XingTong Stock (603209.SH) announced that the company scored 91.2 points, ranking first, and obtained a 10,000 deadweight ton high-end stainless steel chemical ship transportation capacity. The company will apply for the approval of additional capacity in accordance with the procedures stipulated by the Ministry of Transportation. The final situation of additional capacity will be subject to the relevant administrative licensing documents issued by the Ministry of Transportation. Since 2019, the Ministry of Transportation has conducted seven comprehensive reviews of the addition of coastal inter-provincial bulk liquid dangerous goods ship capacity. The company has won the top spot for the sixth consecutive year in seven assessments, totaling 11 projects.
The application for a 10,000 deadweight ton high-end stainless steel chemical ship transportation capacity this time will further enrich the company's ship capacity structure, enhance the company's fleet capacity, and continuously increase the company's market share. The addition of this ship will help consolidate and enhance the company's market competitiveness, sustainable development capability, and comprehensive operation capability, aligning with the company's "1+2+1" strategic development plan.