According to the China Merchants Shekou announcement, Shenzhen China Merchants, a wholly-owned subsidiary of the company, was publicly delisted through the Beijing Stock Exchange and obtained 50% of the shares of Shenzhen Zhaohua International Convention and Exhibition Operation Co., Ltd. held by Shenzhen OCT. The transaction price was 507 million yuan, which was paid in cash. The transaction has been reviewed and approved by the company's board of directors. It does not constitute a major asset restructuring. There is no need to submit it to the shareholders' meeting for review, and it still needs to be approved by the management unit of the owner of the convention and exhibition center project. After the transaction is completed, the exhibition operation will become a wholly-owned subsidiary of the company. It is expected to increase net profit to the mother by about 500 million yuan in 2026. The final data is based on the audited financial report.

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