Zhongshan Shipping: Subsidiary signs a long-term charter agreement for newly built vessels worth approximately 721 million yuan.

The announcement from China Merchants Industry Holdings states that on April 24, 2026, the company's board of directors approved its wholly-owned subsidiary to lease three and two new multi-purpose vessels with a deadweight tonnage of 84,500 tons from CMB Financial Leasing and China Merchants Leasing, respectively. The lease term is three years, with a total rental amount of approximately 721 million yuan for the five vessels over three years. On May 14, this related leasing matter was approved by the shareholders' meeting. Recently, the subsidiary signed "Long-Term Charter Agreements" with both parties.