Nanjing Shenghang Shipping Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Basic Situation of the Litigation
Due to a collision involving the Company's "Shenghang 003" vessel near VamCo Biochemistry Port in Vietnam with a dock owned by Siam City Cement (Vietnam) Limited (hereinafter referred to as "Siam"), the Company was sued by Siam in the People's Court of Dong Nai Province, Vietnam. For specific details, please refer to the announcements published on the Giant Tide Information Network (www.cninfo.com.cn) on April 9, 2024, June 4, 2024, October 11, 2024, June 11, 2025, November 26, 2025, and January 14, 2026, regarding the litigation matters (Announcement No. 2024-057, 2024-094, 2024-147, 2025-044, 2025-073, 2026-003).