China Foreign Trade Container Transportation Co., Ltd. entered into share transfer agreement to acquire 5.14% stake in Antong Holdings Co., Ltd. (SHSE:600179) from China Merchants Port Group Co., Ltd. (SZSE:001872) and Guosen Securities Co., Ltd. (SZSE:002736) for approximately CNY 570 million on July 11, 2025. A cash consideration of CNY 571.2 million valued at CNY 3.2 per share will be paid by China Foreign Trade Container Transportation Co., Ltd. As part of consideration, CNY 571.2 million is paid towards common equity of Antong Holdings Co., Ltd. As of August 25, 2025, block trades of 33,333,334 shares of Antong Holdings (accounting for 0.79% of Antong Holdings' total share capital) held by China Orient Asset Management by China Foreign Trade Container have been completed; however, the "Share Transfer Agreement" with Sinochem Asset Management still needs to obtain approval from the state-owned asset supervision and administration department, and there is uncertainty regarding whether such approval can be obtained. The aforementioned negotiated transfers between China Foreign Trade Container and Sinochem Asset Management, as well as those between China Foreign Trade Container and China Merchants Port and Guoxin Stock Treasure No.
33, are still pending compliance confirmation from the Shanghai Stock Exchange and the completion of share transfer registration procedures, and their completion remains uncertain.
