On 22 October 2025, COSCO SHIPPING Energy Transportation Co., Ltd. (Stock Code: 1138) completed its A Share issuance to specific target subscribers, issuing a total of 694,444,444 A Shares at RMB11.52 per share. Following the issuance, these new shares account for approximately 12.71% of the company’s total issued share capital.
The gross proceeds from the issuance reached RMB7,999,999,994.88, with net proceeds of RMB7,979,510,279.32 after deducting issuance costs excluding value-added tax. The company’s shareholding structure adjusted accordingly, resulting in a total of 5,465,220,839 shares issued and the public float requirement under the applicable Listing Rules remains satisfied.