Shenghang Co., Ltd.: The Company Adheres to Self-Value Creation

Securities Star News: Shenghang Co., Ltd. (001205) responded to investor questions on the investor relations platform on March 20.

Investor: Does the company’s management pay attention to the stock performance in the secondary market? As of March 19, 2026, the controlling shareholder’s acquisition price of Shenghang shares has dropped by 30%. Does Wanda Holdings, the controlling shareholder, have any phone inquiries about the stock price and company operations?

Shenghang Co., Ltd. Secretary: Dear investor, hello! Thank you for your concern about the company. The company’s controlling shareholder, board of directors, and management team always attach great importance to the interests of all shareholders and closely monitor stock performance and company operations. The company adheres to creating its own value, continuously focusing on its main business, and working on improving the quality of the listed company, enhancing information disclosure, strengthening investor relations, and continuously improving core competitiveness and service capabilities to promote the intrinsic value of the company. The trading price in the secondary market is influenced by multiple factors such as macroeconomic conditions, policy environment, industry cycles, and market sentiment, and is uncertain. Investors are advised to be aware of investment risks. Thank you!

Investor: How can we break free from this situation of daily declines and new lows? How many ships in the company’s fleet are over 10 years old?

Shenghang Co., Ltd. Secretary: Dear investor, hello! Thank you for your concern about the company. According to the ship registration certificates, as of the end of 2025, the company (including subsidiaries) has a total of 33 ships over 10 years old. The company utilizes inspection windows such as intermediate and special inspections to carry out necessary equipment repairs and maintenance on this batch of ships, ensuring their good operational condition. At the same time, the company will optimize the fleet structure through capacity replacement, disposal, and new ship construction based on the actual condition of the ships, promoting the fleet towards high-end, digital intelligent, and green low-carbon development. Thank you!

The above content is compiled from publicly available information by Securities Star, generated by AI algorithms (Network Information Calculation Backup 310104345710301240019), and does not constitute investment advice.