Songfa Ceramics' Subsidiary Finalizes Contracts for Four Ultra-Large Crude Carriers

Stock News

Mar 05

Guangdong Songfa Ceramics Co.,Ltd. (603268.SH) announced that its subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd., has recently signed and activated contracts for the construction of four ultra-large crude carriers. The total contract value is estimated to be between $4 billion and $6 billion. The proper execution of these contracts is expected to positively impact the company's future performance, enhance its medium- to long-term market competitiveness and profitability, and further strengthen its competitive edge in the market.

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(603268.SH) announced that its subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd., has recently signed and activated contracts for the construction of four ultra-large crude carriers. The total contract value is estimated to be between $4 billion and $6 billion. 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