Core Viewpoint - China Cosco Shipping Holdings Co., Ltd. (referred to as "the company") has announced a share repurchase plan, authorized by its shareholders, to buy back up to 10% of its issued A-shares and H-shares using self-raised funds [2][3]. Group 1: Share Repurchase Authorization - The company received approval at its annual general meeting on May 29, 2024, for a general authorization to repurchase A-shares and H-shares [2]. - The board of directors is authorized to repurchase up to 10% of the total issued A-shares and H-shares as of the date of the shareholder meeting [2]. Group 2: Debt Notification to Creditors - Creditors have the right to claim their debts or request guarantees within 30 days of receiving the notice, or within 45 days from the announcement date if no notice is received [4]. - The company will continue to fulfill its debt obligations as per the debt documents, regardless of the share repurchase [4]. Group 3: Debt Claim Submission Requirements - Creditors must provide documentation proving the existence of the debt relationship, including contracts and agreements [5]. - For corporate creditors, additional documents such as a business license and identification of the legal representative are required [5]. Group 4: Debt Claim Submission Process - Creditors can submit claims either in person or by mail from April 10, 2025, to May 24, 2025 [6]. - The submission address is specified, and in-person claims can be made during designated hours [7]. Group 5: Share Repurchase Progress - On April 9, 2025, the company repurchased 2,657,600 A-shares, representing 0.0168% of the total share capital, at a price range of 13.06 to 13.44 RMB per share, totaling approximately 35.23 million RMB [12]. - The repurchase is part of a broader strategy to manage capital and enhance shareholder value [11][13].
中远海运控股股份有限公司关于回购股份通知债权人的公告