On the morning of July 15, Yangzi Hongyuan Green High-tech Clean Energy Shipbuilding Base Project was officially signed and settled in Jingjiang. 

The project of Yangzi Hongyuan Green High-tech Clean Energy Shipbuilding Base will utilize the Yangtze River shoreline of approximate 1,320 meters in length, covering an area of about 1,300 mu. The new shipbuilding base is adjacent to our subsidiary, Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. Upon completion, it will fully integrate the production resources and thereby improve the production and operation efficiency. Currently, the preliminary procedures for the project are being comprehensively pushed forward.