SONGFA(SH:603268) Bei Jing Shang Bao·2025-10-09 09:20Core Points - *ST Songfa announced the signing of contracts for the construction of 6 Very Large Crude Carriers (VLCCs) with a total contract value estimated between 600 million to 900 million USD [1] - The contracts were signed with two well-known European shipowners, and specific details about the shipowners are exempt from disclosure according to relevant regulations [1] - The VLCCs are recognized as mainstream large crude oil transport vessels, characterized by high loading capacity, strong endurance, and operational efficiency [1] - The normal execution of these contracts is expected to have a positive impact on the company's future performance, enhancing its medium to long-term market competitiveness and profitability [1] - The contracts are classified as routine operational contracts, with no related party transactions involved, ensuring the independence of the company's business operations [1]