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Jianglong Shipbuilding: Announcement on the progress of ship orders

Shenzhen Stock Exchange
2026/09/04

Securities code: 300589 Securities abbreviation: Jianglong Shipbuilding Announcement number: 2026-039

Jianglong Boat Technology Co., Ltd.

Announcement on the progress of ship orders

The company and all members of its board of directors guarantee that the information disclosed is true, accurate and complete and contains no false records, misleading statements or major omissions.

Special tips:

  1. Conditions for the order to be effective: This order will take effect upon signature by VOF.

  2. Significant risks and major uncertainties: Both parties to the order have the ability to fulfill the order. However, if there are unforeseen or other force majeure factors such as the international trade environment, policy, economy, exchange rate, etc. during the order fulfillment process, the order may not be fulfilled. Investors are kindly requested to pay attention to investment risks.

  3. The impact of order fulfillment on the company's operating results this year: The signing of the order will have no significant impact on the company's operating performance in 2026. If the order is successfully fulfilled, it will have a positive impact on the company's operating performance in future years. The specific impact amount and reporting period will ultimately be based on the company's audited financial data.

1. Overview of the original general contract and ship order signing

Jianglong Shipbuilding Technology Co., Ltd. (hereinafter referred to as the "Company") signed the "SHIPBUILDING CONTRACT" (hereinafter referred to as the "Shipbuilding Contract" or "Master Contract") with Moen MarinAS on October 29, 2024. The total contract amount is 629,487,603 yuan, accounting for 36.40% of the company's audited operating income in 2024. The subject of the contract is 12 steel and aluminum work boats. This contract is a general contract. For each steel and aluminum work boat, both parties also need to sign a ship order based on the general contract.

The company disclosed the "Progress Announcement on Ship Orders" on January 7, 2025, April 28, 2025, and April 24, 2026 respectively. Before the disclosure of this announcement, the general contract had come into effect for 6 orders for steel and aluminum work boats.

2. Progress this time

The company signed two new (Nab Cat22x12m) steel and aluminum work boats "VESSELORDER FORM" (ship orders) with MoenMarinAS on September 3, 2026. The ship orders took effect immediately on the same day. The total value of this ship order is RMB 92,804,432, accounting for 13.21% of the company's audited operating income in 2025. The specific situation is now announced as follows:

Main contents of ship order:

  1. Contract subject matter: 2 (Nab Cat22x12m) steel and aluminum work boats;

  2. Total ship order amount: RMB 92,804,432;

  3. Validity conditions: VOF signature takes effect;

  4. Ship order delivery time: June 30, 2028.

3. Impact of ship orders on listed companies

  1. The total value of the ship orders effective this time is RMB 92,804,432, accounting for 13.21% of the company’s audited operating income in 2025. If this ship order is successfully fulfilled, it will have a positive impact on the company's operating performance in the coming years. The specific impact amount and reporting period will ultimately be based on the company's audited financial data. The reactivation of the company's order with Moen Marin AS shows that the company's construction capabilities have been fully recognized by shipowners. If the project is successfully implemented, the company's competitiveness and brand influence in overseas markets will be further enhanced, which will help the company further explore overseas markets.

  2. The performance of this contract will not affect the company's business independence, and the company's main business will not become dependent on the counterparty due to the performance of this contract.

4. Risk warning

  1. This order will take effect after VOF is signed.

  2. The signing of this order will have no significant impact on the company’s operating performance in 2026.

  3. Major risks and major uncertainties: Both parties to the order have the ability to fulfill the order, but if there are unforeseen or other force majeure factors such as the international trade environment, policy, economy, exchange rate, etc. during the order fulfillment process, the order may not be fulfilled. Investors are kindly requested to pay attention to investment risks.

5. Other related instructions

The company will disclose the fulfillment of ship orders in regular reports in accordance with relevant regulations such as the "Shenzhen Stock Exchange GEM Stock Listing Rules" and "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 - Standardized Operations of GEM Listed Companies".

6. Documents for reference

2 (Nab Cat22x12m) steel and aluminum work boats "VESSELORDER FORM" (vessel order) effective documents.

Announcement is hereby made.

Board of Directors of Jianglong Marine Technology Co., Ltd.

September 4, 2026