ST SONGFA: A subsidiary has signed a shipbuilding contract worth USD 200 million to 400 million, accounting for more than 50% of the company's recently audited main business revenue for the last accounting year

*ST SONGFA announced that its subsidiary, Hengli Shipbuilding Co., Ltd., recently signed contracts for the construction of three vessels with a well-known international shipping company, including one 306,000-ton ultra-large crude oil tanker and two Capesize bulk carriers. The total contract amount is approximately USD 200-400 million, accounting for more than 50% of the audited main business revenue of the listed company in the most recent fiscal year