Jiangnan Shipyard has won a shipbuilding contract worth 1.9 billion US dollars from a joint venture company under ADNOC.

ADNOC L&S and Wanhua Chemical Group's joint venture, AW Shipping, awarded a shipbuilding contract worth approximately $1.9 billion to China's Jiangnan Shipyard. The contract includes building nine VLECs, two VLACs, and the option to increase two VLACs. These ships will be delivered by 2028 at the latest.

cls.cnJul 24 14:05

Emirates energy giant partners with Wanhua Chemical Group to build a special polyolefin project.

Wanhua Chemical Group's holding subsidiary Wanrong New Materials signed a project cooperation agreement with UAE's ADNOC, Nordic Chemical and Borealis Chemical. Meanwhile, Sinopec and its partners will jointly build a special polyolefin integrated facility in Fujian, with a production capacity of 1.6 million tons/year for the special polyolefin project.

cls.cnJul 24 10:59

'70s generation' Xie Wei was appointed as the President of Shanghai Pudong Development Bank, filling the vacancy after nearly 10 months. The 'one president and five vice presidents' management structure has been formed.

Shanghai Pudong Development Bank's board of directors has approved the appointment of Xie Wei as the president, pending regulatory approval of the appointment qualifications. The vacancy for the position of president, which lasted for 10 months, has finally been filled. After Xie Wei is approved as the president, Shanghai Pudong Development Bank will form a management structure of "one head and five deputy heads". Xie Wei has publicly stated that wealth management business has become an important focus for commercial banks to build their "second growth curve".

cls.cnJul 17 22:30

Listed companies are causing a "Saudi fever" by announcing cooperation frequently. These Saudi concept stocks are also heavyweights in fund.

① Recently, many listed companies have announced project cooperation agreements with the Saudi region; ② The Saudi ETF has risen by the limit for two consecutive days since its listing; ③ Multiple stocks that cooperate with Saudi Arabia are heavyweight in public fund holdings.

cls.cnJul 17 21:48

Will the pig cycle start benefiting from an upward trend? Industry insiders: the trend of improvement is beginning to emerge | industry news

① The animal protection industry is currently showing signs of recovery and warming, with some industry insiders stating that the market has seen some improvement recently compared to the first quarter and last year. ② In the second quarter of 2024, the number of domestically produced biological products for animal use issued in batches has increased compared with both the same period last year and the previous quarter. ③ When profits in the downstream aquaculture industry are on the rise, profits of upstream animal protection companies will also see a certain upward trend, according to industry experts interviewed.

cls.cnJul 13 11:15

The three major airlines are expected to have a combined pre-loss of up to 7.48 billion yuan in the first half of the year. Can the airlines during the peak summer season turn the tide and make a comeback? | Speed read notice

Air China Limited, China Southern Airlines, and China Eastern Airlines Corporation are expected to have a combined loss of 5.76 billion to 7.48 billion yuan in H1 of this year. The main reasons for the inability to turn the loss around are due to factors such as slower recovery of international routes, intensified domestic competition, exchange rates of aviation fuel, etc. The three major airlines are all strengthening their respective international routes for this summer season.

cls.cnJul 11 21:23