HONG KONG, Mar 18, 2026 - (ACN Newswire via SeaPRwire.com) - COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP” or the “Company”, SEHK: 1199), the world’s leading ports logistics service provider, today announced the annual results of the Company and its subsidiaries (the “Group”) ended 31 December 2025.2025 FY Results Highlights- Total throughput increased by 6.2% YoY to 152,994,965 TEU- Total equity throughput increased by 3.4% YoY to 46,850,076 TEU- Total throughput from terminals in which the Group has controlling stakes increased by 1.8% YoY to 33,246,933 TEU- Total throughput from the Group’s non-controlling terminals increased by 7.5% YoY to 119,748,032 TEU- Revenue of the Company increased by 11.0% YoY to US$1,669,017,000- Profit attributable to equity holders of the Company increased by 1.1% YoY to US$312,141,000- Declared a second interim dividend of US1.328 cents per shareFINANCIAL REVIEWIn 2025, the port and shipping market faced pressure amid slowing global trade growth, tariff adjustments, trade protectionism, and geopolitical uncertainties. Leveraging lean operations management and resource process optimization, COSCO SHIPPING Ports maintained its operational resilience and core competitiveness. Annual revenue of the Company amounted to US$1,669.0 million, increased by 11.0% YoY, cost of sales was US$1,253.5 million, increased by 15.4% YoY. Gross profit was US$415.5 million, decreased by 0.3% YoY. Share of profits from joint ventures and associates amounted to US$343.4 million, increased by 7.3% YoY. During the year, profit attributable to equity holders of the Company was US$312.1 million, increased by 1.1% YoY.OPERATIONAL REVIEWMarket ReviewIn 2025, despite a complex and severe external environment, China’s economy advanced under pressure, achieving relatively rapid growth in its merchandise trade and demonstrating strong resilience and vitality. According to statistics from the General Administration of Customs of China, in 2025, the total of China’s import and export reached RMB45.47 trillion in 2025, marking a year-on-year increase of 3.8%, maintaining its position as the world’s largest merchandise trader. Specifically, exports amounted to RMB26.99 trillion, posting a YoY increase of 6.1%, while the amount of imports grew by 0.5% YoY to RMB18.48 trillion. Notably, robust growth was recorded in trade with emerging markets such as ASEAN, Latin America, and Africa, with respective year-on-year increases of 8.0%, 6.5%, and 18.4%.Overall PerformanceIn 2025, the Group’s total throughput increased by 6.2% YoY to 152,994,965 TEU (2024: 144,032,722 TEU). Specifically, total throughput from terminals in which the Group has controlling stake increased by 1.8% YoY to 33,246,933 TEU (2024: 32,655,388 TEU), accounting for 21.7% of the Group’s total, and the total throughput from non-controlling terminals increased by 7.5% YoY to 119,748,032 TEU (2024: 111,377,334 TEU), accounting for 78.3% of the Group’s total.During the year, the Group’s total equity throughput increased by 3.4% YoY to 46,850,076 TEU (2024: 45,318,318 TEU). The equity throughput from terminals in which the Group has controlling stake decreased by 2.0% YoY to 19,566,743 TEU (2024: 19,958,253 TEU), accounting for 41.8% of the Group’s total, and the equity throughput from non-controlling terminals increased by 7.6% YoY to 27,283,333 TEU (2024: 25,360,065 TEU), accounting for 58.2% of the Group’s total.ChinaTotal throughput of the terminals in China increased by 4.6% YoY to 114,836,474 TEU in 2025 (2024: 109,808,199 TEU) and accounted for 75.1% of the Group’s total throughput. Total equity throughput of terminals in China increased by 1.6% YoY to 32,786,033 TEU (2024: 32,279,961 TEU), accounting for 70.0% of the Group’s total equity throughput.Bohai RimTotal throughput of the Bohai Rim region increased by 5.1% YoY to 52,060,240 TEU in 2025 (2024: 49,550,213 TEU) and accounted for 34.0% of the Group’s total. Total equity throughput of the Bohai Rim region decreased by 0.2% YoY to 13,261,079 TEU (2024: 13,282,472 TEU) and accounted for 28.3% of the Group’s total equity throughput. The total throughput of Dalian Container Terminal Co., Ltd. maintains steady growth, with total throughput increased by 2.2% YoY to 5,393,205 TEU (2024: 5,277,625 TEU).Yangtze River DeltaTotal throughput of the Yangtze River Delta region increased by 2.2% YoY to 16,848,434 TEU in 2025 (2024: 16,484,202 TEU) and accounted for 11.0% of the Group’s total. Total equity throughput of the Yangtze River Delta region increased by 2.1% YoY to 4,868,227 TEU (2024: 4,766,173 TEU) and accounted for 10.4% of the Group’s total equity throughput. Wuhan CSP Terminal Co., Ltd. has advanced simultaneously on land and sea, deepening collaboration with shipping companies, enhancing the density of its Yangtze River shipping routes, expanding intermodal water-rail channels, promoting the development of an international train assembly and distribution centre, and increasing rail freight volume, achieving a 31.8% YoY increase in total throughput to 323,624 TEU (2024: 245,627 TEU).Southeast Coast and OthersTotal throughput in the Southeast Coast and Others region decreased by 6.3% YoY to 5,621,527 TEU in 2025 (2024: 6,002,237 TEU) and accounted for 3.7% of the Group’s total throughput. Total equity throughput of Southeast Coast