At 9:00a.m. of May 13, Jiangsu Yangzi-Mitsui Shipping Co., Ltd., a subsidiary of our Group,successfully delivered 82000DWT Bulk Carrier ("PROTECTOR ", under theflag of Libera) to Greek Shipowner. It has a total length of 229.00m, a length betweenperpendiculars of 225.29m, a breath of 32.26m, a depth of 20.00 m, a design draftof 12.20 m, a scantling draft of 14.45 m and classified into LR.

At 12:30noon of May 14, MV "protector" set sail for its maiden voyage. SiteManager Mr. Ioannis Ntaflos, Site representatives Mr. Savvas Efstathiou and Mr.Stefanos Kordas, and Mr. Chen Guoqiang, Deputy General Manager of Yangzi-Mitsui,leaders and staff of the production department, quality assurance department,technical department, business department and other relevant departmentsgathered at the Outfitting wharf of Yangzi-Mitsui to see off the ship.