Haitong Development (603162.SH) plans to purchase dry bulk cargo vessels with a total value not exceeding 65 million US dollars.

Finance and Economics APP News, HaiTong Development (603162.SH) announced that in order to further expand the capacity scale, improve the construction of the ship fleet system, effectively enhance the company's competitiveness and market share, enhance the company's profit-making ability, the company and its wholly-owned subsidiaries plan to use no more than $65 million to purchase bulk cargo ships, and the source of ship purchase funds is from its own funds (including self-raised funds).