Core Viewpoint - The construction of the second domestically produced large cruise ship "Aida Huacheng" has entered the equipment debugging and system function verification stage, with over 80% of the overall progress completed and a planned delivery date in 2026 [4][8]. Group 1: Construction Progress - The main generator of the cruise ship has officially started generating power, marking a significant milestone in the construction process [1][4]. - The project is now focusing on interior engineering and equipment system debugging to ensure the ship is launched smoothly by March 2026 and completed by the end of the year [4][6]. Group 2: Technical Specifications - "Aida Huacheng" is equipped with five high-power generators, each capable of outputting 16.8 megawatts, equivalent to the main engine power of a 100,000-ton cargo ship [3][4]. - The main generator is crucial for the ship's power distribution and propulsion systems, and its successful debugging lays a solid foundation for subsequent system tests [1][6]. Group 3: Industry Impact - The construction of large cruise ships has created a multiplier effect of 1:14 on related industries, involving over 500 global suppliers in the design and construction process [8]. - The experience gained from building two large cruise ships has enabled China to establish a standard system for large cruise ship design and construction [8]. Group 4: Market Trends and Future Plans - The global cruise market remains a significant growth area, with major European cruise builders having orders extending to 2030, indicating a need for China to enhance its cruise ship production capabilities [10][12]. - The company is actively exploring new trends and technologies to meet customer demands for future cruise ships, aiming for breakthroughs in international orders [10][12].

Group 1 - The domestic large cruise ship No. 2 (H1509) has successfully floated in the dock, transitioning from the construction of the "upper half" to the interior and system completion phase, with a target delivery by the end of 2026 [1] - The construction time for the domestic large cruise ship No. 2 was shortened by one month compared to the first domestic large cruise ship "Aida. Modu," achieving 64.68% of the construction progress with 48.9% of the actual working hours, a significant improvement over the 40.8% progress of the first ship at the same time [1] - The total tonnage of the domestic large cruise ship No. 2 increased by 0.64 million tons to 141,900 tons, and the total length increased by 17.4 meters to 341 meters, with significant expansions in public and outdoor leisure areas [1] Group 2 - The cruise industry is recognized internationally as a "golden industry floating on the sea," with cruise design and construction driving significant growth in related industries such as ship repair, home port construction, retail, and finance [2] - The company is actively fostering a domestic and international dual-circulation supply chain system, enhancing local supply chain construction for cruise ships [2] - Over 80% of the interior materials for the domestic large cruise ship No. 2 have been localized, including flooring materials, furniture, decorative partitions, carpets, tiles, and artistic lighting [2]