Sinotrans Limited announced that its controlling shareholder Sinotrans Changhang Group Co., Ltd. (Sinotrans Changhang) and its concerted actors will cumulatively increase their shareholding in the company by 2.05% from May 2020 to December 30, 2024. Among them, Sinotrans Changhang increased its shareholding by 53.123631 million A-shares from November 8 to December 30, 2024, accounting for approximately 0.73% of the company's total share capital, with an increase amount of 0.28 billion yuan. This increase plan has not yet been completed, and Sinotrans Changhang will continue to increase its A-shareholding, with a total amount not less than 0.25 billion yuan but not exceeding 0.5 billion yuan, with a price ceiling of 7.43 yuan/share. After the increase is completed, Sinotrans Changhang will directly hold 34.62% of the company's shares; Sinotrans Changhang and...Show More

Sinotrans Limited announced that its controlling shareholder Sinotrans Changhang Group Co., Ltd. (Sinotrans Changhang) and its concerted actors will cumulatively increase their shareholding in the company by 2.05% from May 2020 to December 30, 2024. Among them, Sinotrans Changhang increased its shareholding by 53.123631 million A-shares from November 8 to December 30, 2024, accounting for approximately 0.73% of the company's total share capital, with an increase amount of 0.28 billion yuan. This increase plan has not yet been completed, and Sinotrans Changhang will continue to increase its A-shareholding, with a total amount not less than 0.25 billion yuan but not exceeding 0.5 billion yuan, with a price ceiling of 7.43 yuan/share. After the increase is completed, Sinotrans Changhang will directly hold 34.62% of the company's shares; Sinotrans Changhang and its concerted actors will collectively hold 59.20% of the company's shares, including 4.126 billion A-shares and 19.2 million H-shares. The company stated that this change in equity complies with relevant laws and regulations and will not affect its listing status. However, the increase plan may not achieve the expected results due to changes in the Capital Markets or other risk factors. The company will timely fulfill its information disclosure obligations in accordance with relevant regulations.