We further broadened our ship management capabilities and began to provide shipbuilding supervision services in 2019 which is in line with our ongoing commitment to provide our customers with comprehensive shipping solutions addressing their evolving shipping needs.

Our shipbuilding supervision services generally cover the provision of initial feasibility analysis and review of vessel blueprints, professional consultations during the shipbuilding as well as technical evaluations and ongoing support services during the course of the shipbuilding process. We have also obtained the Equipment Supervision Unit Certificate with respect to our shipbuilding supervision services from the China Association of Plant Engineering Consultants and achieved Grade A status since November 2021. As of December 31, 2023，we have been engaged to provide shipbuilding supervision services for more than 150 shipbuilding projects of various types.