Entering June, the workers are busy forproduction to catch the schedule at the production site of group's shipbuildingsubsidiaries. The new ship has also entered the centralized delivery period. Today,three new vessels are delivered in a single day, respectively:

Delivery1

31800DWT Lake Bulk Carriers M / V VERILA

On June 20, YZJ group christened anddelivered the fourth 31800 DWT Great Lake Bulk Carrier to Bulgarian NavigationMaritime Bulgare.

A signing ceremony was held via videoconference at 3 p.m. on the same day under the witness of the leaders of BulgarianNavigation Maritime Bulgare headquarters, SINOSURE, Bank of China, Clarkson andother relevant guests. Mr. Nikolay Nikolov, Site Manager of Shipowner, Mr. DuChengzhong and Mr. Zhang Tao, Deputy General Manager of YZJ Group signed thedelivery documents on behalf of each party respectively. MV VERILA wassuccessfully delivered and will set sail on an auspicious day.

Delivery2

1800TEU Container Ship / WAN HAI 177

On June 20, the first 1800teucontainer ship WAN HAI 177, built by Yangzi Changbo factory of our Group forShanghai Logistics Co., Ltd., was delivered by electronic signature, and leftthe shipyard Wharf on the same day for its maiden voyage.

Delivery3

1800TEU Container Ship / M/V “SITCLIDE”

On June 20, 2022, the online Delivery Ceremony of M/V “SITC LIDE” was successfully held by SITC International HoldingsCo., Ltd. (SITC) and YANGZIJIANG Shipbuilding Group Ltd (YANGZIJIANGShipbuilding Group).

M/V “SITCLIDE” is the third of twelve 1800TEUcontainer ships built and delivered by NYZ to SITC. All parties have overcomethe impact of the epidemic, strictly controlled quality and efficiency, andcooperated closely to ensure timely and high-quality delivery of the new ship.