SONGFA(SH:603268) Sou Hu Cai Jing·2026-01-01 19:38Group 1 - The stock price of *ST Songfa (603268) increased by 17.51% this week, closing at 86.29 yuan, with a market capitalization of 80.943 billion yuan, ranking 1st in the home goods sector and 210th in the A-share market [1] - The company’s subsidiary, Hengli Shipbuilding (Dalian) Co., signed a contract for the construction of a 158,000-ton crude oil tanker, valued at approximately 0.8-1 billion USD, expected to be delivered in Q1 2029 [1] - The contract is a routine operational contract and does not require board or shareholder approval, but its execution may be influenced by market conditions, raw material prices, and exchange rates, which could pose performance risks [1] Group 2 - Hengli Shipbuilding (Dalian) Co. also signed contracts for the construction of 6 vessels, including 4 Capesize bulk carriers and 2 VLCCs (Very Large Crude Carriers), with a total contract value of approximately 4-6 billion USD, scheduled for delivery from H2 2027 to 2028 [2] - These contracts are also routine operational contracts and do not require board or shareholder approval, with dispute resolution to be handled through London maritime arbitration [2] - The execution of these contracts may similarly be affected by market conditions, raw material prices, and exchange rates, presenting potential performance risks [2]