中国船舶工业股份有限公司关于公司换股吸收合并中国船舶重工股份有限公司暨关联交易事项的换股实施的提示性公告

Core Viewpoint - China Shipbuilding Industry Co., Ltd. (referred to as "China Shipbuilding") plans to absorb and merge China Shipbuilding Industry Co., Ltd. (referred to as "China Heavy Industry") through a share exchange, with the approval from the China Securities Regulatory Commission [1][6] Summary by Sections Transaction Overview - The share exchange ratio is set at 1:0.1339, meaning each share of China Heavy Industry will be converted into 0.1339 shares of China Shipbuilding [2][9] - The transaction has received regulatory approval, and China Heavy Industry's stock will be delisted on September 5, 2025 [1][6] Implementation Details - The share exchange implementation date is September 4, 2025, after which shareholders of China Heavy Industry will receive shares of China Shipbuilding [2][9] - Any fractional shares resulting from the exchange will be rounded and allocated to shareholders accordingly [3][9] Asset and Liability Transfer - Upon completion of the merger, all assets, liabilities, and rights of China Heavy Industry will be transferred to China Shipbuilding [13] - China Shipbuilding will inherit all debts and contracts of China Heavy Industry post-merger [13] Shareholder Considerations - Shareholders of China Heavy Industry will not see their stock reflected in their accounts after the delisting until the new shares of China Shipbuilding are issued [10][15] - Any restrictions on share sales from China Heavy Industry will carry over to the new shares of China Shipbuilding [3][15] Future Announcements - China Shipbuilding will issue further announcements regarding the results of the share exchange and the listing of new shares after the merger is completed [11][16]