[China State Shipbuilding: Subsidiaries jointly signed a shipbuilding contract of more than US$1 billion] On September 2, China State Shipbuilding (600150.SH) announced that the company's controlled subsidiary Guangzhou Shipyard International and China Shipbuilding Industry Trading Co., Ltd. signed a new shipbuilding contract for 10 8200-car LNG dual-fuel powered car carriers with a well-known shipowner on September 1, 2026, with a total value of more than US$1 billion. The contract is paid in U.S. dollars and is expected to be delivered between 2029 and 2031. The company stated that the contract has a long performance period and will not have a significant impact on current profits, but it will help improve medium- and long-term market competitiveness and profitability.