In the afternoon of April 14, the "MSC LORETO," a super large container ship with a capacity of 24,000 TEU, builtby Yangzi Xinfu Shipyard, a subsidiary of our group, for Bank of China Leasingand Mediterranean Shipping, was successfully delivered and commencedoperations.

The 24,000 TEU super large container ship representsa new generation of vessels with the highest carrying capacity within ourgroup. It has been custom-designed, researched, developed, and constructed tomeet the operational requirements of our customers. The actual containercarrying capacity is 24,346 TEU. There are a total of six ships of the sametype, all built by Yangzi Xinfu Shipbuilding Co., Ltd. This delivery marks thesecond vessel of this type to be completed.