CDB LEASING(01606): Entering into a Shipbuilding Contract Amendment Agreement.

CDB LEASING (01606) issued an announcement that the company's two wholly-owned special purpose companies (as buyers) and the original buyer (Shun Gao Shipping Limited) and sellers (Jiangsu Su Hao Innovative Technology Group Limited, Shuntian Shipbuilding (Yangzhou) Limited) have reached an agreement on the update of the shipbuilding contract on November 18, 2024. According to the agreement, the seller agrees to build and sell the vessels to the buyer, and the buyer agrees to purchase the vessels, at a price not exceeding 67 million US dollars. The vessels involved in this agreement are two bulk carriers. The update of the shipbuilding contract was entered into by the company in the normal course of business. Signing this agreement will leverage the strengths of all parties and increase the company's market share in the shipbuilding market, aligning with the company's business development strategy.