Liaoning Port Co., Ltd. (the “Company”) disclosed that, as of 8 October 2026, H-shares held by the public represent approximately 3.67% of the class—well under Hong Kong Stock Exchange Rule 19A.28B(2)’s 10% minimum public-float threshold. The market value of these publicly held H-shares is estimated at HK$654 million.

The Company was first flagged for non-compliance in an announcement dated 4 February 2026. Since then, management has examined multiple remedial options, including: (1) facilitating disposals of H-shares by substantial shareholders (Team Able International Limited, Broadford Global Limited and Dalian Port Corporation Limited) to public investors; (2) issuing additional H-shares to the market; and (3) repurchasing and cancelling certain A-shares. To date, no definitive plan has been finalized, mainly due to market conditions and operational considerations.

Following consultation, the Stock Exchange has permitted the Company to operate under transitional arrangements while actively working toward full compliance. Liaoning Port is required to release monthly progress updates in accordance with Listing Rules 19A.28D and 19A.28E until the public float is restored to compliant levels.

The Board advises shareholders and potential investors to exercise caution when dealing in the Company’s shares.