Group 1 - Tianjin Yurun Shipping Service Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Anhui Yurun Tongyang Enterprise Management Co., Ltd. [1] - The legal representative of the company is Zhu Xuewen, and its business scope includes domestic and international freight forwarding, international ship management, and ship leasing [1][1] - The company is located in the Tianjin Free Trade Zone, specifically in the Dongjiang Comprehensive Bonded Zone [1][1] Group 2 - The company is classified under the transportation, storage, and postal industry, specifically in the water transportation sector [1] - The business license allows for independent operations, except for projects that require government approval [1][1] - The company's operational period is set until December 15, 2025, with no fixed end date [1]

Company Overview - Tianjin Tongyang Shipping Service Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The legal representative is Yu Mo, and the company is wholly owned by Anhui Yurun Tongyang Enterprise Management Co., Ltd. [1] Business Scope - The company operates in domestic and international freight forwarding, international ship management, and ship leasing [1] - It is authorized to conduct domestic ship management, subject to approval from relevant authorities [1] Industry Classification - The company falls under the transportation, warehousing, and postal industry, specifically in the water transportation sector focusing on water freight [1] Location and Registration - The company is located at 6262 Australia Road, Room 202, in the Tianjin Free Trade Zone (Dongjiang Comprehensive Bonded Zone) [1] - It is registered as a limited liability company (sole proprietorship) with an operational period until December 15, 2025, with no fixed term thereafter [1] - The registration authority is the Market Supervision Administration of the China (Tianjin) Free Trade Zone [1]

Group 1 - The establishment of Albert Yacht Club (Haikou) Co., Ltd. has been registered with a capital of 60 million USD, fully owned by Albert Global Group (Hong Kong) Co., Ltd. [1] - The legal representative of the newly established company is Xu Xiaodong [1]. - The company operates in the cultural, sports, and entertainment industry, specifically in the sports sector [2]. Group 2 - The shareholder structure indicates that Albert Global Group (Hong Kong) Co., Ltd. holds 100% of the shares [2]. - The business scope includes domestic ship management, technical services, consulting services, import and export agency, and yacht leasing among others [2]. - The registered address of the company is located in Haikou, Hainan Province, specifically in the Hainan Free Trade Port Cross-Border E-commerce Industrial Park [2].

Company Overview - Recently, COSCO Shipping Crew Management Co., Ltd. underwent a business change, with Han Chao resigning as the legal representative and chairman, succeeded by Weng Yi [1] - The registered capital increased from 700 million RMB to 1.7 billion RMB, representing an increase of approximately 143% [1] - The company was established in November 2004 and is fully owned by China COSCO Shipping Group Co., Ltd. [1] Business Operations - The company's business scope includes domestic ship management, labor dispatch, seafarer dispatch, ordinary waterway cargo transportation, publication, international ship management, ship sales, and transportation equipment leasing services [1][2] - The company operates under the supervision of the Free Trade Zone Lingang New Area Market Supervision Administration [2] Management Changes - Multiple senior management changes occurred alongside the leadership transition [1] - The company has a significant employee base, with 26,628 insured individuals reported [2]

Core Viewpoint - Hainan Xinxinzhou Shipping Co., Ltd. has been established with a registered capital of 30 million RMB, fully owned by Zhejiang Xinxinzhou Shipbuilding Group Co., Ltd. [1] Company Summary - The legal representative of Hainan Xinxinzhou Shipping Co., Ltd. is Li Qianfei [1] - The company is registered with a capital of 30 million RMB [1] - The business scope includes domestic ship management, waterway hazardous goods transportation, ship repair, international passenger and bulk liquid hazardous goods transportation, and general cargo transportation [1] Shareholder Information - Zhejiang Xinxinzhou Shipbuilding Group Co., Ltd. holds 100% of the shares in Hainan Xinxinzhou Shipping Co., Ltd. [1] Business Operations - The company is involved in various operations such as ship leasing, international ship management, ship sales, port services, cargo handling, and equipment leasing [1] - It also engages in technology services, import and export agency, and sales of chemical products and petroleum products [1] Registration and Location - The company is located at No. 3 Yingbin Road, Blue Island Research Center, Yangpu Economic Development Zone, Hainan Province [1] - The business registration is valid until December 3, 2025, with no fixed term thereafter [1]

Core Viewpoint - Dalian Changgang Tugboat Service Co., Ltd. has been established with a registered capital of 50 million RMB, focusing on domestic ship management, ship repair, and port operations [1] Company Information - The legal representative of Dalian Changgang Tugboat Service Co., Ltd. is Leng Bingshu, and the company was founded on September 17, 2025 [2] - The company is registered under the unified social credit code 91210202MAEUFY1869 and is classified as a limited liability company in the water transportation industry [2] - The business scope includes domestic ship management, ship repair, and port operations, along with other services such as ship towing, ship leasing, and labor services [2] Shareholder Structure - The company is jointly owned by three shareholders: Liaoning Port Co., Ltd. (40% stake), Dalian Hengsheng International Shipping Co., Ltd. (30% stake), and COSCO Shipping Logistics Supply Chain Co., Ltd. (30% stake) [2]

Company Overview - Fujian Anhe Shipping Co., Ltd. has been established with a registered capital of 30 million RMB [1] - The legal representative is Guo Jingtao [1] - Shareholding structure includes Shanghai Ankai Shipping Co., Ltd. (51%), Fujian Baiyuan Shipping Co., Ltd. (27%), and Fujian Hongyuan Shipping Co., Ltd. (22%) [1] Business Scope - The company is involved in various shipping activities including inter-provincial and intra-provincial cargo transportation, international liner transportation, and domestic ship management [1] - Additional services include international ship management, container and general cargo transportation, ship leasing, sales, and agency services [1] - The company operates under the transportation, warehousing, and postal industry, specifically in the water transportation sector [1] Registration Details - The company is registered in Quanzhou, Fujian Province, with a business duration until August 21, 2025, and no fixed term thereafter [1] - It is classified as a limited liability company with natural person investment or control [1] - The registration authority is the Quanzhou Fengze District Market Supervision Administration [1]

Core Viewpoint - The company, Zhenhua Heavy Industries, is actively managing its market value and has initiated a share buyback program to support its stock price amid ongoing declines [2]. Group 1: Stock Performance - As of August 13, 2025, Zhenhua Heavy Industries' stock closed at 4.67 yuan, with no change in price, a turnover rate of 1.23%, a trading volume of 406,900 shares, and a transaction value of 190 million yuan [1]. Group 2: Share Buyback and Market Management - The company has approved a share buyback plan during the 2024 annual shareholders' meeting held on May 28, 2025, allowing for the repurchase of shares within 12 months using its own or raised funds [2]. - The company has also established a market value management plan, approved during the board meeting on March 27, 2025, to enhance its market value management practices [2][2]. Group 3: New Business Ventures - Zhenhua Heavy Industries has established a wholly-owned subsidiary in Hainan with a registered capital of 500 million yuan, which will engage in offshore oil and gas exploration and domestic ship management [2]. - The formation of this subsidiary indicates the company's intention to enter the deep-sea development sector [2]. Group 4: Trading Information - On August 13, 2025, the net outflow of main funds was 9.313 million yuan, accounting for 4.9% of the total transaction value, while retail investors saw a net inflow of 5.706 million yuan, representing 3.0% of the total transaction value [3].