Group 1 - Recently, Hengli Heavy Industry secured orders for 2 VLCCs (30.6 million deadweight tons) and 6 LR2 product oil tankers (11.4 million deadweight tons) [2][3] - The VLCC orders, placed by a "well-known European shipowner," are expected to be delivered between Q4 2027 and Q2 2028, with a total contract value of approximately $200-300 million (RMB 1.422-2.132 billion) [2] - The LR2 orders, placed by an "internationally renowned shipowner," are scheduled for delivery in 2027, with a total contract value of approximately $400-600 million (RMB 2.843-4.265 billion) [2] Group 2 - The 30.6 million ton VLCC is designed for large oil transportation, featuring high loading capacity, strong endurance, and operational efficiency, meeting the latest international shipping market demands for large-scale and low-carbon transportation [3] - The 11.4 million ton LR2 product oil tanker is characterized by its large loading capacity and green energy efficiency, suitable for regional and transoceanic transportation needs [3] - The signing of these orders will strengthen Hengli's leading position in the high-end oil tanker market and enhance its brand recognition and influence internationally [3] Group 3 - Hengli Heavy Industry aims to continuously improve its technical capabilities and construction standards to provide high-quality and efficient vessels, striving to become a global leader in shipbuilding [4] - The company has commenced the construction of over 60 vessels and holds approximately 170 orders scheduled for production until 2029 [4] - Once all projects are fully operational, Hengli Heavy Industry is expected to achieve an annual production capacity of over 150 large vessels and 180 marine engines, becoming the largest and most comprehensive shipbuilding base globally [4]