On April 9, COSCO SHIPPING Development (601866.SH/02866.HK) released its Q1 2025 earnings forecast. Based on preliminary calculations, the Company is expected to achieve a net profit attributable to owners of the parent company of approximately RMB 480 million in Q1, representing a year-on-year increase of approximately 7.38% and a quarter-on-quarter increase of approximately 57.38% compared to Q4 2024. The net profit attributable to owners of the parent company excluding non-recurring gains and losses is expected to be approximately RMB 466 million, a year-on-year increase of approximately 102.61% and a quarter-on-quarter increase of approximately 74.53% compared to Q4 2024.

Since 2025, global trade has shown complex and volatile trends, with container demand maintaining moderate growth compared to the same period last year. The Company has taken proactive measures to adapt to changes, identifying new opportunities in the new landscape, continuously enhancing its professional capabilities in industry-finance services, strengthening forward-looking strategic layouts, fully unleashing the unique advantages of leasing-manufacturing synergy, and deeply stimulating the efficiency improvement through industrial chain linkage. The Company has focused on technology-driven development, researching and developing high-value-added products, leading the intelligent and low-carbon development of container manufacturing, and comprehensively enhancing its industry-finance competitiveness and brand influence. In Q1, the Company's container leasing scale reached a new level, its ship leasing business expanded effectively, and it steadily promoted the dual improvement of quality and efficiency, achieving a strong start to operational efficiency in 2025.

Meanwhile, the Company has always been committed to creating value for shareholders, exploring and practicing shareholder returns, and fully advancing the repurchase of A-shares and H-shares. It successfully completed the previous round of A-share and H-share repurchase plans on April 8 and continued to make efforts by announcing a new repurchase plan, demonstrating its commitment to safeguarding the Company's value and shareholders' rights and interests through practical actions and enhancing investors' confidence in the Company.

Facing the further restructuring of the global economic and trade landscape, COSCO SHIPPING Development will base itself on the strategic positioning of industry-finance integration, further build certainty for its high-quality development, cultivate and develop new quality productivity, and leverage its industry-finance synergy, digital-intelligent innovation momentum, and green-low-carbon potential to drive value realization. On the basis of accumulating long-term and stable growth momentum, it will create greater value for shareholders.