and Others region decreased by 0.6% YoY to 4,285,921 TEU (2024: 4,311,464 TEU) and accounted for 9.2% of the Group’s total equity throughput. Xiamen Ocean Gate Container Terminal Co., Ltd. strengthened its commercial marketing efforts and facilitated the addition of new shipping routes, leading a 4.1% YoY increase in total throughput to 2,679,812 TEU (2024: 2,574,593 TEU).Pearl River DeltaTotal throughput of the Pearl River Delta region increased by 5.2% YoY to 30,243,273 TEU in 2025 (2024: 28,756,347 TEU) and accounted for 19.8% of the Group’s total throughput. Total equity throughput of the Pearl River Delta region increased by 3.9% YoY to 8,256,568 TEU (2024: 7,945,689 TEU) and accounted for 17.6% of the Group’s total equity throughput. Guangzhou South China Oceangate Container Terminal Company Limited actively responded to the restructuring of shipping alliances and route adjustments, seizing growth opportunities in emerging Southeast Asian markets. Driven a significant YoY increase in container volume on Asian regional routes, driving a 7.9% YoY increase in total throughput to 6,025,563 TEU (2024: 5,582,825 TEU).Southwest CoastTotal throughput of the Southwest Coast region increased by 11.6% YoY to 10,063,000 TEU in 2025 (2024: 9,015,200 TEU), accounting for 6.6% of the Group’s total throughput. Total equity throughput of the Southwest Coast region increased by 7.1% YoY to 2,114,238 TEU (2024: 1,974,163 TEU) and accounted for 4.5% of the Group’s total equity throughput. The increase in total throughput and equity throughput can be attributed, on one hand, to the ongoing release of trade benefits from the Regional Comprehensive Economic Partnership (RCEP). On the other hand, Beibu Gulf Port Co., Ltd. has accelerated the development of the Beibu Gulf International Gateway Port and the international hub seaport. It has continuously optimized its container shipping network, intensified cargo sourcing efforts, and driven year-on-year growth in container volume.OverseasTotal throughput in overseas terminals increased by 11.5% YoY to 38,158,491 TEU in 2025 (2024: 34,224,523 TEU) and accounted for 24.9% of the Group’s total. Total equity throughput of overseas terminals increased by 7.9% YoY to 14,064,043 TEU (2024: 13,038,357 TEU) and accounted for 30.0% of the Group’s total equity throughput. The total throughput of Piraeus Container Terminal Single Member S.A. decreased by 6.0% YoY to 3,976,713 TEU (2024: 4,228,474 TEU), primarily due to a slowdown in market demand within the Mediterranean region. CSP Zeebrugge Terminal NV strengthened its commercial marketing efforts and added multiple mainline and feeder services, driving a 33.1% YoY increase in total throughput to 894,227 TEU (2024: 671,989 TEU).PROSPECTSThe global geopolitical landscape in 2026 remains complex and challenging, with persistent uncertainties in trade patterns. The International Monetary Fund (IMF) forecasts in its latest World Economic Outlook report that the global economy is projected to grow by 3.3% in 2026, maintaining a steady growth trajectory. According to London-based shipping consultancy Drewry, global container throughput growth is projected to slow to 1.8% in 2026. Against this backdrop, the Company will adhere to a high-quality development philosophy, closely aligning with the goal of becoming a world-class port logistics service provider. The Company will focus on our core business, improve operational efficiency, and strive to enhance global competitiveness and sustainable development capabilities.First, the Company will prioritize strategic guidance to optimize our global port layout. Guided by the principle of “expanding globally while deepening efficiency domestically”, the Company will accelerate the construction of a global terminal network that synergistically integrates developed and emerging markets, greenfield and brownfield terminals, and hub and gateway ports. The Company will strengthen corridor development, elevate service levels at key hub ports such as COSCO SHIPPING Ports Chancay PERU S.A., Piraeus Container Terminal Single Member S.A., and CSP Abu Dhabi Terminal L.L.C., and systematically advance hardware and software investments aligned with business growth and smart, low-carbon initiatives. Concurrently, the Company will increase the size of feeder networks, enhance route aggregation effects, and achieve a strategic framework where all terminals connect to form a network and develop synergistically.Second, deepen operational synergy to comprehensively enhance quality and efficiency. The Company will adhere to lean operations while strengthening marketing and internal coordination, as well as closely monitor shifts in the international shipping landscape to increase coverage of the parent company’s dual-brand routes at subsidiary terminals. The Company will also deepen business integration with the fleet of China COSCO SHIPPING Corporation Limited (the Company’s ultimate controlling shareholder) to accelerate diversified business development. The Company will expedite the construction of a digital marketing and business platform to transition from experience-driven to data-driven operations. Key initiatives include advancing the intelligent route planning project to enhance operational efficiency and strengthening standardized management of equipment