On March 31, Jianglong Shipbuilding released an announcement on the signing of a major sales contract.
The announcement disclosed that Jianglong Shipbuilding signed a contract for the “Jiangsu Provincial Fire and Rescue Corps Water Rescue Fire Boat Purchase Project” with the Jiangsu Provincial Fire and Rescue Corps on March 31, 2025.
The total contract amount is RMB 140 million, accounting for 11.79% of the company’s audited operating income in 2023. The contract targets 1 large fireboat, 1 fire command boat, and 1 pontoon.
According to the announcement, the construction period of the contract is within 24 months from the date of signing, and the payment method is that Party A pays Party B according to the progress of the ship construction nodes. The successful implementation of this contract is expected to have a positive impact on Jianglong Shipbuilding’s operating performance in the next 1-2 years.
Established in 2003, Jianglong Shipbuilding is a listed company in China Stock Exchange. It owns Zhongshan branch, Zhuhai branch, Aulong Shipbuilding and Hong Kong subsidiary. Main products contain patrol boat, transportation and sightseeing ferry, special work boat and new energy vessel. It is a leading enterprise in China, with capacity of research and development, and production of small and medium sized high-performance boats made with steel, aluminum and composite.
