CO., LTD. (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 2039)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

中國國際海運集裝箱（集團）股份有限公司 CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) CO., LTD. (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2039)

INSIDE INFORMATION INDICATIVE ANNOUNCEMENT IN RELATION TO SHAREHOLDERS’ SIGNING OF THE SHARE TRANSFER AGREEMENTS AND PROPOSED CHANGE OF THE COMPANY’S LARGEST SHAREHOLDER

This announcement is made by China International Marine Containers (Group) Co., Ltd. (the “Company”, together with its subsidiaries, the “Group”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

SPECIAL NOTES:

1. According to the Securities Law of the People’s Republic of China, the Administrative Measures for the Acquisition of Listed Companies and other relevant regulations, the Share Transfer does not involve tender offer. After the completion of the Share Transfer, the voting rights of Shenzhen Capital Operation Group Co., Ltd. (“Shenzhen Capital Group”) and its subsidiary, Shenzhen Capital (Hong Kong) Container Investment Co., Ltd. (“Shenzhen Capital (Hong Kong)”) in the Company will account for 29.74% of the Company’s total share capital, and Shenzhen Capital Group will become the Company’s largest shareholder. The Company still has no controlling shareholder and de facto controller after the completion of the Share Transfer.

2. There are conditions for validity of the agreement and preconditions for delivery in relation to the Share Transfer, and there is a risk that the conditions for validity are not met, resulting in the invalidity of the agreement or the preconditions are not met, resulting in the failure of delivery of the Share Transfer.

1 3. The Share Transfer is subject to fulfill the approval, registration or exemption procedures obtained from the National Development and Reform Commission, the competent commercial department and the Shenzhen Branch of the State Administration of Foreign Exchange or its authorized institutions in relation to the approval of relevant resolutions by the general meeting of COSCO SHIPPING Development Co., Ltd. (“COSCO SHIPPING”), the approval of the Share Transfer by the State Council and the State-owned Assets Supervision and Administration Commission of Shenzhen Municipal People’s Government, the overseas investment and the exit of funds related to the transfer of H shares and payment of consideration of Shenzhen Capital (Hong Kong). There still exist some uncertainties, and investors are advised to pay attention to the relevant risks.

BACKGROUND FOR TRANSACTIONS:

On 25 August 2020, COSCO Container Industries Limited (“COSCO Industries”) and Long Honour Investments Limited (“Long Honour”), both being wholly-owned subsidiaries of COSCO SHIPPING, together with Broad Ride Limited and Promotor Holdings Limited, as the four shareholders, entered into the Letter of Intent on Transfer of Shares of China International Marine Containers (Group) Co., Ltd. with Shenzhen Capital Group, pursuant to which the four shareholders agreed to transfer part or all of their respective shares held in the Company to Shenzhen Capital Group and its designated wholly- owned subsidiary. For details, please refer to the relevant announcement published by the Company on the website of cninfo (www.cninfo.com.cn) and the website of the Company (www.cimc.com) (Announcement No.: CIMC2020–066) and the announcement published on the HKExnews website of the Hong Kong Stock Exchange (www.hkexnews.hk) on 25 August 2020.

I. THE SHARE TRANSFER

1. The Share Transfer I

On 12 October 2020, COSCO Industries and Long Honour, together with Shenzhen Capital Group, Shenzhen Capital (Hong Kong) and COSCO SHIPPING signed the Share Transfer Agreement between COSCO Container Industries Limited, Long Honour Investments Limited together with Shenzhen Capital Operation Group Co., Ltd., Shenzhen Capital (Hong Kong) Container Investment Co., Ltd. and COSCO SHIPPING Development Co., Ltd. concerning China International Marine Containers (Group) Co., Ltd. (the “Share Transfer Agreement I”).

According to the Share Transfer Agreement I, COSCO Industries and Long Honour propose to dispose some of the shares of the Company held by them, totaling 645,010,617 shares, representing approximately 17.94% of the total share capital of the Company, to Shenzhen Capital Group and Shenzhen Capital (Hong Kong). The price of the target shares is RMB9.83 per share. Among them, COSCO Industries disposes of 350,000,000 A shares of the Company to Shenzhen Capital Group at a transaction price of RMB3,440,500,000.00; COSCO Industries disposes of 264,624,090 H shares of the Company to Shenzhen Capital (Hong Kong) at a transaction price of RMB2,601,254,804.70; Long Honour disposes of 30,386,527 H shares of the Company to Shenzhen Capital (Hong Kong) at a transaction price of RMB298,699,560.41; The total transaction price is RMB6,340,454,365.11 (the “Share Transfer I”).

