COSCO SHIPPING Holdings Announces 2023 Interim -2-

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COSCO SHIPPING Holdings Announces 2023 Interim -2-
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DJ COSCO SHIPPING Holdings Announces 2023 Interim Results EQS Newswire / 29/08/2023 / 22:42 UTC+8 Press Release COSCO SHIPPING Holdings Announced 2023 Interim Results (29 August 2023, Shanghai)

EQS Newswire / 29/08/2023 / 22:42 UTC+8 Press Release

Holdings, and taking into account the sustainable development and shareholder returns, the board of directors recommended the distribution of a cash dividend of RMB0.51 per share to all shareholders for the first half of 2023. It is expected that the total cash dividend payment will amount to RMB8.247 billion , which is approximately 50% of the net profit attributable to shareholders of the Company for the first half of 2023.

Holdings has further strengthened its development in emerging markets, regional markets and third-country markets. While consolidating the shipping service network from China to South Asia, Southeast Asia and South America , it rolled out biweekly routes in Australia and New Zealand and the routes from Northwest Europe / the Mediterranean to the south coast of South America, thereby expanding the coverage of its core container shipping services.

Holdings actively promoted the integration of modern service industry with advanced manufacturing industry and modern agriculture, further extended the entire container supply chain. The Company provided customized and personalized full chain solutions for leaders in emerging industries and strategic cooperative customers.

Port were completed, and all of its berths have access to onshore power supply. The development of electric unmanned trucks, photovoltaic power generation at the port area, the conversion from oil to electricity, and the transformation towards hybrid power went ahead smoothly, whereby further enhancing the Company's green development. At the same time,

Holdings Co., Ltd.

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