• Meeting timetable – Annual General Meeting (AGM) set for 1:30 p.m., 30 June 2026, at Ocean Hotel, Shanghai. – A- and H-share class meetings will follow immediately to vote on separate buy-back mandates.

• Dividend & profit distribution – Board recommends a cash dividend of RMB0.015 per share for FY-2025. – Authorisation sought for the Board to design the 2026 interim distribution; aggregate interim payout capped at 30% of 1H-2026 parent-company profit.

• FY-2025 financials (China Accounting Standards) – Parent-company distributable profit: RMB971.86 million. – Group profit from continuing operations: RMB1.74 billion (up 22% YoY).

• Vessel acquisition & connected transactions – Company will assume 10 bulk-carrier newbuild contracts from COSCO SHIPPING Bulk units: • Eight 211,000-DWT Newcastlemaxes: consideration RMB1.39 billion plus remaining yard instalments of US$424.48 million. • Two 64,000-DWT Supramaxes: consideration US$24.99 million plus remaining yard instalments of about US$46.15 million. – Combined outlay: approx. US$693 million. – Vessels will be bareboat/time-chartered to COSCO SHIPPING Bulk for up to 20 years. – Independent Shareholders’ approval required; Messis Capital appointed IFA.

• Guarantees – Board seeks authority to provide guarantees up to RMB8.80 billion (or equivalent) for nine wholly-owned subsidiaries between 1 Jul 2026 and 30 Jun 2027.

• Share-repurchase mandates – Separate A- and H-share mandates allow buy-backs of up to 10% of each class during the mandate period (from approval date to 2026 AGM), exclusive of treasury shares.

• Board & remuneration – Re-election of all eight incumbent Directors, including Chairman Zhang Mingwen. – 2026 Director pay: executive members to follow Company salary band; onshore INED fee RMB150,000; offshore INED fee RMB300,000. – New Measures for Remuneration Management of Directors and Senior Management placed before shareholders.

• Auditor rotation – BDO China proposed as 2026 domestic & internal-control auditor (total fee RMB5.68 million). – BDO (HK) proposed as 2026 international auditor (fee RMB4.70 million), replacing ShineWing entities after eight/four years of service respectively.

• Record dates – AGM voting: H-share register closes 24–30 Jun 2026. – Dividend entitlement: register closes 14–17 Jul 2026; dividend payable on or around 31 Jul 2026 (RMB for A-shares/Shanghai-Shenzhen Connect investors; HK$ for other H-shareholders).

• Tax treatment – Mainland individual investors in H-shares: Company will withhold 20% personal income tax; enterprise investors to self-declare.

All resolutions are detailed in the shareholder circular dated 8 June 2026.