HK Stock Market Move | Dajin Heavy Industry (01081) rose another 12% in early trading, with its subsidiary receiving a 21 billion yuan shipbuilding order. Shipbuilding is creating new growth opportunities.

Dajin Heavy Industry (01081) rose by another 12% in early trading, and as of the time of writing, it is up by 4.4% to HKD 39.38, with a trading volume of HKD 509.421 million. In terms of news, Dajin Heavy Industry announced that its subsidiary Tangshan Dajin Haigong Ocean Engineering Co., Ltd. has signed a contract with a Greek shipowner for the construction of 3+1 bulk carriers, with a total contract amount of approximately RMB 2.1 billion. This cooperation signifies the recognition of the company's shipbuilding capabilities by top international shipowners and is expected to have a positive impact on future operating performance. Huaxi released a research report stating that Dajin Heavy Industry is undergoing a deep transformation from being a single overseas offshore wind turbine manufacturer. The transformation path includes EPCI full closed-loop layout, which will enhance the company's comprehensive strength in overseas order winning and open up high value-added segments to promote product value upgrading; Shipbuilding capacity is being deployed in advance, riding on the upturn of the industry demand cycle, and is expected to significantly benefit; Strategic layout in deep-sea floating foundation is expected to further optimize the product structure. In general, the company's strategic forward-looking layout is expected to achieve centralized upward movement from multiple dimensions of quantity, price, and benefits, continuously opening up growth space.