Group 1 - The core viewpoint of the article highlights that China will maintain its leading position in the global shipbuilding market for 16 consecutive years by 2025 [2] - In 2025, China's shipbuilding completion volume is projected to reach 53.69 million deadweight tons, representing a year-on-year increase of 11.4% and accounting for 56.1% of the world's total [2] - The new orders received in 2025 are expected to be 107.82 million deadweight tons, which will constitute 69.0% of the global total [2] - As of December 31, 2025, the hand-held order volume is anticipated to be 274.42 million deadweight tons, reflecting a year-on-year growth of 31.5% and making up 66.8% of the world's total [2]