COSCO Haineng announced that it has raised 7.980 billion yuan in capital raised by issuing A-shares to specific targets in 2025. After deducting the issuance fee, the net amount of 7.980 billion yuan will be used to invest in shipbuilding and other projects. Due to the cycle of project construction, the funds raised at this stage have been idle for a short period of time. On December 26, 2025, the board of directors of the company agreed that it intends to use no more than 7 billion yuan of idle fund-raising for cash management. The period is 12 months. Investments in safe and liquid products shall not be used as collateral. The matter complied with the necessary procedures, did not affect the fund-raising project, and the sponsor had no objections.

COSCO Haineng announced that it has raised 7.980 billion yuan in capital raised by issuing A-shares to specific targets in 2025. After deducting the issuance fee, the net amount of 7.980 billion yuan will be used to invest in shipbuilding and other projects. Due to the cycle of project construction, the funds raised at this stage have been idle for a short period of time. On December 26, 2025, the board of directors of the company agreed that it intends to use no more than 7 billion yuan of idle fund-raising for cash management. The period is 12 months. Investments in safe and liquid products shall not be used as collateral. The matter complied with the necessary procedures, did not affect the fund-raising project, and the sponsor had no objections.