throughout its lifecycle to sustain operational capacity.Third, strengthen network aggregation and enhance comprehensive service capabilities. The Company will focus on upgrading from “single-point development” to “network synergy.” Continuously reinforce trunk and feeder networks and corridor development at key hubs to enhance transshipment and network capabilities. Vigorously develop integrated “port + logistics” services and promote standardized supply chain products. Leveraging key logistics nodes, provide customized end-to-end solutions for emerging cargo types such as photovoltaic and energy storage. By coordinating global network resources, the Company will establish a tiered, synergistic operational system to comprehensively enhance supply chain resilience and service value-added.Fourth, accelerate innovation-driven development to cultivate and expand new productive forces. The Company will actively embrace digital and green industrial trends, integrating technological innovation with core business operations. The Company will deepen the integration of innovative applications like artificial intelligence with terminal operations, expanding the scaled application of digital twins and AI technologies in intelligent scheduling, equipment maintenance, and safety control. In green and low-carbon initiatives, the Company will intensify the promotion and application of new energy equipment, advance port microgrid construction and refined energy management, continuously reduce energy consumption per unit of output, and explore new pathways for green development.In 2026, the Company’s management will proactively address external challenges and seize development opportunities with a strong sense of mission and responsibility. Regarding the situation in the Middle East which has drawn significant attention, the Company will continue to closely monitor the situation and carefully assess any potential impact, and take any necessary measures to ensure operations continue uninterrupted. By implementing the aforementioned measures, we will substantially enhance the Company's core competitiveness and core functions, striving to deliver sustained and stable value returns for all shareholders.About COSCO SHIPPING Ports (https://ports.coscoshipping.com)COSCO SHIPPING Ports Limited (Stock Code: 1199) is a leading ports logistics service provider in the world and its terminals portfolio covers the five main port regions and the middle and lower reaches of the Yangtze River in China, Europe, the Mediterranean, the Middle East, Southeast Asia, South America and Africa, etc. As at 31 December 2025, COSCO SHIPPING Ports operated and managed 387 berths at 40 ports globally, of which 238 were for containers, with an annual handling capacity of approximately 133 million TEU.Building on the brand philosophy of “The Ports for ALL”, COSCO SHIPPING Ports has established its corporate mission of “Connecting Different Worlds” and is committed to maintaining a customer-centric approach to continuously improve the service and capacity of its global network and enhance the strategic positioning of key node ports and optimise logistics resource distribution. Leveraging ports as a conduit to connect global shipping services and serve global trade, the Company is dedicated to establishing a platform for mutual benefits and shared successes for all stakeholders involved with a vision of becoming “the leading global port logistics service provider with a customer-oriented focus”.Please visit the Company’s website(https://ports.coscoshipping.com）and the designated website of Hong Kong Exchanges and Clearing Limited(https://www.hkexnews.hk）for 2025 Annual Results Announcement. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Sunshine Insurance Delivers 2025 Results: Customer Operation System Continues to Innovate

ACN Newswire

THERMAL-XR(R) Sales in the United States to Commence After GMG Receives U.S. EPA Approval

March 16, 2026

Brisbane, Australia--(ACN Newswire via SeaPRwire.com. - March 16, 2026) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that the United States Environmental Protection Agency ("EPA") has now approved the import and sale of GMG's THERMAL-XR graphene based coating system in the United States.The EPA has issued a consent order for pre-manufacture notice PMN P-25-0018 in accordance with section 5(e) of the Toxic Substances Control Act, 15 U.S.C. 2604(e) (the "Order"). Under the Order, GMG is authorised to export, distribute, sell, use and dispose of the chemical substance described in the pre-manufacture notice submitted by the Company, and which is used in GMG's THERMAL-XR® ENHANCE graphene-based coating system for various applications including Heating Venting Air Conditioning and Refrigeration (HVAC-R), Data Centres, Liquified Natural Gas Plants (LNG), Automotive and Electronics amongst others in the United States in accordance with the requirements and conditions set out in the Order (the "New Chemical Substance").GMG supplies its THERMAL-XR® graphene coating product for the HVAC-R equipment market to its exclusive North American distributor, Nu-Calgon Wholesaler, Inc. ("Nu-Calgon") which is marketed and sold as "Nu-Calgon CoolWorx® powered by GMG® Graphene" as seen in an example shown in Figure 1. As a result of the Order, GMG, together with Nu-Calgon, is