On January 20, 2026, Chizhou Port Holdings, a subsidiary in which the company indirectly holds a 72% equity interest, entered into an equipment procurement and installation contract with the contractor, Zhongli Construction Group Co., Ltd. Under this agreement, the contractor will be responsible for equipment construction work valued at approximately RMB 29.001 million.

According to the equipment procurement and installation contract, the contractor will undertake the equipment construction for the Jiangkou Port Area terminal in Chizhou. The equipment will be located in the Jiangkou Port Area of the Chizhou Economic and Technological Development Zone in Anhui Province, China.

The contractor will be responsible for the manufacturing, installation, technical services, training, debugging, trial operation, and acceptance of a shiploading system—which includes one shiploader, two belt conveyors, one tail pit hopper, and one dust suppression system—along with four sets of enclosed conveyor gallery ancillary facilities.

The contractor is also obligated to undertake the repair of construction defects during the defect liability period, as stipulated in the equipment procurement and installation contract.

The equipment construction is necessitated by the need to upgrade the equipment at the Chizhou Jiangkou Port Area terminal, phasing out some technologically outdated machinery to enhance the company's technical standards and qualify for national policy support.

Furthermore, the equipment construction will help meet the planning and environmental protection requirements of the Jiangkou Port Area terminal. This initiative is expected to benefit the long-term development of Chizhou Port Holdings' port business and strengthen its competitiveness in the inland port operator market of Chizhou City, Anhui Province, China.