Shares of Dajin Heavy Industry Co.,Ltd. (ASX: 01081) surged sharply in afternoon trading, gaining nearly 20%. At the time of writing, the stock was up 12.72% to HK$35.7, with a turnover of HK$104 million.

Contract Announcement Details

The company has announced that its subsidiary, Tangshan Dajin Offshore Marine Engineering Co., Ltd., has entered into a shipbuilding contract with a Greek shipowner. The contract is for 3+1 bulk carriers, with a total value equivalent to approximately RMB 2.1 billion. This significant order is seen as international recognition of the company's shipbuilding capabilities and is expected to positively impact its future operational performance.

Company Background and Operations

Public information indicates that Dajin Heavy Industry is a leading global supplier of core equipment for offshore wind power, providing major international offshore wind developers with a one-stop solution for wind turbine foundation equipment encompassing construction, transportation, and installation.

Expansion into Shipbuilding

Since 2025, the company has actively pursued external shipbuilding contracts. Its order book has diversified to include various vessel types such as deck transport ships, non-powered semi-submersible barges, multi-purpose heavy-lift vessels, and dry bulk carriers.

Year-to-Date Order Value

Statistics show that the total value of shipbuilding contracts publicly disclosed by Dajin Heavy Industry since the beginning of 2026 has now exceeded RMB 10.3 billion.