COSCO HAIFA announced that it plans to entrust Dalian Heavy Industries to build 15 88,000-ton multi-purpose grain vessels through its indirect wholly-owned subsidiary Hainan Haifa Shipping, with a transaction amount of 4.785 billion yuan. This is a related transaction; it entrusts Waigaoqiao Shipyard to build 10 210,000 ton bulk carriers, with a transaction amount of 5.28 billion yuan, constituting the main transaction. At the same time, it is proposed to increase the issuance amount of 15 billion yuan of medium-term notes to no more than 25 billion yuan; apply for registration to issue corporate bonds of no more than 6 billion yuan to repay interest-bearing debts, etc. The above proposals have all been reviewed by the board of directors and submitted to the shareholders' meeting for consideration.

COSCO HAIFA announced that it plans to entrust Dalian Heavy Industries to build 15 88,000-ton multi-purpose grain vessels through its indirect wholly-owned subsidiary Hainan Haifa Shipping, with a transaction amount of 4.785 billion yuan. This is a related transaction; it entrusts Waigaoqiao Shipyard to build 10 210,000 ton bulk carriers, with a transaction amount of 5.28 billion yuan, constituting the main transaction. At the same time, it is proposed to increase the issuance amount of 15 billion yuan of medium-term notes to no more than 25 billion yuan; apply for registration to issue corporate bonds of no more than 6 billion yuan to repay interest-bearing debts, etc. The above proposals have all been reviewed by the board of directors and submitted to the shareholders' meeting for consideration.