Core Insights - The recent ESG Annual Forum and the "ESG New Benchmark Enterprise Award" ceremony recognized Guohang Ocean for its outstanding practices in carbon reduction, awarding it the "Carbon Path Practitioner Award" [1] - Guohang Ocean has positioned green low-carbon development as its core strategic direction for 2024, focusing on sustainable development driven by new energy technologies [4] Group 1: Awards and Recognition - Guohang Ocean was awarded the "Carbon Path Practitioner Award" for its exemplary practices in environmental dimensions, aimed at integrating economic efficiency with social responsibility [1] - The award is established by Securities Star in collaboration with professional institutions to highlight companies excelling in ESG practices [1] Group 2: Environmental Initiatives - In 2024, Guohang Ocean delivered 6 green low-carbon vessels, with an additional 12 vessels achieving a CII rating of B or above, forming a core engine for reducing carbon emissions [4] - The total greenhouse gas emissions for the company decreased by 30.09% year-on-year, while the emission intensity (calculated by revenue) dropped by 33.42% [4] Group 3: Technological Advancements - The company is enhancing its energy-saving potential through technology and management, accelerating its digital transformation with 8 projects, including smart vessel data integration and crew behavior recognition management [4] - The smart vessel technology has been demonstratively applied in vessels like "Guoyuan 703," contributing to a vessel operation rate of 99.20% in 2024 [4] Group 4: Business Strategy and Performance - Guohang Ocean's focus on green vessels and deep application of smart technologies outlines a clear "carbon path" trajectory for 2024, emphasizing practical innovation in emission reduction [4] - The non-coal cargo ratio (by turnover) reached 32%, with a year-on-year increase of 47.62% in non-coal cargo ratio (by deadweight) [4]

Group 1: Investor Relations Activities - The company participated in the Guohai Securities 2025 Summer Strategy Conference and Dongwu Securities Mid-term Strategy Conference on May 9, 2025 [3] - Attendees included Guohai Securities, Dongwu Securities, Huaxin Securities, Junhe Capital, and Fuli Hui [3] Group 2: New Vessel Delivery and Capacity Growth - In 2024, the company plans to deliver 6 new vessels and aims to add 2-3 green low-carbon vessels in 2025, enhancing operational capacity [4] - The company has established long-term strategic partnerships with two major state-owned shipping giants to expand collaboration and improve industry influence [4] - 2025 marks the year when 6 low-carbon green vessels will achieve full operational capacity, expected to significantly enhance operational efficiency and cost control [4] Group 3: Foreign Trade Routes and Market Positioning - The company's overseas shipping revenue is projected to increase from 58% in 2023 to 67% in 2024, indicating a strong operational and economic performance [5] - The company has developed a global trade route network covering Europe, Australia, the Americas, Southeast Asia, East Asia, South Asia, and Africa, enhancing its core competitiveness [5] Group 4: Future Vessel Plans and Development Strategy - The company has ordered 4 methanol dual-fuel bulk carriers, set for delivery between late 2025 and 2026, aimed at reducing carbon emissions [6] - Additionally, 2 low-carbon intelligent bulk carriers are set to begin construction, equipped with smart management systems to improve operational efficiency [6][7] - The company is committed to green sustainable development and will increase investments in green shipping technology and digital management [7] Group 5: Market Outlook and Client Relationships - Global dry bulk shipping trade volume is expected to reach 5.775 billion tons in 2025, continuing a growth trend [8] - The growth rate of the dry bulk fleet is controlled within 3.5% since 2023, indicating a slowdown compared to previous years [8] - The company has established stable long-term relationships with core clients, ensuring the ability to meet diverse global transportation needs [8]