Jinhui Holdings Company Limited disclosed that, on 11 February 2026, two subsidiaries—Jinlang Marine Inc. and another indirect subsidiary—entered into separate shipbuilding contracts with Sumec Marine Co., Ltd. and its shipyard, New Dayang Shipbuilding Co., Ltd. Under the agreements, the subsidiaries will acquire two vessels, with delivery scheduled on or before 31 July 2029. The terms include refund guarantees from the seller's bank to secure the purchasers' payments should the vessels not be delivered as agreed.
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