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Jianglong Shipbuilding Co Ltd

Jianglong Shipbuilding Co., Ltd. designs, develops, produces, and sells government law enforcement vessels, tourist and leisure vessels, and special-purpose vessels in China and internationally. Its product range includes official law enforcement boats, recreational boats, patrol boats, work boats, fishery patrol vessels, anti-smuggling boats, passenger ships, ferries, yachts, fishing boats, fireboats, research vessels, wind power maintenance vessels, pilot boats, tugboats, engineering vessels, pontoons, dredgers, marine cleaning vessels, and aquaculture vessels. The company also builds boats from carbon fiber, steel-fiberglass composite, aluminum alloy-fiberglass composite, and steel-aluminum alloy composite materials, as well as all-steel, all-aluminum alloy, and multi-material composite boats. Founded in 2003, Jianglong Shipbuilding is headquartered in Zhongshan, China.

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Jianglong Shipbuilding signs new order for two steel-aluminum workboats with Moen Marin, worth about 92.8 million yuan

Jianglong Shipbuilding Technology Co., Ltd. signed a new order for two steel-aluminum workboats with Moen Marin AS on September 3, 2026, with a total value of 92,804,432 yuan, accounting for 13.21% of the company's audited operating revenue for 2025, with delivery expected by June 30, 2028. The order is a follow-up to the master contract signed by the two parties on October 29, 2024, covering a total of 12 steel-aluminum workboats worth 629 million yuan, of which six had previously taken effect and two more are added this time. The company said the reactivation of the order reflects the shipowner's recognition of its shipbuilding capabilities, and if smoothly fulfilled it will have a positive impact on future performance, but there is a risk of non-performance due to force majeure factors such as the international trade environment, policies, and exchange rates, and it will have no significant impact on operating results for 2026.
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Jianglong Shipbuilding reports net loss of 15.65 million yuan in 2026 interim report

Jianglong Shipbuilding released its 2026 interim report, with net profit attributable to the parent company at a loss of 15.65 million yuan, an expanded loss of 1.91 million yuan compared with the same period last year. The company's total operating revenue was 505 million yuan, and net cash outflow from operating activities was 45.16 million yuan. The latest asset-liability ratio was 64.71%, gross margin was 9.49%, ROE was -2.32%, and diluted earnings per share was -0.04 yuan.
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