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ZPMC Reports US$3.994 Billion in New Contracts for H1 2026, Up 11.38% Year-on-Year

On September 18, Shanghai Zhenhua Port Machinery (ZPMC) disclosed during an investor briefing that the company’s total value of newly signed and awarded contracts for January–June 2026 was approximately US$3.994 billion, representing a year-over-year increase of 11.38%.

The value of newly signed contracts and winning bids for the port machinery business totaled US$3.297 billion, a year-on-year increase of 5.11%. Specifically, port machinery services accounted for US$207 million (up 6.86% year-on-year); offshore engineering orders amounted to US$453 million (up 26.32% year-on-year); and steel structure orders reached US$244 million (up 171.57% year-on-year).

ZPMC stated that it will remain steadfast in its commitment to being a premier provider of integrated equipment manufacturing services. The company will focus on its core businesses—port machinery, offshore engineering equipment, and steel structures—to develop comprehensive product portfolios in these sectors. It aims to fully enhance its core competitiveness in smart port solutions, vigorously develop new quality productive forces, accelerate the construction of a modern industrial system, and build a world-class equipment manufacturing enterprise with global competitiveness.

With regard to new-quality productive forces, ZPMC will continue to strengthen innovation-driven development, focus on high-end, intelligent, and green development, and vigorously promote the development of new-quality productive forces.

First, the company focuses on its core business. ZPMC concentrates on enhancing its three primary business segments—port machinery, offshore engineering, and steel structures—while continuously strengthening its core competitiveness in smart port solutions. It aims to establish itself as a source of original technologies for automated terminals, build a world-class innovation center for technical equipment, and develop into a leading, technology-driven equipment manufacturer underpinned by an autonomous and controllable technology ecosystem.

Second, the company will strengthen scientific and technological innovation. ZPMC is driving major projects to achieve revolutionary technological breakthroughs, innovative allocation of production factors, and in-depth industrial transformation and upgrading, thereby accelerating the development of new-quality productive forces.

Third, the company accelerates high-end development. ZPMC is further optimizing its business layout, fully implementing market action plans across all business segments, and accelerating the advancement of port machinery products—as well as integrated hardware and software services—that are standardized, customized, lightweight, intelligent, and eco-friendly, thereby enhancing its integrated equipment manufacturing and service capabilities. The company is systematically launching new products and strengthening their industrial-scale promotion.

Fourth, the company is accelerating its transition toward green development. Focusing on key areas such as green product R&D, green and low-carbon manufacturing, green supply chain development, green and low-carbon transportation, green and low-carbon operations and maintenance, and the growth of green industries, ZPMC is driving transformation and upgrading to build a “Zero-Carbon ZPMC.”

Fifth, the company is accelerating its intelligent development. ZPMC is comprehensively strengthening management informatization, intelligent manufacturing, and data governance; advancing the construction of intelligent, automated production lines and digital factories; accelerating the automation of production equipment; and deepening the application of AI and other intelligent technologies across all operational scenarios. Through these efforts, the company aims to reshape and upgrade management via informatization, foster the integrated growth of industry and information technology through industrial digitalization, and drive ecosystem innovation through the digitalization of industry.

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