Yangzijiang Financial Plans Maritime Spin-Off to Boost Growth

SINGAPORE, May 3, 2025 – In a strategic move aimed at sharpening its business focus and unlocking new growth opportunities, Yangzijiang Financial Holding Ltd. (“Yangzijiang Financial”) has unveiled plans to spin off its maritime investments arm into a newly incorporated entity. The proposed spin-off will see the maritime business listed separately on the Mainboard of the Singapore Exchange (SGX), paving the way for more targeted capital deployment and operational independence.

The newly established entity, to be known as the “Spin-off Group,” will function as a standalone maritime investment platform. With a core focus spanning the full spectrum of the maritime value chain—from ship finance leasing and brokerage to broader strategic investment participation—the Spin-off Group aims to position itself as a key player in one of the world’s most vital industries.

Heading the new venture will be Mr. Ren Yuanlin, a seasoned figure in the global shipbuilding and maritime sectors. Under his leadership, Yangzijiang Financial has significantly bolstered its maritime investment portfolio, with revenue from the segment more than doubling in FY2024. Mr. Ren, who currently serves as Executive Chairman and CEO of Yangzijiang Financial, expressed confidence in the decision, calling it a “natural evolution” of the Group’s long-term growth strategy.

“Our maritime business is ready to stand on its own, backed by strong fundamentals and a clear vision for expansion,” said Mr. Ren. “By separating our maritime segment from Yangzijiang Financial’s broader investment platform, we’ll unlock more value for our shareholders and gain the agility to pursue sector-specific growth more effectively.”

The Group’s remaining operations, referred to as the “Legacy Group,” will continue to focus on fund management, diversified asset investments, and financial operations. With Singapore as its strategic base, the Legacy Group will look to deepen its footprint across Southeast Asia’s dynamic investment landscape—leveraging the region’s evolving financial ecosystem to seize new opportunities.

According to the Group, the spin-off is intended to proceed by way of introduction on the SGX, subject to all necessary regulatory, board, and shareholder approvals. The transaction is currently in the exploratory phase, with completion anticipated within the next 6 to 12 months. SAC Capital Private Limited has been appointed as the financial adviser and issue manager for the proposed listing.

From a strategic standpoint, the spin-off is expected to streamline operations for both business units, enabling sharper governance, faster decision-making, and more focused capital-raising efforts tailored to each segment’s unique growth trajectory.

With this structural shift, Yangzijiang Financial seeks to not only enhance long-term shareholder value but also respond proactively to changing market dynamics—creating businesses that are both resilient and poised for scalable growth.

Further details and updates will be communicated to stakeholders in a timely manner through SGXNET, in keeping with the company’s commitment to transparency throughout the listing process.