(28 August 2026, Shanghai) COSCO SHIPPING Holdings Co., Ltd. (“COSCO SHIPPING Holdings” or “the Company”, SSE: 601919; HKEx: 1919) today announced its 2026 interim results.

In the first half of 2026, despite the overall resilience of global merchandise trade, the global shipping industry faced mounting challenges in operational safety, supply chain stability and cost management driven by geopolitical risks, trade policy uncertainty, supply-demand fluctuations, and elevated fuel prices.

In the face of a complex and ever-changing external environment, COSCO SHIPPING Holdings enhanced market assessment, dynamically optimized global resource allocation, accelerated its digital and green transition through innovation, and steadily enhanced its global service capability and operational quality. The Company sustained its industry-leading financial performance, underscoring its strong resilience.

l  Outstanding operating results: In the first half of 2026, the Company posted operating revenue of RMB 111.92 billion, up by 2.59% year-on-year. It realized an EBIT of RMB 19.63 billion, with the net profit reached RMB 15.70 billion. The net profit attributable to the shareholders of the Company amounted to approximately RMB 13.42 billion. In the second quarter, the net profit attributable to the shareholders of the Company was RMB 7.54 billion, up by 28.33% from the previous quarter.

l  Achieving revenue growth in two core businesses: During the reporting period, the shipping volume handled by the container shipping business segment increased by 7.52% year-on-year to 14.28 million TEUs; this segment generated revenue of RMB 107.30 billion, up by 2.38% year-on-year. Meanwhile, the terminals controlled by the Company handled a total throughput of 16.89 million TEUs, representing an increase of 2.50% year-on-year; this segment generated revenue of RMB 6.33 billion, up by 8.30% year-on-year.

l  Maintaining a sound financial position: During the reporting period, the Company recorded a net cash inflow from operating activities of RMB 23.33 billion. As of 30 June 2026, the Company’s asset-liability ratio further declined to 41.01%.

l  Sustaining a stable dividend distribution policy: Following the payment of final cash dividends of RMB 6.72 billion for 2025 on 26 June, the Board of Directors today announced the payment of 2026 interim cash dividends of RMB 0.43 per share (tax inclusive) to all shareholders, accounting for 49% of the net profit attributable to the shareholders of the Company.

l  Implementing active measures to safeguard shareholders’ rights: On 6 July, the Company announced to launch a new round of share repurchase plan and has actively repurchased its shares since then. As of 14 August, it had spent approximately RMB 10.96 billion (excluding transaction fees) in total to repurchase an aggregate of 305 million A-shares and 643 million H-shares (including the shares repurchased previously under multiple rounds of share repurchase plans). These measures effectively safeguards shareholders’ rights.

Since the beginning of 2026, COSCO SHIPPING Holdings has continued to pursue the integrativedevelopment of “container shipping + port + related logistics” services. While consolidating the foundation of core shipping business, the Company has bolstered its full-chain service capabilities and accelerated the transformation towards digital intelligence and green development. It is committed to building a stable, highly efficient and resilient global supply chain network.

Optimization of global route network to enhance service resilience: COSCO SHIPPING Holdings adheres to a customer-centric approach, continuously optimizes its global shipping network, by strengthening trunk‑feeder connections and regional linkages with key hub ports, such as Chancay, Yangpu, Piraeus and Abu Dhabi, thereby accelerating the development of efficient global land‑sea multimodal logistics corridor network.In this year, the Company rolled out the Chancay Express Service 3 (CHX3) and the Southeast Asia–Indian Subcontinent Service (SIS2) respectively, and further upgraded the direct shipping service from Yangpu to Haiphong and the trunk shipping routes from the Far East to South Africa.These initiatives further boosted its capability to connect Latin America, Southeast Asia and Africa with global market and facilitate international trade. With an aim to provide easily accessible networks for hinterland customers to connect with the world, the China-Europe Land-Sea Express Route was iteratively upgraded by extending it to Iberian Sea-Rail Intermodal Transport Network along with the upgrading of the New Western Land-Sea Corridor Sea-Rail Intermodal Transport Network. Amid the Middle East tensions, the Company leveraged the interconnection between the safe ports along the Gulf of Oman and the maritime hub Abu Dhabi to establish an alternative transportation network comprising “direct trunk routes + bonded land bridges + feeder distribution” services, hence ensuring the stability of logistics in the Middle East. Moreover, the Company teamed up with the members of OCEAN Alliance to jointly launch the DAY 10 product. Leveraging 42 boutique routes, over 500 groups of direct port-to-port services, and comprehensive end-to-end land-sea multimodal services, the Company providedcustomers with stable one-stop shipping solutions and received positive market recognition, thereby reinforcing its market leadership. During the reporting period, the shipping volumes of Trans-Pacific, Asia-Europe, Asia Region and Mainland China routes increased by 9.72%, 12.44%, 5.34% and 9.97% respectively year-on-year.

