Core Viewpoint - The company is acquiring a 40% stake in the target company for approximately RMB 482 million, aiming to enhance its operational capabilities and market influence in the shipping industry [1][2]. Group 1: Acquisition Details - The acquisition involves SG XINDE INVESTMENT (HK) LIMITED as the buyer and Shenzhen Financing Leasing Group as the seller, with the transaction expected to be completed by September 29, 2025 [1]. - The company will provide guarantees related to the target company's loan agreements, amounting to approximately USD 40.44 million, along with associated interest, costs, and expenses [1]. Group 2: Strategic Objectives - The acquisition aims to integrate shipping operations, management, investment, and financing to create a circular ecosystem within the maritime value chain [2]. - By leveraging resources from the parent company and the seller, the company anticipates expanding its market influence and achieving operational synergies [2]. - The target company will enhance its leasing business and benefit from the company's professional ship management services, ensuring seamless integration and effective risk control [2]. Group 3: Financial Considerations - The management believes that providing guarantees is crucial for the target company's operational funding and will support its main business activities, ensuring stable growth [2]. - The board considers the terms of the acquisition and guarantees to be fair and reasonable, aligning with the overall interests of the company and its shareholders [3].