Group 1 - The company held its 27th meeting of the 4th Board of Directors on July 7, 2025, with all 7 directors present, ensuring compliance with legal and regulatory requirements [1][2]. - The Board approved a proposal to purchase dry bulk carriers for up to $65 million to expand capacity and enhance competitiveness and profitability, with funding sourced from self-owned funds [1][2]. - The Board also approved an increase in the estimated guarantee amount for 2025, which aligns with the company's operational needs and strategic goals, ensuring manageable risk levels [2][3]. Group 2 - A proposal was made to convene the 4th extraordinary general meeting of shareholders on July 24, 2025, in accordance with the Company Law and the company's articles of association [2][3].

Group 1 - The company guarantees the authenticity, accuracy, and completeness of the information disclosed in the quarterly report, with no false records, misleading statements, or significant omissions [1][2][8] - The board of directors and supervisory board confirm the quarterly report's compliance with legal and regulatory requirements, reflecting the company's financial status, operating results, and cash flow accurately [10][18] - The first quarter report has not been audited [7][11] Group 2 - The third board of directors' eighth meeting was held on April 25, 2025, with all seven directors present, complying with legal and regulatory requirements [9] - The meeting approved the proposal regarding the first quarter report, confirming its adherence to relevant regulations and accurate reflection of the company's financial situation [10][18] - The voting results for the board meeting were unanimous, with all votes in favor [12] Group 3 - The company will hold the 2024 annual shareholders' meeting on May 15, 2025, using a combination of on-site and online voting [22][24] - The meeting's legal compliance has been confirmed by the board of directors, and all shareholders registered by May 9, 2025, are eligible to attend [23][26] - The meeting will address various proposals, including the independent directors' performance reports [30][32]