The global shipbuilding pattern is concentrated, and the benefits of China's leading ships are remarkable

3. Continuous breakthrough of high-end ship type, promoting the upgrading of product structure

China's shipbuilding to high value-added, high-tech route development. According to the statistics of the China Shipbuilding Industry Association, the structure of China's new ship orders in 2022 has been optimized and improved, and the repair load ratio (revised gross ton/deadweight ton) has reached 0.468, which is the best level in history. According to the company's announcement, the company's ship structure also continues to optimize, in 2021, the company's bulk carrier/container ship/tanker delivery volume is 352/100/1.34 million deadweight tons, an increase of -27%, 129% and 0.5%, of which the proportion of container ships increased significantly, and the proportion of high-value ship structure increased.

The company continues to make breakthroughs in high value-added ship types. At the beginning of 2018, Jiangnan Shipbuilding, a subsidiary of the company, received an order from CMA CGM of France for 23,000 TEU ultra-large LNG dual-fuel container ship, which is equipped with the world's first MARK III thin-film LNG fuel tank, and the fourth ship has been delivered in May 2022. In 2021, Jiangnan Shipbuilding signed an order for a 79,800 cubic meter MARK III thin-film LNG carrier with Guangdong Jiufeng Energy, officially entering the field of thin-film LNG carrier construction. According to the company announcement, Jiangnan Shipbuilding and ADNOC Logistics & Services, a subsidiary of ABU Dhabi National Oil Company (ADNOC), signed a contract for the construction of two 175,000 cubic meters of LNG carriers.