Bidding Announcement of Bulk Carrier “YANGZE 12”

Entrusted by the transferor (the “Seller”), our company (the “Bidding Company”) is scheduled to hold an online public bidding (the “Bidding”) on the Shipbid website (www.shipbid.net) from 16:00 to 16:30 (Beijing Time) on December 2nd, 2026 (the “Bidding Day”), which is hereby announced as follows:

(All the information and data in reference to the Vessel provided in this Announcement, the Special Provisions as well as its Annexes (if any), are for reference only.)

2.2 The Starting Price is USD 22.18 million; Bidding Deposit: USD 1.50 million (or RMB 10.00 million). The Bid Increment shall be in an integer multiple of USD 20,000.

2.3 This Bidding shall be priced in USD. If the Buyer pay the Bidding Deposit in RMB, the Buyer shall, within three (3) Banking Days after signing the Auction Confirmation, remit the USD-denominated Bidding Deposit into the designated Escrow Account for this transaction. The Bidding Company shall, within two (2) Banking Days after the Escrow Account receives such USD Bidding Deposit, refund the RMB Bidding Deposit previously paid by the Buyer via the original payment channel (without interest).

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