[COSCO Shipping Holdings: Wholly-owned subsidiary orders 18 container ships Total price is approximately 20.274 billion yuan] On August 28, COSCO Shipping Holdings (601919.SH) announced that the company’s wholly-owned subsidiary COSCO Asset Management signed a shipbuilding agreement with Waigaoqiao Shipbuilding, with a price of US$224 million (approximately 1.52 billion US dollars) per ship. Ordered twelve 22,000TEU LNG dual-fuel powered container ships at a price of 339.8 million yuan); signed a shipbuilding agreement with Huangpu Wenchong to order six new 3,200TEU wide-body container ships at a price of 339.8 million yuan each. The total transaction price of the above-mentioned customized ships is equivalent to RMB 20.274 billion. This transaction does not constitute a related transaction or a major asset reorganization.