Recently, the management of Dajin Heavy Industry addressed key issues of current market concern during an online conference.
In the shipbuilding sector, since 2025, Dajin Heavy Industry has actively secured external shipbuilding orders, with a cumulative order value exceeding 8.8 billion yuan (approximately $1.299 billion), scheduled for delivery between 2027 and 2029. The order portfolio includes various ship types, such as deck cargo ships, unpowered semi-submersible barges, multi-purpose heavy-lift vessels, and dry bulk carriers. As of June 1, Dajin Heavy Industry has publicly announced 16 new vessels across two types this year, including 14 210,000 DWT bulk carriers and two multi-purpose heavy-lift vessels, with a total construction cost of approximately $1.2 billion and delivery schedules extending through 2029. All related orders are from overseas shipowners.
In the offshore wind power sector, Dajin Heavy Industry stated that overseas offshore engineering orders are primarily concentrated in major European offshore wind markets such as the United Kingdom, Germany, and France. Projects are currently progressing steadily, and these countries continue to introduce supportive policies. In addition, the company expects to make significant progress this year in new business regions such as Ireland, Denmark, Poland, Japan, and South Korea. Overseas offshore engineering projects are characterized by low frequency and large contract values, with the specific timing of bid openings depending on the progress of each individual project. These projects include monopile projects as well as floating and deep-sea projects.
Although the European offshore wind industry has undergone policy adjustments, it is gradually shifting toward a CFD subsidy mechanism, which effectively secures project returns and facilitates development for project owners. Germany has now announced its adoption of this mechanism, and some project owners are taking steps to secure subsidy arrangements, with the primary goal remaining to enhance project returns and accelerate project implementation.
Regarding potential trade barriers between China and the EU, Dajin Heavy Industry believes that these have not impacted the company’s operations. Driven by the need to ensure energy security and achieve energy self-sufficiency, Europe’s stance in supporting the offshore wind power industry remains unchanged. Given market demand, there is a significant capacity gap for large-diameter pile foundation products, and as these are basic structural components, they do not meet the criteria for the imposition of restrictive measures.
To further increase its market share overseas, Dajin Heavy Industry not only manufactures products but also provides comprehensive services such as transportation and local homeport support, thereby continuously deepening partnerships and strengthening customer loyalty.
In response to the EU Net-Zero Industry Act/Industrial Acceleration Act, Dajin Heavy Industry is actively promoting the development of green steel and meeting potential requirements by establishing local homeport services and constructing a European final assembly base.
Regarding its listing on the Hong Kong Stock Exchange on June 5, 2026, Dajin Heavy Industry stated that entering the Hong Kong capital market represents a significant step in the company’s global expansion strategy. As an international enterprise, the Hong Kong stock market platform aligns with Dajin Heavy Industry’s global development needs. Moving forward, Dajin Heavy Industry will continue to strengthen its localization efforts in Europe, expand homeport services, and advance the establishment of final assembly facilities to further deepen its overseas footprint.