According to China Merchants Shipping's announcement, the company recently signed 5 “Ship Customization Agreements” with Dalian Shipbuilding Industry Group Co., Ltd. through its wholly-owned subsidiary Haihong Shipping Industry Group Co., Ltd., to order 5 energy-saving and environmentally friendly AFRAMAX tankers equipped with desulfurization scrubbers and shaft generators. The total price of the agreement is equivalent to about RMB 2,485 billion, and is expected to be delivered from 2029 to 2030. This transaction does not constitute a related transaction or major asset restructuring. The required capital is intended to use own funds and bank loans, which have no significant impact on the company's current finances, and is expected to have a positive impact on the future.

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