As 2026 reaches its midpoint, Hengli Heavy Industry has delivered a robust set of first-half results.

Data shows that from January to June this year, the enterprise secured new ship orders for 207 vessels, with the order matrix achieving full coverage across bulk carriers, containerships, tankers, and gas carriers. Specifically, bulk carriers, containerships, and tankers accounted for 49, 56, and 94 orders respectively. Of particular note, eight Very Large Ammonia Carriers (VLACs) have entered the orderbook for the first time, not only setting a new peak for order intake at a single shipyard, but also signalling that its vessel type diversification has entered a historic new phase.

Behind the surge in orders lies the strategic effectiveness of Hengli Heavy Industry's deep push into high-value-added segments. Containerships and tankers together account for over 70% of the total, underscoring its technical authority in the construction of large, high-end merchant vessels. Meanwhile, the balanced mix of bulk carriers and VLACs builds a resilient foundation capable of withstanding cyclical fluctuations in the shipping market. The breakthrough in securing VLAC orders in particular signifies that Hengli Heavy Industry now possesses the capability to compete head-to-head with top-tier international shipbuilders in the new green gas transport arena, with the trust of major global shipowners in its construction craftsmanship, on-time delivery rates, and low-carbon solutions continuing to deepen.

The delivery front has been equally impressive. During the first half of the year, Hengli Heavy Industry successfully delivered 40 vessels to shipowners with high quality. The scaling effect is driving an increasingly mature rhythm in batch production, and multiple deliveries ahead of schedule have further cemented its brand reputation within the international shipping community.

In terms of capacity expansion and achieving an autonomous and controllable industrial chain, Hengli Heavy Industry is also accelerating its strategic moves. The enterprise is currently pressing ahead with a new round of expansion projects, with several newly constructed facilities gradually entering the commissioning phase. It has begun to establish a synergistic manufacturing system encompassing shipbuilding, offshore engineering equipment, and key components, advancing toward the objective of becoming the world's largest single-site shipbuilding base.

Viewed from the perspective of concrete capabilities, Hengli Heavy Industry now possesses an annual steel processing capacity of 3 million tonnes and an annual production capacity of 300 marine main engines. Its four large dry docks can simultaneously undertake the batch construction of VLCCs and 10,000-TEU-class containerships, achieving an efficient assembly rhythm of multiple vessels being built concurrently and undocking in concentration. Benefiting from the continuously favourable market environment in 2026, the enterprise's total order backlog has climbed steadily, with cumulative orders having surpassed the 500-vessel mark. Its production schedule now extends to 2030, and its orderbook fullness remains firmly at the forefront of privately-owned shipbuilding enterprises in China.

The core value of this half-year report card lies not only in the scale of 207 vessels, but also in the strategic depth of its vessel type portfolio—from the three traditional mainstream categories to emerging types such as VLACs, and extending from hull construction to the self-manufacture of power systems. Hengli Heavy Industry is profoundly reshaping the existing landscape of China's private shipbuilding industry through a three-dimensional layout characterised by "full spectrum coverage and full chain synergy."

Looking ahead, as the green and smart expansion projects reach full production capacity and the autonomous marine power component system is formally established, Hengli Heavy Industry's bargaining power and leadership within the global high-end offshore engineering equipment sector are poised for a new leap forward. It will continue to inject robust momentum into China's drive to build a world-class shipbuilding powerhouse.