China Merchants Shekou announced that the company previously relinquished the preferential purchase rights for 50% of the shares in the joint venture company Zhaohua Investment, and Shenzhen OCT, a wholly-owned subsidiary of OCT, publicly traded the shares. Recently, the company learned that Wan Muchun, a wholly-owned subsidiary of the related party China Merchants Group, has been successfully delisted at a delisting price of RMB 2,493 billion. After the transaction was completed, the company and Wan Muchun each held 50% of Zhaohua Investment's shares, passively forming a joint investment between the company and related parties, forming a related transaction; Zhaohua Investment continued to use equity method accounting as a joint venture, which did not affect the scope of the company's consolidated statements.

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