《ET Net News Agency, Oct. 21》CSSC Heavy Industries (00317) H-shares are up 3.2%, trading at HK$13.38, with approximately 1.47 million shares traded, involving HK$19.55 million. A-shares (SSE: 600685) are currently at RMB 28.51, up RMB 0.55, or 2%, with turnover of RMB 172 million involving 6.03 million shares. A-shares are currently at a 150.4% premium to H-shares.
CSSC Heavy Industries announced that as of September 30, new orders received in the first three quarters amounted to RMB 35.799 billion, 1.1 times higher than the RMB 16.424 billion in contracted orders disclosed for 2026.
The group stated that the growth mainly includes multiple container ship construction contracts. The group has completed internal approval procedures for order acceptance. These orders are routine operating sales orders, and their fulfillment is expected to have a positive impact on cash flow and subsequent operating performance. The fulfillment of these orders will not have a significant impact on business independence, and the core business will not become significantly dependent on relevant customers due to order fulfillment. (am)
CSSC Heavy Industries announced that as of September 30, new orders received in the first three quarters amounted to RMB 35.799 billion, 1.1 times higher than the RMB 16.424 billion in contracted orders disclosed for 2026.
The group stated that the growth mainly includes multiple container ship construction contracts. The group has completed internal approval procedures for order acceptance. These orders are routine operating sales orders, and their fulfillment is expected to have a positive impact on cash flow and subsequent operating performance. The fulfillment of these orders will not have a significant impact on business independence, and the core business will not become significantly dependent on relevant customers due to order fulfillment. (am)