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Zhonggu Logistics: Plans to sign construction contracts for 10 1,800 TEU container ships, with the total contract amount not exceeding 2.7 billion RMB.
Zhonggu Logistics Announcement: The company or its subsidiaries intend to sign a contract with Changhang Group Wuhan Qingshan Shipyard Co., Ltd. for the construction of 10 container ships of 1,800 TEU, with the total contract amount not exceeding 2.7 billion RMB. The company’s current investment in shipbuilding aims to create an economical and highly competitive container shipping fleet, continuously enhance the company’s competitive advantage, strengthen profitability and sustainable development capabilities, and generate greater value for shareholders, in line with the company’s future strategic plan. This investment in shipbuilding will not adversely affect the company’s financial position, main business, or ongoing operational capabilities, and there are no circumstances that harm the interests of the company and its shareholders.