601298: Qingdao Port International Co.Ltd(601298) announcement on the listing and circulation of IPO restricted shares

Securities code: 601298 securities abbreviation: Qingdao Port International Co.Ltd(601298) Announcement No.: pro 2022-001 Qingdao Port International Co.Ltd(601298)

Announcement on the listing and circulation of initial public offering of restricted shares

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:

The number of restricted shares listed and circulated this time is 3522179000.

The listing and circulation date of restricted shares is January 21, 2022.

1、 Listing type of restricted shares

Approved by the reply on approving Qingdao Port International Co.Ltd(601298) initial public offering of shares (zjxk [2018] No. 1839) of China Securities Regulatory Commission and approved by Shanghai Stock Exchange, Qingdao Port International Co.Ltd(601298) (hereinafter referred to as "the company" or " Qingdao Port International Co.Ltd(601298) ") developed 454376000 RMB common shares (A shares) to the public for the first time, It was listed on Shanghai Stock Exchange on January 21, 2019. The total share capital of the company before the initial public offering of A-Shares was 6036724000 shares, and after the initial public offering of a shares, the total share capital was 6491100000 shares, including 1553401000 shares with unlimited conditions and 4937699000 shares with limited conditions.

On January 21, 2020, 1415520000 tradable shares with limited sales conditions were listed and circulated, and the company's tradable shares with limited sales conditions became 3522179000 shares, and the tradable shares with unlimited sales conditions became 2968921000 shares.

The restricted shares listed and circulated this time are the restricted shares of the company's initial public offering of RMB common shares (A shares), involving one shareholder, the controlling shareholder of the company, Shandong Port Qingdao Port International Co.Ltd(601298) Group Co., Ltd. (hereinafter referred to as " Qingdao Port International Co.Ltd(601298) group", formerly known as " Qingdao Port International Co.Ltd(601298) (Group) Co., Ltd.). The number of restricted shares is 3522179000, Accounting for about 54.26% of the total share capital of the company, the lock-in period is 36 months from the date of listing of the company's A-share shares. The current lock-in period is about to expire and will be listed and circulated from January 21, 2022.

2、 Changes in the number of share capital of the company since the formation of the restricted shares

Since the completion of the company's initial public offering of a shares, there has been no allotment of shares, conversion of provident fund into share capital and other matters, and the total share capital of the company has not changed.

3、 Relevant commitments on the listing and circulation of restricted shares

According to the prospectus of Qingdao Port International Co.Ltd(601298) initial public offering of a shares, The controlling shareholder Qingdao Port International Co.Ltd(601298) group applying for lifting the restrictions on the sale of shares makes the following commitments on the restrictions on the circulation of shares: "1. Within 36 months from the date when the A-share shares of Qingdao Port International Co.Ltd(601298) initial public offering are listed in Shanghai Stock Exchange, it will not transfer or entrust others to manage the domestic shares directly or indirectly held by Qingdao Port International Co.Ltd(601298) before the issuance, nor will Qingdao Port International Co.Ltd(601298) Repurchase the shares;

2. If the Qingdao Port International Co.Ltd(601298) A shares held by the group are reduced within two years after the expiration of the lock-in period, the reduction price shall not be lower than the issue price. Within 6 months after the listing of Qingdao Port International Co.Ltd(601298) , if the closing price of Qingdao Port International Co.Ltd(601298) shares for 20 consecutive trading days is lower than the issue price of this issue, or the closing price at the end of 6 months after the listing is lower than the issue price of this issue, the locking period of Qingdao Port International Co.Ltd(601298) A shares held by the group will be automatically extended for 6 months after the expiration of the above locking period. The issue price refers to the issue price of Qingdao Port International Co.Ltd(601298) this issue. If Qingdao Port International Co.Ltd(601298) is ex rights and ex interests due to profit distribution, conversion of capital reserve to share capital, additional issuance, placement and other reasons after listing, it shall be ex rights and ex interests in accordance with the relevant provisions of Shanghai stock exchange;

3. If the group violates the above commitments, the group will bear all legal liabilities arising therefrom;

4. If relevant laws, regulations and normative documents or securities regulatory bodies such as the China Securities Regulatory Commission have other requirements on the lock-in period of shares, the group agrees to adjust the lock-in period of Qingdao Port International Co.Ltd(601298) shares held by the group accordingly. "

As of the date of this announcement, Qingdao Port International Co.Ltd(601298) group has fulfilled the above commitments, and there is no situation that the non performance of relevant commitments affects the listing and circulation of restricted shares.

4、 Occupation of funds and illegal guarantee by controlling shareholders and their related parties

As of the date of this announcement, the company has no non operational occupation of funds by the controlling shareholders and their related parties, and there is no illegal guarantee for the controlling shareholders and their related parties.

5、 Verification opinions of intermediary institutions

After verification, the recommendation institution Citic Securities Company Limited(600030) (hereinafter referred to as the "recommendation institution") believes that: (I) the listing and circulation of the restricted shares of the company complies with the company law of the people's Republic of China and the regulations of the people's Republic of China

Securities Law of the people's Republic of China, guidelines for continuous supervision of listed companies of Shanghai Stock Exchange and Shanghai Stock Exchange

Requirements of relevant laws, regulations and normative documents such as the stock listing rules of the stock exchange;

(II) the holders of the company's restricted shares have fulfilled their obligations in the company's initial public offering

And is implementing its commitments made in the initial public offering of shares;

(III) the number of shares subject to restrictions lifted and the listing and circulation time of the shares are in compliance with relevant laws and administrative regulations

Regulations, departmental rules, relevant rules and shareholder commitments;

(IV) as of the date of issuance of this verification opinion, the company's information disclosure related to the restricted shares is true

Real, accurate and complete.

The recommendation institution has no objection to the lifting of the ban on the listing and circulation of the company's restricted shares.

6、 Listing and circulation of restricted shares

The number of restricted shares listed and circulated this time is 3522179000.

The listing and circulation date of restricted shares is January 21, 2022.

Detailed list of listing and circulation of restricted shares:

No. name of shareholder number of Limited shares held proportion of Limited shares held to the total share capital of the remaining restricted shares (shares) of the company's current listing (%) quantity (shares) quantity (shares)

1 Qingdao Port International Co.Ltd(601298) group 3522179000 54.26 3522179000 0

7、 Statement of changes in share capital structure

Unit: changes in share capital before the listing and after the listing

1. Shares held by state-owned legal persons 3522179000 - 3522179000 0 Limited sales conditions 2. Other circulating shares

The total outstanding shares with limited sales conditions are 3522179000 - 3522179000 0

Unlimited sale conditions A-Shares 1869896000 3522179000 5392075000

Unit: changes in share capital before the listing and after the listing

Outstanding shares H shares 1099025000 0 1099025000

The total number of outstanding shares without sale conditions is 2968921000 3522179000 6491100000

Total shares - 6491100000 0

8、 Online announcement attachment

Restrictions on initial public offering of Qingdao Port International Co.Ltd(601298) by Citic Securities Company Limited(600030)

Verification opinions on lifting the ban on listing and circulation of shares.

It is hereby announced.

Qingdao Port International Co.Ltd(601298) board of directors

January 17, 2022

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