Highton Development announced on the evening of September 1st that, in order to further expand its capacity and improve the construction of its fleet system, its wholly-owned subsidiary Dannaning Shipping purchased a multipurpose cargo ship from Helene Braren, and Chongqing Shipping purchased a multipurpose cargo ship from Simon Braren, with the MOA agreement signed on September 1st. The total contract amount for this transaction is $32 million
