兴通股份，将成立一家新公司！

Core Viewpoint - The establishment of a joint venture for crew management by Xingtong Shipping and Shanghai Xingyang Shipping marks a significant step in Xingtong's international chemical shipping strategy, focusing on the critical and often underestimated capability of crew supply and safety operation systems [1][4]. Group 1: Company Developments - Xingtong Shipping has accelerated its fleet expansion, currently operating a total of 49 vessels with a combined capacity of approximately 670,000 deadweight tons, and plans to add at least 10 new stainless steel chemical tankers by 2027, increasing capacity by about 190,000 deadweight tons [3]. - The joint venture aims to build a high-quality, self-controlled crew supply system, which is essential for the successful expansion of Xingtong's fleet and international operations [3][8]. - The partnership with Shanghai Xingyang Shipping integrates specialized operational systems with crew training and management capabilities, enhancing resource allocation efficiency and safety management [4]. Group 2: Strategic Partnerships - Xingtong Shipping has recently partnered with Xiamen Xiangyu to enter the international market, acquiring a 51% stake in Hong Kong Xingyao Shipping, which includes a core asset of a 13,000 deadweight ton stainless steel chemical tanker [5][7]. - This collaboration enhances Xingtong's operational capabilities and safety management systems while leveraging Xiangyu's supply chain resources to expand its international chemical shipping footprint [7]. - The simultaneous establishment of the crew management company and the partnership with Xiangyu reflects a comprehensive strategy to enhance both platform expansion and foundational capabilities in the chemical shipping sector [8].