now able to commence commercial sales of THERMAL-XR® products into the U.S. for industrial use, subject to and in accordance with the requirements and conditions of the Order.Figure 1: Nu-Calgon CoolWorx® Powered by GMG® Graphene LabelTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/288616_ab987720443d2967_001full.jpgThe first shipment of THERMAL-XR® will now be sent to Nu-Calgon for distribution in North America.Craig Nicol, CEO & Managing Director of the Company, commented, "We believe that this EPA consent order is a major milestone for GMG as it allows us, together with our exclusive North American distributor Nu-Calgon, to commence commercial sales of THERMAL-XR® in we what we see as the largest HVAC-R coating market in the world."Jack Perkowski, Chairman and Non-Executive Director of the Company, commented: "With regulatory clearance now in place, we believe that we can begin converting the strong interest that we have seen from customers into revenue, while leveraging Nu-Calgon's extensive distribution network to reach across the North America to scale THERMAL-XR® ENHANCE / CoolWorx® deployment over time. We believe that GMG is one of the few companies to have received EPA approval for the export and sale of an unlimited amount of a graphene-based product in the United States of America."About THERMAL-XR® ENHANCE powered by GMG Graphene:THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.THERMAL-XR® ENHANCE Development and EPA Approval HistoryMonthSignificant Milestones for THERMAL-XR® powered by GMG GrapheneSeptember2022GMG acquires THERMAL-XR® manufacturing intellectual property and brand rights GMG ACQUIRES THERMAL-XR MANUFACTURING INTELLECTUAL PROPERTY AND BRAND RIGHTS AND GRANTS RSUs TO DIRECTORS AND OFFICERS - Graphene Manufacturing Group | GMG (graphenemg.com)December2022Verified Improved Heat Transfer by The University of Queensland. VERIFIED IMPROVED HEAT TRANSFER ON ALUMINIUM WITH THERMAL-XR® & MARKET UPDATE - Graphene Manufacturing Group | GMG (graphenemg.com)February2023Approval from Australian Industrial Chemicals Introduction Scheme (AICIS) GMG RECEIVES REGULATORY APPROVAL TO ENABLE SIGNIFICANT COMMERCIAL SALES - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023Total available market for THERMAL-XR® estimated by Company to be > US$28.4 billion GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023First order of THERMAL-XR® > $120,000 GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)May 2023Signing of Distributors for Singapore, Thailand, Indonesia & South Korea GMG SIGNS THERMAL-XR® DISTRIBUTOR AGREEMENTS IN 4 ASIAN COUNTRIES - Graphene Manufacturing Group | GMG (graphenemg.com)June 2023Independently Verified Heat Transfer & Energy Savings GMG ANNOUNCES INDEPENDENTLY VERIFIED HEAT TRANSFER AND ENERGY SAVINGS RESULTS FROM THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)July 2023Signing of Nu-Calgon Distribution for North America - USA, Canada, Mexico, & Caribbean. GMG APPOINTS NU-CALGON AS THERMAL-XR® DISTRIBUTOR FOR NORTH AMERICA - Graphene Manufacturing Group | GMG (graphenemg.com)August2023Commissioning of THERMAL-XR® Coating Bulk Blend Plant GMG PROVIDES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)October2023Forward Orders > AU$ 400k - Conditional on Import Approvals for some Countries GMG PROVIDES COMMERCIALISATION UPDATE ON ENERGY SAVINGS COATING THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)December2023Commissioning of the modular Graphene Production plant Graphene Manufacturing Group Commissions Modular Graphene Production Plant - Graphene Manufacturing Group | GMG (graphenemg.com)January2024Canada Approval Department of Environment and Climate Change Canada (ECCC)January2024Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024. Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.April 2024GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR® GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®December2024GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR® GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR®December2025USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR® USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR® About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information, please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes" "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, GMG and Nu-Calgon's ability to leverage Nu-Calgon's distribution network to commence commercial sales of THERMAL-XR® ENHANCE-based products into the U.S. HVAC-R aftermarket, intentions as to the first shipment of THERMAL-XR® ENHANCE, the intended focus of initial THERMAL-XR® ENHANCE deployment, the energy efficiency, decarbonisation and corrosion protection benefits of THERMAL-XR® ENHANCE, GMG's intention to work with the EPA and GMG's intention to progress its broader THERMAL-XR® ENHANCE commercialisation activities.Such forward-looking statements are based on a number of assumptions of management, including the receipt of a fully signed consent notice from the EPA. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation that GMG does not receive or receive on a timely basis the fully signed consent notice from the and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288616 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

1 2 3 … 100