SONGFA(SH:603268) Sou Hu Cai Jing·2025-11-17 17:22Summary of Key Points Core Viewpoint - *ST Songfa (603268) experienced a decline of 4.5% in stock price, closing at 67.9 yuan on November 17, 2025, with significant trading activity and a notable contract announcement from its subsidiary [1][2]. Trading Information - On November 17, the main funds saw a net outflow of 28.51 million yuan, accounting for 8.81% of the total trading volume [2]. - Retail investors contributed a net inflow of 2.35 million yuan, representing 0.73% of the total trading volume [1]. Company Announcements - Guangdong Songfa Ceramics Co., Ltd.'s subsidiary, Hengli Shipbuilding (Dalian) Co., Ltd., signed contracts for the construction of two 30.6 million-ton VLCC super-large crude oil tankers and six 114,000-ton crude/product oil tankers [1]. - The total contract value is estimated to be between 600 million to 900 million USD, with delivery scheduled for the fourth quarter of 2027 and the second quarter of 2028 [1][2]. - These contracts are classified as routine operational contracts and do not require board or shareholder approval [1].