NBOSCO(SH:601022) Ge Long Hui A P P·2025-10-21 08:35Core Viewpoint - Ningbo Ocean (601022.SH) has received necessary approvals for its overseas investment project in Singapore, with a total investment of 1.194 billion RMB [1] Group 1: Investment Approvals - The company has obtained the "Overseas Investment Certificate" from the Ningbo Municipal Bureau of Commerce and the "Overseas Investment Project Filing Notice" from the Ningbo Municipal Development and Reform Commission [1] - The project has a total investment amount of 1.194 billion RMB [1] Group 2: Project Execution - Ningbo Ocean has completed the local registration procedures for its Singapore subsidiary, Ningbo Ocean (Singapore) Co., Ltd. [1] - The company has signed four tripartite contracts for the construction of container ships with China Shipbuilding Huangpu Wenchong Shipbuilding Co., Ltd. and China Shipbuilding Industry Trade Co., Ltd. [1] - Each contract involves the construction of one 2700 TEU (36,900 deadweight tons) container ship, with each contract valued at 296 million RMB, totaling 1.184 billion RMB for all four contracts [1]