Containers (Group) Co., Ltd.

The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions. This announcement is voluntarily made by China International Marine Containers (Group) Co., Ltd. (hereinafter referred to as "the Company").

On May 22, 2025, the Company held the 3rd meeting of the 11th Board of Directors for the year 2025, where it reviewed and approved the proposal on the use of general authorization to repurchase part of the H shares, agreeing to a repurchase plan not exceeding HKD 500 million (inclusive) (hereinafter referred to as "H Share Repurchase Plan (First Batch)").

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.