Jianglong Shipbuilding (SHE:300589) has signed a contract to build 12 steel and aluminum workboats for Norway's Moen Marin in a deal worth 629.5 million yuan, according to a Shenzhen Stock Exchange filing on Wednesday.
The client supplies vessels to the aquaculture industry.
The value of the contract equates to 53% of the company's revenue in 2023, Jianglong said.
Shares of the company were marginally up in recent trade.
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