Gelonghui, March 20, 丨 Guolian Fisheries (300094.SZ) announced that on June 13, 2023, Zhanjiang Guolian Fisheries Development Co., Ltd. disclosed the “Notice on Signing a Memorandum of Understanding with Public Investment Fund Asia Division [Saudi Sovereign Wealth Fund Asia]” (Notice No.: 2023-029), the company and Public Investment Fund Asia Division [Saudi Sovereign Wealth Fund] [Asia Region] (“PIF” for short) The two sides signed a Memorandum of Understanding based on long-term good cooperation and mutual trust.

The original MOU was signed as an intentional agreement reached through friendly negotiations between the company and PIF. After the memorandum of understanding was signed, the two sides actively communicated on follow-up cooperation, but up to now, the two sides have not reached a substantive formal agreement. Now, according to the actual situation, the two sides have agreed to terminate the agreement through consensus between the two parties.