Yangzijiang Maritime Development announces investment in three China-based associates

SGX Filings

02/28

Yangzijiang Maritime Development Ltd. said on Feb, 28 2026 that it has set up three new associated companies in mainland China and subscribed for equity stakes worth a combined total of about 7 million Singapore dollars.

The group’s wholly owned subsidiary, Jiangsu New Yangchuan Maritime Development Co., Ltd., invested roughly 3.0 million Singapore dollars for a 20% stake in Jiangxi Tongdu Green Shipping Technology Co., Ltd.; about 0.7 million Singapore dollars for a 15% interest in Jiangsu Yangzi Lanfeng Offshore Engineering Co., Ltd.; and approximately 3.3 million Singapore dollars for a 35% stake in Jiangxi Pi Shipping Technology Development Co., Ltd.

The capital injections were funded from internal resources and are not expected to have a material impact on the group’s earnings per share or net tangible assets for the year ended Dec, 31 2025.

The company said none of its directors or major shareholders has any interest in the new entities beyond their existing stakes in Yangzijiang Maritime Development.

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