Jinhui Holdings Company Limited announced on 3 June 2026 the signing of two shipbuilding contracts with Jiangmen Nanyang Ship Engineering Co., Ltd. for the construction of two bulk carriers, each with a deadweight of 64,500 metric tonnes. The contract price for each vessel is US$34.15 million,
totaling US$68.3 million, with delivery scheduled on or before 31 December 2030. The vessels will be built at the Nanyang Shipyard and are expected to enhance the Group's fleet by replacing older vessels with more fuel-efficient and environmentally compliant ships. The contracts are subject to shareholder approval and include provisions for staged payments and refund guarantees in case of delivery delays. Upon completion, the vessels will be chartered out to generate recurring income. Jinhui Holdings currently operates a fleet of 21 vessels with a total capacity of approximately 1.7 million metric tonnes.
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