[China Shipbuilding: Net profit for the first half of 2026 was 9.954 billion yuan, a year-on-year increase of 163.51%] On August 30, China State Shipbuilding (600150.SH) released its 2026 semi-annual report, achieving operating income of 91.53 billion yuan, a year-on-year increase of 26.01%; net profit attributable to shareholders of listed companies was 9.954 billion yuan, a year-on-year increase of 163.51%. The performance growth was mainly due to the year-on-year increase in the number of civilian shipbuilding products delivered, the proportion of mid-to-high-end ship types and the average price of a single ship. The company plans to distribute a cash dividend of 4.65 yuan (tax included) for every 10 shares. Xiaocai Note: The company’s Q2 net profit was 5.121 billion. The previous forecast range was 4.368 billion-6.168 billion. Q1 net profit was 4.832 billion. Based on this calculation, Q2 net profit increased by 5% month-on-month.