Bidding Announcement of MV “HUANG PU ZHENG LI 001”

Commissioned by our entrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) and Guangzhou Hang Qing Bao Auction Co., Ltd. determines to organize an online bidding for  a Pontoon Barge “HUANG PU ZHENG LI 001”. The announcement is stated as follows.

I. Description

Starting Price:RMB14,130,000.00;
Auction Deposit: RMB1,500,000.00 or USD200,000.00;
Increment：≥RMB10,000.00;

All the static information about the ships are for reference only,bidders can make inspections for the ship at the prescribed location within the announcement period.

II. Qualifications and Registration of Bidders
Any corporation inside or outside The People's Republic of China with full capacity for civil conduct and lawfully existing may participate in this bidding.No one has the preemptive right to this ship.

Interested bidders shall visit https://www.gse020.com to register a member account and become a qualified bidder.The following documents are required to upload in the process of applying for a bidding:

1.Voucher of deposit payment from the paying bank.

2.Identity documents of the bidder: scanned copies of Certificate of Incorporation, Business Profile, passport copy of Director, Power of Attorney and specimen signatures are needed.

3.ID documents, Power of Attorney and other files approved by GSE and the Entrusting Party are needed for a broker commissioned to participate.

4. All time stated in this announcement are Beijing time.
Deadline for online bidding registration: 16:00 , December 2, 2025.A qualified bidder refers to a bidder finishing the following steps and be fully aware of, accepting and complying with the contents of this announcement and the measures for the implementation of the bidding of GSE:

a)Finish registration of member account

b)Pass the identity audit

c)Remit the deposit and upload the payment voucher 

d)Deposit received by escrow account of GSE

e)Pass the bidding registration audit 

f)Get a bidding number 

Until the deadline for online bidding,if there is no intention to register with the bidder, the online bidding will not be auctioned.

III. Auction Deposit
Bidders shall remit the Auction Deposit of USD200,000.00 or RMB1,500,000.00 to GSE, and the fund should be received by the following accounts before 16:00, December 2, 2025. In principle,the name of the deposit payer should be consistent with the bidder’s name and final buyer’s name. Any bidder remitted Auction Deposit shall be deemed to be fully aware of and accepting all the known and unknown defects of the ship.
RMB Account:
BENE’s Name：Guangzhou Shipping Exchange Co., Ltd.

BENE’s Address :R701, Nansha International Talent Port Building, No.167, Haibin Avenue, Nansha District, Guangzhou China.

BENE’s Account No：736778081317

Bank Name：BANK OF CHINA GUANGDONG PILOT FREE TRADE ZONE NANSHA BRANCH

Bank Address: ROOM 101&201, MINGZHU 1ST AVENUE , HENGLI TOWN, NANSHA DISTRICT, GUANGZHOU, GUANGDONG, CHINA

SWIFT CODE：BKCHCNBJ400

Note: Deposit of MVHUANG PU ZHENG LI 001.
USD Account:

BENE’s Name：Guangzhou Shipping Exchange Co., Ltd.

BENE’s Address :R701, Nansha International Talent Port Building No.167, Haibin Avenue, Nansha District, Guangzhou, Guangdong, China.

BENE’s Account No：662678070674

Bank Name：Bank of China Guangdong Pilot Free Trade Zone Nansha Branch

Bank Address: Room 101&201,Mingzhu 1st Avenue, Hengli town, Nansha District, Guangzhou, Guangdong, China

SWIFT CODE：BKCHCNBJ400

Note: Deposit of MVHUANG PU ZHENG LI 001.
Any bidders failed to remit the Auction Deposit as required will be deemed as invalid bidders. The bid winner is called the“Buyer”. The Auction Deposit paid by the Buyer will be automatically converted into a performance security after the Memorandum of Agreement(MOA) is duly signed. Unsuccessful bidders’ Auction Deposits will be refunded in full amount free of interest within three working days upon the Buyer’s winning the bidding. In the event that the transaction between the Buyer and the Seller is suspended or terminated and disputes arises, GSE shall hold the Auction Deposits until it is paid in accordance with a settlement agreement between the parties, or a final enforceable court judgment, or an arbitration award.

IV. Bidding Time and Rules

The whole bidding process is consisted of a fixed time bidding and the extension time bidding. The fixed time bidding:10:00 to 10:30, 3 December, 2025，the extension time bidding begins from 10:30. The last valid bidder shall be the “Purchaser”. The termination of this bidding come in to force when no bidder bids before the countdown runs out.

This online bidding is organized at

https://www.gse020.com/#/vesselbidding by GSE. The first bid shall not be lower than the starting price, the increment of this bidding is RMB10,000. The countdown shall automatically restart from 4 minutes when a bidder bids in the extension time bidding stage. At the end of countdown, the latest bidder who offers the highest price shall become the Purchaser.