2 2. The Share Transfer II

On 12 October 2020, Broad Ride Limited, Promoter Holdings Limited, together with Shenzhen Capital (Hong Kong) and Shenzhen Capital Group signed the Share Transfer Agreement between Broad Ride Limited, Promoter Holdings Limited together with Shenzhen Capital (Hong Kong) Container Investment Co., Ltd. and Shenzhen Capital Operation Group Co., Ltd. concerning China International Marine Containers (Group) Co., Ltd. (the “Share Transfer Agreement II”).

According to the Share Transfer Agreement II, Broad Ride Limited and Promoter Holdings Limited intend to sell all H shares of the Company held by them, totaling 424,078,915 shares (approximately 11.80% of the total share capital of the Company) to Shenzhen Capital (Hong Kong). The price of the target shares is RMB9.83 per share. Among them, Broad Ride Limited sells 258,244,615 H shares of the Company to Shenzhen Capital (Hong Kong) at a transaction price of RMB2,538,544,565.45; Promoter Holdings Limited sells 165,834,300 H shares of the Company to Shenzhen Capital (Hong Kong) at a transaction price of RMB1,630,151,169.00; the total transaction price is RMB4,168,695,734.45 (the “Share Transfer II”).

The Share Transfer I and the Share Transfer II are collectively referred to as the “Share Transfer” (the “Share Transfer”). The Share Transfer II is the further acquisition on the Group on the premise of the completion of the Share Transfer I.

3. Shareholdings by the Parties before and after the Share Transfer

As of the signing date of the Share Transfer Agreement I and the Share Transfer Agreement II (the “Agreement Signing Date”), the Company has 3,595,013,590 issued shares in total, of which 1,535,121,660 shares are issued A shares in RMB, and 2,059,891,930 shares are issued overseas listed H shares.

Unit: share

Before the Share Transfer After the Share Transfer Percentage of Percentage of Shareholder A shares H shares shareholding A shares H shares shareholding

COSCO Industries 518,606,212 264,624,090 21.79% 168,606,212 0 4.69%

Long Honour 0 30,386,527 0.85% 0 0 0.00%

Broad Ride 0 258,244,615 7.18% 0 0 0.00%

Promotor 0 165,834,300 4.61% 0 0 0.00%

Total Transferors 518,606,212 719,089,532 34.43% 168,606,212 0 4.69%

Shenzhen Capital Group 0 0 0.00% 350,000,000 0 9.74%

Shenzhen Capital (Hong Kong) 0 0 0.00% 0 719,089,532 20.00%

Total Transferees 0 0 0.00% 350,000,000 719,089,532 29.74%

3 II. BASIC INFORMATION ABOUT THE TRANSFEREES TO THE SHARE TRANSFER

1. Shenzhen Capital Group (the Transferee to the Share Transfer I)

Name of company: Shenzhen Capital Operation Group Co., Ltd.

Type of company: Limited liability company (wholly state-owned)

Date of establishment: 22 June 2007

Legal representative: Hu Guobin

Unified social credit code: 91440300664187170P

Registered address: C1, 16/F, Investment Building, No. 4009 Shennan Avenue, Futian District, Shenzhen

Registered capital: RMB14.62 billion

Principal businesses: Investment in and establishment of various industries (specific items shall be applied for separately); investment business; investment management; asset management.

Shareholding structure: Shenzhen Capital Operation Group Co., Ltd. is wholly owned by the State-owned Assets Supervision and Administration Commission of the Shenzhen Municipal People’s Government.

2. Shenzhen Capital (Hong Kong) (the Transferee to the Share Transfer I and the Share Transfer II)

Name of company: Shenzhen Capital (Hong Kong) Container Investment Co., Ltd.

Type of company: Private limited company by shares

Date of establishment: 22 September 2020

Designated representative: Shi Lan

Company No.: 2979432

Registered address: Room 1402, West Tower, Shun Tak Centre, 168–200 Connaught Road Central, Sheung Wan, Hong Kong

4 Registered capital: HK$50,000

Principal businesses: Mainly engaged in equity investment.

