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AGREEMENT SIGNED - DISPOSAL OF A VESSEL

The Board of Jinhui Shipping and Transportation Limited (the 'Company')
announces that a wholly-owned subsidiary of the Company entered into a
memorandum of agreement on 6 March 2026 for the disposal of a vessel at
consideration of US$23,455,000.

The announcement is also available on the website of the Company at
http://www.jinhuiship.com.

For details, please see attachment on http://www.newsweb.no.