COSCO Shipping Heavy Industry (600428.SH): Intends to entrust CSSC Chengxi to build eight 60,000-ton multi-purpose heavy lift vessels with a total investment not exceeding 2.624 billion yuan.

Zhongyuan Maritime Technology (600428.SH) announced that the company plans to use its wholly-owned subsidiary Zhongyuan Shipping (Hong Kong) Investment and Development Co., Ltd. or its affiliated company as the investment entity to invest in the construction of eight 60,000-ton multi-purpose heavy lifting vessels at China Shipbuilding Chengxi Shipyard Co., Ltd. ("CSSC Chengxi"). The total price of the vessels will not exceed 2.624 billion yuan (excluding tax). It is expected that the vessels will be delivered and put into operation from April 2029 to June 2030.