ST Matsushita (603268.SH) subsidiary Hengli Shipbuilding signs contracts to build 2 ships.

Zhixun Finance APP News, *ST Songfa (603268.SH) announced that its subsidiary company, Hengli Shipbuilding (Dalian) Co., Ltd. ("Hengli Shipbuilding"), has recently signed and taken effect two shipbuilding contracts. The contracts involve the construction of two 306,000-ton very large crude carriers (VLCC) with a total contract value of approximately 200-300 million US dollars. The orders are scheduled for delivery in the second half of 2026.