Ningbo Ocean announced that the board of directors of the company reviewed and passed the bill and agreed to use 885 million yuan to raise capital to invest in the wholly-owned subsidiary Ningbo Ocean Shipping Co., Ltd. to implement a container ship purchase and fund-raising project. The corresponding investment amount is all included in the capital reserve. The remaining investment will be raised by the company with its own or self-funded funds, and the investment will be implemented in batches in line with the progress of the project. The matter does not involve a related transaction, does not constitute a major asset restructuring, and does not need to be submitted to the shareholders' meeting for consideration. The sponsor, Zheshang Securities, had no objection to the matter.

Ningbo Ocean announced that the board of directors of the company reviewed and passed the bill and agreed to use 885 million yuan to raise capital to invest in the wholly-owned subsidiary Ningbo Ocean Shipping Co., Ltd. to implement a container ship purchase and fund-raising project. The corresponding investment amount is all included in the capital reserve. The remaining investment will be raised by the company with its own or self-funded funds, and the investment will be implemented in batches in line with the progress of the project. The matter does not involve a related transaction, does not constitute a major asset restructuring, and does not need to be submitted to the shareholders' meeting for consideration. The sponsor, Zheshang Securities, had no objection to the matter.