China Marine Information Electronics' Shareholder and Party Acting in Concert Plan to Unload Stake

China Marine Information Electronics Company Limited is a China-based company principally engaged in the research, development and manufacture of electronic products and ballast water power supplies, as well as the provision of testing and testing services. The Company’s main products include electronic products, such as underwater information transmission equipment, underwater weapon system special equipment, automotive electronic supporting products and electronic control products of cigarette machines, as well as ballast water supplies, such as a series of marine special power supply products. The Company also provides testing and testing services for related electronic equipment, which include technical services for the environment and reliability test of military electronic equipment and marine electrical equipment. The Company operates its businesses in domestic market.