Group 1 - The company has confirmed that its ship repair orders are saturated, indicating strong demand in the sector [2] - The joint venture, Guangdong Qiongzhou Strait Ship Repair and Construction Co., Ltd., is set to officially commence operations in April 2025 and has already secured repair contracts for major passenger and roll-on/roll-off vessels in the Qiongzhou Strait [2] - Despite the initial operations of the joint venture, its current performance contribution is limited and is not expected to significantly impact the overall performance of the company [2]