CSSC Holdings(SH:600150) Yang Shi Xin Wen·2025-10-30 04:03Core Viewpoint - The delivery of two domestically developed 17,400 cubic meter LNG carriers marks a significant advancement in China's shipbuilding industry, showcasing the country's ability to achieve key technological independence and reach international leading standards in LNG transportation technology [1][3]. Group 1: Technological Advancements - The newly delivered LNG carriers incorporate the world's first re-liquefaction system and a domestically developed exhaust gas recirculation system, which significantly reduce CO2 emissions during navigation and enhance energy efficiency [3]. - The vessels are equipped with collision avoidance systems, improving safety and reliability during operations [3]. Group 2: Market Position and Orders - The shipyard has over 50 LNG ship orders in hand and is currently constructing 24 vessels, with an expectation to deliver 11 large LNG ships this year, setting a new national record for annual deliveries [3][5]. - China has secured nearly 70% of global green ship orders, with the proportion of green ship orders at the shipyard exceeding 80%, the highest level in five years [5]. Group 3: Industry Outlook - The Chinese shipbuilding industry is positioned for a critical five years ahead, focusing on green transformation and high-quality development in response to global shipping industry changes [9]. - The industry aims to enhance its competitive edge in global industrial division through technological innovation and capacity building [11].