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COSCO announced that the “Concerted Actors Agreement” and supplementary agreement signed by the company's shareholders Ji Xuelong, Zhang Xuejun and Shenzhen Nuclear Industrial will expire on December 7, 2026. Ji Xuelong and Zhang Xuejun have decided not to renew them after the expiration date, and the three-party concerted action relationship will expire and end. Ji Xuelong and Zhang Xuejun signed a new “Coordinated Actors Agreement”, which took effect on December 8, 2026. The two continued to maintain a consistent operational relationship with COSCO Communications Development, Zhongxian Chengye, and Zhongcai Chengye, holding a total of 118 million shares of the company, accounting for 41.92% of the total share capital. The controlling shareholder of the company will be changed from COSCO Communications Development and Shenzhen Nuclear Industrial to COSCO Development, and the actual controllers will be changed from Ji Xuelong, Zhang Xuejun, and China General Nuclear Power Group to Ji Xuelong and Zhang Xuejun. This change does not involve a reduction in share holdings, nor does it touch on an offer to buy.
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COSCO announced that the “Concerted Actors Agreement” and supplementary agreement signed by the company's shareholders Ji Xuelong, Zhang Xuejun and Shenzhen Nuclear Industrial will expire on December 7, 2026. Ji Xuelong and Zhang Xuejun have decided not to renew them after the expiration date, and the three-party concerted action relationship will expire and end. Ji Xuelong and Zhang Xuejun signed a new “Coordinated Actors Agreement”, which took effect on December 8, 2026. The two continued to maintain a consistent operational relationship with COSCO Communications Development, Zhongxian Chengye, and Zhongcai Chengye, holding a total of 118 million shares of the company, accounting for 41.92% of the total share capital. The controlling shareholder of the company will be changed from COSCO Communications Development and Shenzhen Nuclear Industrial to COSCO Development, and the actual controllers will be changed from Ji Xuelong, Zhang Xuejun, and China General Nuclear Power Group to Ji Xuelong and Zhang Xuejun. This change does not involve a reduction in share holdings, nor does it touch on an offer to buy.
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