On October 23, Jianglong Shipbuilding released its “Third Quarter Report for 2026.” During the reporting period, Jianglong Shipbuilding generated operating revenue of approximately 209 million yuan (approximately $31 million), representing a year-over-year increase of 29.63 percent; net income attributable to shareholders of the listed company was -21.54 million yuan, up 6.79 percent year over year; and net income attributable to shareholders of the listed company, excluding non-recurring items, was approximately -21.52 million yuan, down 11.35 percent year over year.
The report revealed that in the first three quarters of 2026, Jianglong Shipbuilding generated operating revenue of approximately 714 million yuan (approximately $107 million), representing a year-over-year increase of 40.28 percent; net income attributable to shareholders of the listed company was approximately -37.19 million yuan, a year-over-year decrease of 0.91 percent; and net income attributable to shareholders of the listed company, excluding non-recurring items, was approximately -39.60 million yuan, a year-over-year decrease of 13.17 percent.
As of September 30, 2026, Jianglong Shipbuilding’s new orders totaled 1.726 billion yuan (excluding tax) (approximately $259 million), representing a year-over-year increase of 240.43%; its order backlog totaled 2.491 billion yuan (excluding tax) (approximately $373 million), representing a year-over-year increase of 67.07%.
According to its official website, Jianglong Shipbuilding is primarily engaged in the design, research and development, production, and sales of official law-enforcement vessels, tourism and leisure vessels, and special-operation vessels. The company has 18 production workshops capable of meeting the construction needs of steel, aluminum alloy, and composite-material vessels, and possesses three 1,000-ton-class outfitting berths with a total berth length of 270 meters.