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YANGZIJIANG MARITIME DEVELOPMENT LTD. Capital/Financing Update 2026

Feb 28, 2026

68361_rns_2026-02-28_4e33742a-e220-4899-9acf-13953c087730.pdf

Capital/Financing Update

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YANGZIJIANG MARITIME DEVELOPMENT LTD.

(Company Registration No. 202518296E) (Incorporated in the Republic of Singapore on 28 April 2025)

SAC Capital Private Limited is the Issue Manager for the listing of Yangzijiang Maritime Development Ltd. on the Main Board of the Singapore Securities Exchange Trading Limited by way

ANNOUNCEMENT PURSUANT TO RULE 706A OF THE SGX-ST LISTING MANUAL

The board of directors (the “ Board ”) of Yangzijiang Maritime Development Ltd. (the “ Company ”, together with its subsidiaries, the “ Group ”) wishes to announce the incorporation of the following associated companies and the Group’s subscription of equity interests therein during the financial year ended 31 December 2025, pursuant to Rule 706A of the Listing Manual of Singapore Exchange Securities Trading Limited (the “ Listing Manual ”).

1. Incorporation of Associated Companies[1]

The Group, through Jiangsu New Yangchuan Maritime Development Co., Ltd., the Company’s wholly-owned subsidiary in the People’s Republic of China (“ PRC ”), entered into cooperation arrangements with independent third parties to incorporate the following companies in the PRC. The Group subscribed for equity interests in these companies by way of capital contribution as set out below, and the companies are accounted for as associated companies of the Group.

Company Name Place of
Incorporation
Principal
Activity
Effective
Interest
Held by
the Group
Amount of
Capital
Contribution by
the Group
Jiangxi Tongdu Green
Shipping Technology
Co., Ltd.2
PRC Maritime-related
business
20% RMB 16,000,000
Jiangsu Yangzi
Lanfeng Offshore
Engineering Co., Ltd.3
PRC Maritime-related
business
15%* RMB 3,750,000
Jiangxi Pi Shipping
Technology
Development Co.,
Ltd.4
PRC Maritime-related
business
35% RMB 17,500,000

*Notwithstanding the 15% equity interest which falls outside of the threshold to be considered an “associated company” ascribed to it under the Listing Manual, the Group is able to exercise significant influence over Jiangsu Yangzi Lanfeng Offshore Engineering Co.,

1 In this announcement, “associated company” shall have the same meaning ascribed to it under the Listing Manual.

2 English name of 江西铜都绿色航运科技有限责任公司.

3 English name of 江苏扬子蓝锋海洋工程有限公司.

4 English name of 江西圆周率船舶科技发展有限公司.

Ltd. by virtue of board representation and/or other contractual rights and, accordingly, the investment is treated as an associate.

The above capital contributions were made by way of subscription for equity interests, have been fully paid, and were determined with reference to the registered capital and agreed equity interests of the respective associated companies. The incorporations and capital contributions were funded through internal resources and are not expected to have any significant impact on the earnings per share and net tangible assets per share of the Group for the financial year ended 31 December 2025.

None of the Directors, substantial shareholders or controlling shareholders of the Company has any interest, direct or indirect, in the incorporations other than through their respective shareholdings and directorships in the Company, as the case may be.

Yangzijiang Maritime Development Ltd.

Ren Yuanlin Executive Chairman and Chief Executive Officer

28 February 2026