CSSC Holdings(SH:600150) Zhong Guo Xin Wen Wang·2025-11-25 11:11Core Viewpoint - The delivery of the LNG carrier "Qingcheng" marks a significant achievement for Hudong-Zhonghua Shipbuilding, setting a new record for LNG ship deliveries in China this year with a total of 9 vessels delivered [1][3]. Group 1: Company Achievements - Hudong-Zhonghua has delivered the 7th large LNG ship for the COSCO Shipping and PetroChina national LNG transportation project [1]. - The "Qingcheng" vessel is 295 meters long, 45 meters wide, and has a service speed of 19.5 knots, featuring low evaporation rates and energy consumption [1]. - The ship utilizes the latest generation of dual-fuel low-speed propulsion systems and has optimized the matching of "ship, engine, and propeller," resulting in a 1.25% reduction in main engine power and further lowering fuel consumption [1]. Group 2: Industry Collaboration - The project involves collaboration among COSCO Shipping Energy, PetroChina, Hudong-Zhonghua, and Kunlun Jinzu, establishing a benchmark project for RMB financing in LNG transportation [3]. - The project has successfully implemented a full-chain RMB settlement for chartering, shipbuilding, and financing, contributing to the financial ecosystem of the LNG industry [3]. - Hudong-Zhonghua has completed the first two phases of the project, delivering six LNG vessels named "Shaolin," "Wudang," "Kunlun," "Emei," "Huashan," and "Kongtong" [3].