Yangzijiang Maritime Development Ltd. said its wholly owned PRC subsidiary, Jiangsu New Yangchuan Maritime Development Co., Ltd., subscribed for minority equity interests in three newly incorporated PRC associates via fully paid capital contributions funded by internal resources. The group invested RMB 16.0 million for a 20 percent stake in Jiangxi Tongdu Green Shipping Technology Co., Ltd., RMB 3.75 million for a 15 percent stake in Jiangsu Yangzi Lanfeng Offshore Engineering Co., Ltd., and RMB 17.5 million for a 35 percent stake in Jiangxi Pi Shipping Technology Development Co., Ltd., with all three companies engaged in maritime-related business. The company said the investments are not expected to have a significant impact on FY2025 earnings per share or net tangible assets per share.

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