CSSC-STC(SH:600072) Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-07-30 23:33Group 1: Marine Economy Overview - The national marine production value has surpassed 10 trillion yuan for the first time, growing by 5.9% year-on-year, accounting for 7.8% of the GDP [1] - The marine economy is becoming a new engine for economic growth, driven by the "blue economy" [2] Group 2: Marine Engineering ("Marine Engineering") - China's new ship order volume, completed ship volume, and hand-held ship order volume have all exceeded 50% of the international market share for the first time [4] - In the first quarter, the marine engineering equipment manufacturing industry saw significant growth, with new orders, delivered orders, and hand-held orders increasing by 57.1%, 114.3%, and 24.2% respectively [4] - The construction of green ship technologies is advancing, with a carbon capture system achieving over 80% CO2 capture rate [3][4] Group 3: Marine Aquaculture ("Marine Products") - The marine aquaculture sector is evolving into a modern "grain warehouse," with a 4.0% increase in marine fishery value added, reaching 488 billion yuan [6] - The average offshore distance for aquaculture has increased from 10 kilometers in 2018 to 18 kilometers currently, indicating a shift towards deep-sea and intelligent aquaculture [6][7] - The development of marine ranches is expanding, with new intelligent platforms and processing facilities being established [5][6] Group 4: Marine Renewable Energy ("Marine Wind") - The offshore wind power sector is entering a new phase of large-scale and clustered development, with a nearly 30% increase in offshore wind power generation in 2024 [9] - The marine new industries' added value has grown by 7.2% year-on-year, with significant advancements in marine pharmaceuticals and bioproducts [9] - The establishment of innovation platforms in marine engineering, offshore wind power, and marine pharmaceuticals is being actively pursued by coastal regions [9]