001872SZSE

Announcement on Signing Financial Services Agreement and Related Party Transaction with China Merchants International Finance Co., Ltd.

✨ AI Summary

China Merchants Port Group Co., Ltd. proposes to sign a Financial Services Agreement with China Merchants International Finance Co., Ltd. The agreement covers deposit, credit, settlement, and foreign exchange services, with limits on balances and fees. This transaction is considered a related party transaction and requires shareholder approval. The purpose is to enhance overseas fund management and broaden financing channels.

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Announcement on Signing Financial Services Agreement and Related Party Transaction with China Merchants International Finance Co., Ltd.

Stock Code: 001872/201872 Stock Short Name: China Merchants Port/CM Port B Announcement No.: 2026-021

Announcement on Signing Financial Services Agreement and Related Party Transaction with China Merchants International Finance Co., Ltd.

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.

I. Overview of Related Party Transaction

To strengthen overseas fund management and broaden financing channels, China Merchants Port Group Co., Ltd. (hereinafter referred to as "the Company") intends to sign a "Financial Services Agreement" with China Merchants International Finance Co., Ltd. (hereinafter referred to as "CM International Finance"). According to the "Financial Services Agreement," CM International Finance will provide the Company with deposit, credit, settlement, foreign exchange, and other financial services. The agreement stipulates that the daily closing balance of deposits of the Company and its subsidiaries in CM International Finance shall not exceed RMB 1.1 billion equivalent, and the daily maximum outstanding loan balance granted by CM International Finance to the Company and its subsidiaries shall not exceed RMB 1.6 billion equivalent. The annual fee cap for settlement, foreign exchange, and other financial services shall be RMB 0.1 billion equivalent. The agreement term is three years.

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