FilingReader Intelligence

Hainan Strait Shipping boosts ferry investment by 5.1bn yuan

August 13, 2025 at 05:19 PM UTCBy FilingReader AI

Hainan Strait Shipping increased investment in its Qiongzhou Strait ferry newbuild projects by CNY 2.55 billion each to CNY 28.55 billion per project.

The increases were due to higher shipbuilder quotes but the company said the projects remain profitable despite increased costs.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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