On August 29, 2024, Orient Overseas International Limited announced that its wholly-owned subsidiary (Buyer) had signed an equity transfer agreement with COSCO Shipping Port (Seller) to acquire 20% equity of COSCO Shipping Port (Tianjin) Co., Ltd. and the corresponding sales loan. The total transaction consideration is USD 49,289,000.13, approximately HKD 384.45 million. This acquisition will indirectly enable Orient Overseas International to hold 9% equity of Tianjin Container Terminal through the target company. COSCO Shipping Port is a subsidiary of COSCO Shipping Holdings, which indirectly controls over 50% of the shares of Orient Overseas International, making this transaction a related party transaction. After the completion of the acquisition, the target company will be held 20% by the Buyer and 80% by COSCO Shipping Port. This transaction will help Orient Overseas International consolidate its leading position in the Greater China region and promote the development of its shipping network resources. The completion of the acquisition is subject to certain conditions and is not guaranteed.

On August 29, 2024, Orient Overseas International Limited announced that its wholly-owned subsidiary (Buyer) had signed an equity transfer agreement with COSCO Shipping Port (Seller) to acquire 20% equity of COSCO Shipping Port (Tianjin) Co., Ltd. and the corresponding sales loan. The total transaction consideration is USD 49,289,000.13, approximately HKD 384.45 million. This acquisition will indirectly enable Orient Overseas International to hold 9% equity of Tianjin Container Terminal through the target company. COSCO Shipping Port is a subsidiary of COSCO Shipping Holdings, which indirectly controls over 50% of the shares of Orient Overseas International, making this transaction a related party transaction. After the completion of the acquisition, the target company will be held 20% by the Buyer and 80% by COSCO Shipping Port. This transaction will help Orient Overseas International consolidate its leading position in the Greater China region and promote the development of its shipping network resources. The completion of the acquisition is subject to certain conditions and is not guaranteed.