Jianglong Shipbuilding: Directors Zhao Shenghua and Gong Chongying propose to reduce their holdings by 1% and 0.7471% respectively.

Jianglong Boat Announcement: Director Zhao Shenghua holds 18,553,600 shares, accounting for 4.9127% of the total shares. It is planned to reduce holdings by no more than 3,776,700 shares, accounting for 1.0000% of the total shares through centralized bidding or block trading within 3 months after 15 trading days from the announcement date. Gong Zhongying, a concerted action person, holds 11,286,800 shares, accounting for 2.9886% of the total shares. It is planned to reduce holdings by no more than 2,821,700 shares, accounting for 0.7471% of the total shares during the same period through the above-mentioned methods. The source of the shares to be reduced is from bonus shares and capital reserve transfer of shares issued before the initial public offering.