Core Viewpoint - The company plans to sign a contract for the construction of two 6,000 TEU container ships with a total contract value not exceeding 1.16 billion RMB or its equivalent in USD, excluding tax [1] Group 1: Investment Details - The investment aims to create a highly economical and competitive container shipping fleet [1] - The transaction does not constitute a related party transaction or a major asset restructuring, and does not require shareholder approval [1] - The implementation of the transaction may involve overseas investment matters, which need to be filed with relevant national authorities [1]

Core Viewpoint - The company aims to enhance its operational capacity and market competitiveness by investing in the construction of multi-purpose heavy-lift vessels [1] Group 1: Investment Decision - The company approved an investment of up to 900 million RMB (excluding tax) for the construction of three 62,000 DWT multi-purpose heavy-lift vessels [1] - The investment is intended to expand the company's fleet and improve its overall competitiveness and market share [1] Group 2: Subsidiary Involvement - The investment will be executed through the company's wholly-owned subsidiary, Haitong International Shipping Co., Ltd. [1] - A shipbuilding contract has been signed with Taizhou Port Shipbuilding Co., Ltd. for the construction of the vessels [1]

Group 1 - The company approved an additional investment of 25.5 million yuan for the construction of a roll-on/roll-off passenger ship by its subsidiary, Qiongzhou Strait (Hainan) Ferry Transportation Co., Ltd., bringing the total project investment to 285.5 million yuan [1][5][44] - The board meeting was held on August 13, 2025, with all 11 directors present, and the decision will be submitted for shareholder approval [1][3][8] - The additional investment is necessary due to increased shipyard quotes exceeding the original project budget, driven by a recovery in global shipping demand [34][48] Group 2 - The company also approved an additional investment of 25.5 million yuan for the construction of a roll-on/roll-off passenger ship by its subsidiary, Qiongzhou Strait (Guangdong) Ferry Transportation Co., Ltd., with the total project investment also adjusted to 285.5 million yuan [2][5][44] - The decision for this investment was also made during the same board meeting and will be presented to the shareholders for approval [2][3][8] - The reasons for the additional investment are similar, linked to rising costs in the shipbuilding industry due to increased demand [34][48] Group 3 - A temporary shareholder meeting is scheduled for August 29, 2025, to discuss the approved investment proposals [3][7][8] - The meeting will be held in Haikou, Hainan, and will allow both in-person and online voting for shareholders [10][11][12] - The company ensures compliance with relevant laws and regulations regarding the meeting and the investment proposals [8][12][14]