Bidding Announcement of Floating Crane “SHUN TAI 106”

On October 30th, 2026, the Bidding Company plans to hold an online public bidding for a floating crane named "SHUN TAI 106" on the Shipbid website from 10:00 to 10:30 Beijing Time. The main crane features a fixed type with a capacity of 3,000 tons and a mean draft of 4.80 meters. This announcement outlines the bidding process, reserve price, bidding deposit, and other relevant details.

To participate in the bidding, potential bidders must register on the bidding website before the Bidding Day and successfully complete the registration process with a Bidding Deposit of CNY 2,000,000 (or USD 300,000). The bidding deposit is refundable within two Banking Days after the bidding concludes for unsuccessful bidders. The final bid must reach the reserve price for the sale to be concluded; otherwise, the sale will not proceed.

Buyers can be either domestic or overseas, including natural persons and enterprises legally existing within or outside China. Domestic buyers are those with a habitual residence within China (excluding Hong Kong, Macao, and Taiwan), while overseas buyers are enterprises or organizations registered and established outside China. The buyer's qualification for participation is subject to final verification by the Auctioneer or Principal.

Overseas bidders must ensure they are not subject to any relevant sanctions imposed by China, the United Nations, the European Union, the United Kingdom, or the United States. They are also responsible for completing necessary formalities related to foreign exchange administration, cross-border capital flows, and administrative approval procedures in accordance with the provisions of national and local competent authorities. The payment route, time lag, and cross-border risks are borne by the buyer.