Shareholding structure: Shenzhen Capital (Hong Kong) is an indirect wholly-owned subsidiary of Shenzhen Capital Group, and Shenzhen Capital Group is a wholly-owned subsidiary of the State-owned Assets Supervision and Administration Commission of the Shenzhen Municipal People’s Government.

III. EFFECTS OF THE SHARE TRANSFER TO THE GROUP

After the Share Transfer:

1. COSCO Industries still holds 168,606,212 A shares of the Company (representing 4.69% of the total share capital of the Company as of the Agreement Signing Date), and Long Honour, Broad Ride Limited and Promotor Holdings Limited will no longer hold shares in the Company;

2. Shenzhen Capital Group and its subsidiary, Shenzhen Capital (Hong Kong) (as the Transferees) hold 350,000,000 A shares and 719,089,532 H shares of the Company respectively, which together account for 29.74% of the total share capital of the Company as of the Agreement Signing Date, and will become the Company’s largest shareholder;

3. 880,429,220 H shares of the Company held by China Merchants (CIMC) Investment Limited (representing 24.49% of the total share capital of the Company as of the Agreement Signing Date) remain unchanged, and it will become the second largest shareholder of the Company; and

4. The Company still has no controlling shareholder and de facto controller after the completion of the Share Transfer.

If the Share Transfer can be successfully completed, it will help to introduce more strategic resources for the Group and promote the operation and development of the Group.

5 IV. OTHER RELATED STATEMENTS

1. As of the Agreement Signing Date, the H shares of the Company held by Broad Ride Limited and Promotor Holdings Limited are pledged, including 258,244,615 H shares held by Broad Ride Limited and 165,834,300 H shares held by Promotor Holdings Limited. As confirmed by Broad Ride Limited and Promotor Holdings Limited, the above-mentioned share pledge can be released before the Share Transfer, and will not affect the transaction and share delivery. Other than that, the transfer of other subject shares is not restricted.

2. The Share Transfer made by COSCO Industries, Long Honour, Broad Ride Limited and Promotor Holdings Limited did not violate the provisions of the Company Law of the People’s Republic of China, the Securities Law of the People’s Republic of China, the Administrative Measures for the Acquisition of Listed Companies, the Listing Rules of the Shenzhen Stock Exchange, the Guidelines for the Standard Operation of Listed Companies on the Main Board of the Shenzhen Stock Exchange, the Implementation Rules for Shareholding Reduction of Shareholders, Directors, Supervisors and Senior Management of Listed Companies on the Shenzhen Stock Exchange, the Measures for Supervision and Administration of State-owned Equity of Listed Companies and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited as well as other relevant laws and regulations and the Company’s articles of association, there is also no violation of shareholders’ relevant commitments.

3. There are conditions for validity of the agreement and preconditions for delivery in relation to the Share Transfer, and there is a risk that the conditions for validity are not met, resulting in the invalidity of the agreement or the preconditions are not met, resulting in the failure of delivery of the Share Transfer.

4. The Share Transfer is subject to fulfill the approval, registration or exemption procedures obtained from the National Development and Reform Commission, the competent commercial department and the Shenzhen Branch of the State Administration of Foreign Exchange or its authorized institutions in relation to the approval of relevant resolutions by the general meeting of COSCO SHIPPING, the approval of the Share Transfer by the State Council and the State-owned Assets Supervision and Administration Commission of Shenzhen Municipal People’s Government, the overseas investment and the exit of funds related to the transfer of H shares and payment of consideration of Shenzhen Capital (Hong Kong). There still exist some uncertainties, and investors are advised to pay attention to the relevant risks.

6 This announcement is available for reviewing on the website of the Company (http://www.cimc.com) and the HKExnews website of the Hong Kong Stock Exchange (http://www.hkexnews.hk).

By order of the Board China International Marine Containers (Group) Co., Ltd. YU Yuqun Company Secretary

Hong Kong, 12 October 2020

As at the date of this announcement, the Board of the Company comprises Mr. MAI Boliang (Chairman) as an executive director, Mr. HU Xianfu (Vice-chairman), Mr. LIU Chong (Vice-chairman), Mr. DENG Weidong and Mr. MING Dong as non-executive directors; Mr. GAO Xiang as an executive director; and Mr. HE Jiale, Mr. PAN Zhengqi and Ms. LUI FUNG Mei Yee, Mabel as independent non-executive directors.