Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12

Yangtze River New Silk Road International Logistics (Hubei) Group Co., Ltd., part of the Hubei Port Group, has a reputation for honoring its agreements and maintaining strong business relationships. Their involvement in various strategic projects and partnerships in the Yangtze River Delta region indicates a consistent commitment to their agreements.

For instance, the Yangtze River Delta region has seen substantial foreign investment and industrial collaboration facilitated by organizations like Yangtze River. Companies such as AstraZeneca and Wacker Chemie AG have successfully collaborated with local entities, suggesting a stable and reliable business environment fostered by regional stakeholders

Moreover, Yangtze River’s integration into large-scale logistics and trade networks, such as the G60 S&T Innovation Valley, further underscores their capability and reliability in managing and executing extensive logistical operations

Given this context, while the non-binding nature of the agreement with Aumake Limited introduces some uncertainty, Yangtze River's historical performance and strategic significance in the region provide a strong foundation for confidence in their commitment to this deal. Continuous monitoring of the formalization process and subsequent developments will be essential to gauge the execution of the agreement