Dajin Heavy Industries: Signs a 2.05 billion yuan shipbuilding contract with Norwegian and Greek shipowners.

Daewoo Heavy Industries announced that the company and its subsidiaries have signed two bulk carrier construction contracts with Greek and Norwegian shipowners to design, build, and deliver four 211,000DWT bulk carriers, with a total contract value of approximately $300 million. The ships are scheduled to be delivered in batches by 2029. The fulfillment of the contracts is expected to have a positive impact on the company's future performance, but the long implementation period and foreign currency settlements pose risks such as uncertainty in the amount and timing of revenue recognition and market changes.