Steady expansion of fleet scale and proactive adaptation to market changes: In recent years, the shipping industry has been affected by the fragmentation of global trade, continuing disturbance of geopolitical conflicts, structural port congestion and increasingly stringent environmental regulations. Therefore, the market players have had to increase their shipping capacity to ensure the stability of supply chain. In order to seize the initiative in an ever-changing market, COSCO SHIPPING Holdingshas steadily expanded its fleet scale through a combination of vessel leasing and newbuildings.As of the end of July 2026, the Company possessed a self-owned container fleet comprising 606 vessels withatotal capacity of 3.66 million TEUs. Including newbuilding orders and chartered vessel orders (under construction), its controllable capacity exceeds 5.30 million TEUs.The number of new energy-powered vessels (including newbuildings and retrofitted vessels) reached 70 with a total capacity of 1.22 million TEUs,of which, nine vessels had entered service. The Company announced today to place orders for the construction of another twelve new 22,000 TEU LNG dual-fuel containerships and six new 3,200 TEU wide-body containerships. Once these vessels are put into service, the Company’s competitive advantages on traditional trunk routes to Europe and Americas will be further enhanced. Moreover, they will enable the Company to secure long-term and stable shipping capacity for expansion into emerging markets, regional markets and third-country markets,strengthen its ability to withstand supply chain risks, and lay a solid foundation for fleet renewal and upgrading.

Enhanced full-chain service capability to precisely address customers’ needs: COSCO SHIPPING Holdings centered its efforts on the large-scale development of full-chain services. By deepening the development of “full-chain products, full-chain sales, full-chain operations and management, and full-chain customer service”, it vigorously enhanced the layout of domestic and international supply chain resource networks and strengthened its supply chain service capability. In the first half, the Company focused on addressing the needs of key regions and key customers, developing differentiated full-chain products, building full-chain marketing service network, and improving the efficiency of integrated ship-container-cargo services. Its domestic and overseas railway transportation, warehousing and customs clearance businesses maintained brisk growth, with the services provided to key industries such as automobiles, wind power, chemicals and cross-border e-commerce were further bolstered along with continual improvement in the full-chain product system. In order to meet the concentrated shipmentneeds of home appliance manufactures, the Company forged customized, integrative end-to-end logistics solutions for the shipments from China to Europe. These solutions enabled customers to conduct visual management of the entire transportation process across hinterland transport, international ocean freight and last-mile delivery in Europe. Supportedby overseas forward warehouses for home appliances and a new integrated port-shipping-warehousing model, the solution significantly shortened the delivery cycles and sustainability improved delivery stability and customers’ inventory flexibility during the peak seasons. During the reporting period, the Company's digital supply chain business maintained steady growth, with the revenue from container shipping business segment other than ocean shipping amounted to RMB 24.09 billion, up by 11.61% year-on-year.

Acceleration of transformation towards digital intelligence and green development to drive continuous enhancement in service quality: COSCO SHIPPING Holdings has deepened integration of digital intelligence into its production and operation to further improve its operational efficiency and customer service capability. The Company is committed to building a fully integrated digital and green operating system. To promoting all-scenario applications of digital intelligence, the Company has initially established a global end-to-end full-chain digital intelligence service system, with significantly increased adoption among frontline employees and customers. The new multi-modal AI platforms - “Intelligent Supply Chain Manager” and “Bulk Orders” have recently been launched to address customers’ pain points when using the full-chain services. These digital service systems provide one-stop operation, full-process visibility and order-level settlement, which effectively reduce collaboration costs and make supply chain management more efficient. The application of various platforms such as the Supply Chain Control Tower and Cargo Shield (the Intelligent Safety Management System in Transporting Dangerous Goods) enhances the Company’s full-chain management capability and ensures the safety of supply chain. Following the successful release of ISO standards for blockchain-based electronic bills of lading, the Company rolled out the world's first collaboration products for electronic bill of lading process and the first domestic blockchain-based electronic bills of lading for maritime cargo transportation. It has issued and circulated more than 1 million electronic bills of lading, marking a new era in the standardization and large-scale application of electronic bills of lading and significantly improving the efficiency of international trade document circulation. As for green and low-carbon transformation, the Company strived hard to identify customers’ needs and coordinated its advantageous resources across different areas. It has developed a full-chain green product portfolio covering shipping, ports, land transport and warehousing services, striving to create a green service ecosystem for the full-chain transportation.

Looking ahead to the second half of 2026, both opportunities and challenges lie ahead for the container shipping market. On the one hand, global economy and trades are expected to maintain moderate growth, while emerging and regional markets will remain a major growth driver for the global container shipping industry. During the transition period for “the replacement of old growth drivers by the new ones”, emerging technologies such as AI, advanced manufacturing and the energy transition are expected to provide new momentum for trade growth and create new opportunities for the expansion of shipping market. On the other hand, the heightened geopolitical risks, coupled with continual changes in global tariff policies of major economies, are poised to accelerate the reshaping of global trade landscape, which will place higher demands on the service flexibility and supply chain resilience of liner companies. In addition, the optimization and upgrading of industrial chain and supply chain is gaining momentum on accelerated iteration of AI technologies, which will in turn set higher standards for digital delivery and intelligent operation of the shipping industry. Against this backdrop, the container shipping industry is entering a new stage of competition based on comprehensive strengths, which including systematization, full-chain integration, digital intelligence and resilience.

To this end, COSCO SHIPPING Holdings will remain committed to its mission of “building itself into a world-class, intelligent supply chain enterprise through high-quality development with a primary focus on its core container shipping business”. It will adhere to the customer-centric approach, steadfastly pursue the development strategy centered on globalization, large-scale development, full-chain integration, digital intelligence, green development and integrative growth. The Company will actively embrace innovation, advance the deployment of the Forward Deployed Engineering (FDE) teams, and further empower market expansion, customer service enhancement and technological development. It will also coordinate global resources to respond precisely market changes and customer needs. By stepping up the development of a comprehensive intelligent decision-making and operational system for the entire value chain, the Company will continue to forge new core competencies for value creation, strengthen its market leadership in value performance, service quality, market scale and scientific and technological innovation, thereby laying a solid foundation for delivering better services to customers and to continuously creating value for shareholders.