The server time of https://www.gse020.com/#/boatbidding is deemed as the official time of this bidding. GSE and the Entrusting Party assume no responsibility when reasons lead to the failure of bidders participating in the bidding due to personal time inconsistency, terminal device or network failure.

GSE and the Entrusting Party assume no responsibility when website abnomaly and suspension of bidding occurs due to force majeure or (and) the cause of third party. GSE will release a supplement announcement for the suspension of bidding. A new bidding announcement will be released after the website service comes back up.

V.Bidding Result Confirmation and Contract Signing

After the bidding is over, the winning party must sign the "Bidding Transaction Confirmation" by email on the day the bidding result is produced. After the winning party signs the bidding transaction confirmation, they should sign a ship sales contract with the entrusting party as soon as possible. If the winning party refuses to sign the bidding transaction confirmation or the ship sales contract, it is considered a breach of contract, the deposit will not be refunded, and the winning party must also bear the legal responsibility for compensating for the loss. Guangzhou Shipping Exchange Co., Ltd. and Guangzhou Hangqingbao Auction Co., Ltd. have the right to re-organize the bidding. The winning party should bear the expenses incurred by the re-organization of the bidding. If the transaction amount of the re-organized bidding is lower than the original bidding result, the difference shall be paid by the winning party.

VI. Commission
The Buyer shall pay the commission of this bidding at 3% of the purchase price ,the payment must be remitted to GSE in full five working days prior to the delivery .

After the winning party and the entrusting party sign the ship handover certificate, they should provide relevant materials to the Guangzhou Shipping Exchange within 3 working days to handle the ship transaction certification procedures. The winning party should pay the ship transaction certification fee to the GSE.

VII. The Payment
After signing the Memorandum of Agreement, the Buyer shall pay the full transaction price in accordance with the terms of the MOA. Overdue payment will be deemed as default. The Buyer shall not be entitled to demand the refund of the Auction Deposit.

VIII. Ship Delivery and Acceptance

The delivery time of the subject ship shall be no earlier thanDecember 6, 2025, and no later than December 31, 2025, The delivery of the vessel shall be made at a port in Fujian Pingtan, China, with the port to be selected by the seller on basis of “as is, where is”. Before signing the ship handover certificate. The Buyer shall pay the full transaction amount and other related charges to the escrow account before signing the Protocol of Delivery and Acceptance (PODA).

IX.Ship Invoice

Final price not including tax.The seller issues a full 13% invoice, invoice tax andall taxes and fees arising from the transfer shall be borne by the Buyer.If the ship needs to be exported, the Buyer shall be responsible for the export procedures and pay all the expenses related. The Seller shall only be responsible for providing necessary documents and cooperating with the relevant procedures.

X.Bunkers 

The remaining fuel is not included in this bidding. The amount of fuel shall be jointly measured by the Seller and the Buyer on the day of delivery. The value of the remaining fuel is subject to the invoice price of the latest bunkering of this ship,the price of the fuels do not include taxes, any taxes or fees incurred shall be on Buyer’s account. The Buyer shall remit the value of remaining fuel in full amount to the Seller's designated account no later than the delivery day.

XI.Risks and Responsibilities

All expenses and custodial responsibility related to the ship is for the Seller before the signing of PODA. After signing this PODA, all the expenses, custodial responsibility and risks of the ship will be borne by the Buyer.

XII. Disclaimer

Delivery status:"as is, where is" by time of delivery.

All description, video and pictures provided about the ship is for reference only, GSE and Hang Qing Bao Auction Co.,Ltd. does not constitute any guarantee for the ship.

The Entrusting Party sells vessel on the basis of “as is, where is” at the time of delivery basis. A bidder remits Auction Deposit to GSE is deemed as fully understood all the circumstances of the ship, including but not limited to certificates, status and all known and unknown defects of the ship. Bidders shall not be entitled to demur to the quality and defects of the ship with any reason.

Obstructing other bidders from bidding, manipulating or monopolize the bidding price and collusion of bidders are prohibited. Once discovered, the bidder will be disqualified, investigated, and affixed legal liabilities.

GSE Hang Qing Bao Auction Co., Ltd., the Entrusting Party and the Winning Bidder may negotiate matters not mentioned herein.

This announcement is described in both Chinese and English. If any discrepancy occurs between the two languages, the Chinese version shall prevail.

XIII.Delivery

Inspection Time: During the listing period;

Inspection place: berthing place during the listing period (advance reservation is required). 

XIV. Contact

Ms.Bi: +86 18613076955, biyu@gse020.com

Ms.Cai:+86 18802003831,cxy@gse020.com

Here by notice.

Guangzhou Shipping Exchange Co., Ltd.

Guangzhou Hang Qing Bao Auction Co.,Ltd.

November 19, 2025

— END —

点击下方“阅读原文”进入广州航运交易平台注册会员，参与竞价