Core Viewpoint - *ST Songfa has signed contracts for the construction of two 30.6 million-ton Very Large Crude Carriers (VLCC), with a total contract value of approximately $200-300 million, expected to be delivered in the second half of 2026 [1] Group 1: Contract Details - The contracts involve the construction of two VLCCs, which are recognized as mainstream large crude oil transport vessels internationally [1] - The total contract amount is estimated to be between $200 million and $300 million [1] - The delivery of the vessels is scheduled for the second half of 2026 [1] Group 2: Vessel Specifications and Market Position - The 30.6 million-ton VLCCs are characterized by large loading capacity, strong endurance, and high operational efficiency [1] - These vessels are designed to adapt to various shipping routes and loading flexibility, making them suitable for major global crude oil ports [1] - The vessels meet the current international shipping market's demand for large-scale and low-carbon transportation, reflecting the company's innovation and technical strength in high-end ship design [1] Group 3: Impact on Company Performance - The normal execution of these contracts is expected to have a positive impact on the company's future performance [1] - This development is likely to enhance the company's medium to long-term market competitiveness and profitability [1] - The contracts will further consolidate the company's competitive advantage in the VLCC market [1]