**Seacon Shipping Group Announces Acquisition of 40% Stake in Target Company** Seacon Shipping Group Holdings Limited (Stock Code: 2409) announced on September 29, 2025, that it has entered into an agreement to acquire a 40% equity interest in a target company. The total consideration for the acquisition is approximately RMB 481.9 million. The deal, approved by Seacon's Board of Directors, will be completed according to the terms of the transfer agreement. Additionally, Seacon will provide a guarantee as part of the transaction, with further details to be finalized in a guarantee agreement with the bank in October 2025. The acquisition marks a significant step in Seacon's strategic investment and business expansion.