Core Insights - During the "14th Five-Year Plan" period, China's shipbuilding industry has significantly improved its three major indicators, maintaining its global leadership position [1] Group 1: Market Performance - By June 2025, China's shipbuilding industry has secured 64.2% of global new ship orders, an increase of 15.1 percentage points compared to the "13th Five-Year Plan" period, solidifying its status as a shipbuilding powerhouse [1] - The completion volume of shipbuilding accounts for 51.7% of the global total, while the corrected gross tonnage, reflecting ship prices and output value, accounts for 47.2%, representing increases of 8.6 and 11 percentage points respectively since the end of the "13th Five-Year Plan" [1] Group 2: Technological Advancements - The shipbuilding industry has made significant progress in intelligent and high-end products, with a series of green products being globally first [3] - Notable deliveries during this period include a 300,000-ton ultra-large crude oil tanker, dual-fuel powered vehicle roll-on/roll-off ships, and the first domestically produced large cruise ship, the "Aida·Magic City" [5] Group 3: Financial Performance - The profitability of large-scale shipbuilding enterprises has improved, with the operating income profit margin reaching 9.71% by June 2025, marking a historical high [9]

Core Insights - The Chinese shipbuilding industry has significantly improved its three major indicators during the "14th Five-Year Plan" period, maintaining its global leadership position [1] Group 1: Market Performance - As of June 30, 2025, China has secured 64.2% of the global new ship orders, an increase of 15.1 percentage points compared to the "13th Five-Year Plan" period, solidifying its status as a shipbuilding powerhouse [1] - The completion volume of shipbuilding in China accounts for 51.7% of the global total, while the corrected gross tonnage, reflecting ship prices and output value, stands at 47.2%, representing increases of 8.6 and 11 percentage points respectively from the end of the "13th Five-Year Plan" [1] Group 2: Product Development - During the "14th Five-Year Plan" period, China has delivered several high-end ship types, including a 300,000-ton ultra-large crude oil tanker, dual-fuel powered car carriers, and the first domestically produced large cruise ship, the "Aida·Magic City" [1] - The construction progress of the second domestically produced large cruise ship at Shanghai Waigaoqiao Shipbuilding has reached 85% [1] Group 3: Financial Performance - The profitability of large-scale shipbuilding enterprises in China has improved significantly, with the operating income profit margin reaching 9.71%, marking a historical high [1]