Entrusted by the transferor (the Sellers), we have decided to hold a public bidding on www.shipbid.net from 10:00 to 10:30 (Beijing Time) on September 17th, 2025.

1. Bidding Object:

MV “GUO NING 3”, Bulk Carrier;

PoR: Rizhao, China;

Class: ZC;

Trading Area: A1+A2;

GT/NT: 10720/6003;

LOA: 149.18m; MLB: 21.00m; MLD:11.70m;

DWCC: 16958t@ loaded draft 8.650m;

Lightship Displacement: 4258.930t;

Cargo Hold No.: 3H/3H; Grain Capacity: 21973.25m3;

M/E: WUXI ANTAI X8320ZC4B-1, 2941kW@625r/min x 1 set;

Built Time: November 19th, 2008;

Builder: Taizhou Jiaojiang Yanhai Shipbuilding Factory;

Note: The Vessel is in the service. Last annual inspection time: November 2024; Next annual inspection time: November 2025.

(All the information and data refer to the Vessel provided in this Announcement, Special Provisions as well as the attachments are for reference only.)

2.Bidding rules:

2.1 This bidding will be held without a reserved price. If fewer than two bidders participating in the bidding, the auction will be cancelled upon the expiration of the announcement period; If there are two or more bidders participating in the bidding, the potential Buyers of the Vessel will be carried out by bidding. No one has the preemptive right to the transfer of Vessel.

2.2 The Starting Price is RMB 15.80 million; The Bidding Deposit is RMB 1.50 million (or USD 0.22 million); Bid increment is a multiple of RMB 0.02million.

2.3 The bidding time will enter into Extension Bidding Cycle from 10:25 (Beijing Time) on the Bidding Day after the bidding officially starts. And the countdown timer will be automatically refreshed to 5 minutes once a new bidding price offered during the Extended Bidding Period.

2.4 The Bidding Deposit of the unsuccessful bidders shall be returned within two (2) Banking Days after the bidding without interest.

2.5 If the successful bidder/Buyers (the “Buyers”) is an overseas enterprise, he has the right to use US dollars as the settlement currency with the middle rate published by Bank of China on the Bidding Day. The final price of bidding will be deemed to be the Purchase Price if the Buyers decides to pay with cross border RMB.

2.6 The time of this auction activity shall be subject to Beijing time. “Banking Days” are days (which is not a Saturday or Sunday) on which banks are open for general business in China (unless otherwise expressly stated).

3.Registration requirements:

3.1 Registration is available from the date of this Announcement and ends before the auction starts (subject to the receipt of bidding deposit, the completion of online registration and the receipt of the bid number plate obtained on the platform. It is recommended that bidders pay the deposit 3-5 Banking Days in advance in order to avoid any issues resulting in missing the auction). After successful registration, the bidders shall be deemed to have fully known, accepted and complied with the contents of this announcement, bidding rules, special provisions, attachments and relevant agreements.

3.2 Any natural persons with full civil capacity in China and corporation or organization in and outside of China with legally existing may participate in this bidding.

The bidders must ensure that they are not subject to sanctions imposed by China, the United Nations, the European Union, or the United States, and have the ability to make and receive payments in US dollars (during the bidding or after the bidding, bidders must provide relevant explanations or proof materials according to reasonable needs).

3.3 The bidders shall submit the following documents for registration (including but not limited to):

(1) For domestic bidders:

营业执照扫描件（加盖公章）

法定代表人身份证扫描件（加盖公章）

经办人身份证扫描件及授权委托书（如有，需加盖公章）

《参拍承诺书》（详见附件）

竞拍保证金付款凭证

(2) For overseas bidders:

Certificate of Incorporation

Articles of Incorporation

Copy of Director’s Passport

Undertaking for Bidding (please find the wording in the Supplement)

Bank slip of bidding deposit

4. Inspection of the Object:

Inspection is to be determined, please contact with the bidding company for details.

Intended bidders may inspect the Vessel within the stipulated time. All the expenses, risks and responsibilities of the inspectors during the process shall be borne by the potential bidders. The bidding company and the Sellers shall only be responsible for coordination work. Potential bidders who fail to participate in the on-site inspection yet complete the registration procedure within the prescribed inspection time shall be deemed to have recognized and accepted the status quo and defects of the Vessel, including but not limited to all known and unknown defects related to the vessel certificates and the vessel condition, etc. Potential bidders shall not object to defects, such as the quality, of the Vessel for any reason.

5. Account of Bidding Company:

(1) RMB Acct.：

Beneficiary: 浙江拍船网航运交易股份有限公司

Account No.: 3420020010120100378739

Beneficiary Bank: 浙商银行舟山分行

(2) USD Acct.：

Beneficiary: Zhejiang Shipping Exchange Co., Ltd.

Beneficiary Address: 6th Floor, Zhoushan Bulk Commodity Exchange Center No. 555 Wengshan Road Lincheng, Zhoushan City, Zhejiang, P.R. China

Account No. : 3420 0200 1142 0100 0321 30

SWIFT (Beneficiary Bank): ZJCBCN2N

Beneficiary Bank: China Zheshang Bank

Beneficiary Bank Address: No.88,Lv Dao Road, Dinghai Dist., Zhoushan City, Zhejiang Prov., P.R. China

Remittance Reference: GUO NING 3

6.Contacts:

Ms. Wang: +86 18267365565/ 0086-580-2038333

Ms. Lin: +86 13646696072/0574-87243887

E-mail: [email protected]

Website: https://www.shipbid.net:89/nae1

Source: Shipbid