Zhitong Financial App News, Cosco Haineng (600026.SH) announcement The company worked with China Ocean Shipping Group Co., Ltd. ("COSCO Shipping"), Cosco Shipping Holdings Co., Ltd. ("COSCO Shipping Holdings"), China Ocean Shipping Co., Ltd. ("Cosco"), Cosco Marine Container Shipping Co., Ltd. ("COSCO Shipping Container Shipping"), COSCO Shipping Development Co., Ltd. ("COSCO Haifa"), Cosco Marine Special Transport Co., Ltd. ("COSCO Haite") and COSCO Maritime Logistics Co., Ltd. ("COSCO Maritime Logistics") jointly signed the Capital increase Agreement with effective conditions. It is agreed that after the equity structure adjustment of COSCO Shipping Group Finance Co., Ltd. ("Finance Company" or "COSCO Maritime Finance") has been approved by the banking regulatory authority and delivered, the company will increase its cash capital by 13.5 billion yuan in the same proportion as the above-mentioned parties, of which the company will increase its capital by RMB 1.473 billion.

After the completion of this capital increase, the registered capital of COSCO Marine Finance increased from 6 billion yuan (including US $25 million) to 19.5 billion yuan (including US $25 million), and the company's equity in the finance company accounted for 10.9145%.