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COMPANY PROFILE

Fujian Highton Development Co., Ltd. (hereinafter referred to as "Highton Development" or "Company"), established in March 2009. Since its establishment, it has always focused on engaging in domestic coastal and international ocean dry bulk shipping business. After years of accumulation, the company has developed into one of the enterprises with strong market competitiveness in the domestic private dry bulk shipping industry. On March 29, 2023, Highton Development was listed on the Shanghai Stock Exchange, with the securities abbreviated as "Highton Development" and coded as "603162"

In terms of domestic coastal shipping, the company mainly transports coal, and has become one of the leading private shipping enterprises in terms of service capabilities on the route from the Circum-Bohai Bay to the Yangtze River Port. At the same time, it is also actively expanding the transportation business of ore, water slag and other dry bulk cargoes. In terms of international ocean shipping, the routes of the company cover over 300 ports in over 80 countries and regions, providing customers with shipping services for various goods such as ore, coal, and fertilizers, etc.

COMPANY PROFILE

HIGHTON

The company has newly acquired 17 bulk carriers and put them into operation in 2024, expanding its operations from the initial focus on Supramax bulk carriers to a comprehensive fleet encompassing Supramax, Panamax, and Capesize vessel types. As of the end of December 2024, the company's fleet consists of 48 self-operated bulk carriers (including 46 self-owned ships and 2 bareboat chartered ships), 14 long-term chartered bulk carriers (ships chartered in for 1 year or longer), and 3 tankers, with the total capacity of its bulk carriers alone exceeding 3.37 million DWT, ranking amongst the top domestic enterprises engaged in dry bulk cargo transportation. The company has established a full-type bulk carrier fleet mainly consisting of 51,000 and 57,000 DWT Supramax bulk carrier. Its self-owned ships are relatively new and of a unified type, which effectively ensures the turnover rate and logistics efficiency. With excellent transportation capacities, refined cost management, and efficient customer service, the company has established long-term and stable cooperative relationships with many well-known domestic and foreign enterprises.

Highton Development is a member of the "China Coastal (Bulk) Freight Index Compilation Committee" of the Shanghai Shipping Exchange. It has been awarded the "Advanced Group of Pingtan Comprehensive Pilot Zone for the Contribution on Openness and Development" and "Excellent Private Enterprise" by the Pingtan Comprehensive Pilot Zone Management Committee of Fujian Province.

HIGHTON

The company deeply delves into the field of dry bulk shipping, with the corporate mission of "being committed to the ocean, and striving to strengthen China's shipping industry". Adhering to the corporate spirit that "the aspirant with a broad mind will succeed", the company has established the values of "hard work, accountability, collaboration, and innovation". It persists in maintaining the standards while simultaneously improving, ensuring safety and enhancing efficiency. Meanwhile, the company actively integrates into the customer value chain and strives to create value for customers. With unremitting efforts, the company aims to achieve the vision of "focusing on shipping as its main business, expanding the shipping industry chain, and building a well-known international shipping brand".

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Aiming at the ocean

Create value for customers and realize dreams for strivers

Taking shipping as the main business to expand the shipping industry chain

Honesty · Hocus · Cooperation · And win-win

Partnership,Shared skills; Based on morality, Performance first

With a broad mind as the sea, with a ambition lead to success

About HIGHTON

COMPANY PROFILE

COMPANY PROFILE

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