China Shipbuilding Technology announced that its subsidiary Xiamen Shuangrui plans to develop a non-recourse accounts receivable factoring business of no more than 1 billion yuan with China Shipbuilding Factoring, which constitutes a related transaction and does not constitute a major asset restructuring. The transaction has been reviewed by the Board of Directors Audit Committee, etc., and still needs to be reviewed by the shareholders' meeting. The quota is valid for 1 year after approval by the shareholders' meeting. The amount of transactions in the same category as China Shipbuilding Factoring in the past 12 months was 50 million yuan. As of November 30, 2025, China Shipbuilding Factoring had unaudited revenue of 31.2482 million yuan and net profit of 12.091 million yuan.

China Shipbuilding Technology announced that its subsidiary Xiamen Shuangrui plans to develop a non-recourse accounts receivable factoring business of no more than 1 billion yuan with China Shipbuilding Factoring, which constitutes a related transaction and does not constitute a major asset restructuring. The transaction has been reviewed by the Board of Directors Audit Committee, etc., and still needs to be reviewed by the shareholders' meeting. The quota is valid for 1 year after approval by the shareholders' meeting. The amount of transactions in the same category as China Shipbuilding Factoring in the past 12 months was 50 million yuan. As of November 30, 2025, China Shipbuilding Factoring had unaudited revenue of 31.2482 million yuan and net profit of 12.091 million yuan.