SMM Survey of Chinese Shipbuilding Enterprises in June

1. A large shipbuilding enterprise in east China: In June, new orders were low, and there were 6 orders including cruise ships and medium-sized ships. Our orders were basically relatively large. At present, we are mainly working on existing orders at full capacity. We purchase steel as needed.

2. A medium-sized shipbuilding enterprise in east China: The amount of steel used was relatively stable. We purchase as needed. This year's orders are relatively good, and we have scheduled orders for several months. There are still orders coming in. The industry is relatively brisk. But orders at relatively small enterprises may be poor. The shipbuilding industry as a whole will be relatively stable this year.

3. A large shipbuilding company in east China: We operated at capacity this month, and have already received orders for 2026. There are enough orders in hand, and we are unable to receive new orders. Most of the orders are new energy ships. The purchase of raw materials increased compared with last month. We bought a small volume of raw materials before the price rose. The labour force was relatively stable.