CSSC Holdings(SH:600150) Yang Shi Wang·2025-08-05 14:14Core Viewpoint - The construction of the second domestically produced large cruise ship "Aida Huacheng" has entered the equipment debugging and system function verification stage, with over 80% of the overall progress completed and a planned delivery date in 2026 [4][8]. Group 1: Construction Progress - The main generator of the cruise ship has officially started generating power, marking a significant milestone in the construction process [1][4]. - The project is now focusing on interior engineering and equipment system debugging to ensure the ship is launched smoothly by March 2026 and completed by the end of the year [4][6]. Group 2: Technical Specifications - "Aida Huacheng" is equipped with five high-power generators, each capable of outputting 16.8 megawatts, equivalent to the main engine power of a 100,000-ton cargo ship [3][4]. - The main generator is crucial for the ship's power distribution and propulsion systems, and its successful debugging lays a solid foundation for subsequent system tests [1][6]. Group 3: Industry Impact - The construction of large cruise ships has created a multiplier effect of 1:14 on related industries, involving over 500 global suppliers in the design and construction process [8]. - The experience gained from building two large cruise ships has enabled China to establish a standard system for large cruise ship design and construction [8]. Group 4: Market Trends and Future Plans - The global cruise market remains a significant growth area, with major European cruise builders having orders extending to 2030, indicating a need for China to enhance its cruise ship production capabilities [10][12]. - The company is actively exploring new trends and technologies to meet customer demands for future cruise ships, aiming for breakthroughs in international orders [10][12].