Start independent production: the core equipment production line of clean energy ship put into peration

On August 16th,Jiangsu Tianyang Green Ship Technology Co., Ltd. (hereinafter referred to as"T-GET"), a wholly-owned subsidiary of Yangzi Mitsui ShipbuildingCo., Ltd. of our group, was put into operation and the commencement ceremony ofB-type LNG fuel tank for 7000TEU dual fuel powered container ships washeld in Taicang. 

Steel-cutting of the first B- type LNG fuel tank

7000TEU B-type LNGfuel tank, manufactured by T-GET with independent intellectual property rightsby our group, will be used as the fuel tank for Seaspan LNG-powered 7000TEU containerships. The first tank will be delivered in mid-2023. Accompanied by Ms. YanXiaolin, Mr. Du Chengzhong and Mr. Song Shuming, the shipowner'srepresentative, Mr. Su Xiaohua started the ignition, and the T-GET’s first7000TEU B-type LNG fuel tank was successfully steel-cut.

About "T-GET" Company

T-GET wasestablished on March 28, 2022, with a total investment of 1 billion yuan and aproduction area of 80,000 square meters, of which the inner field is about60,000 square meters and the outer field is about 20,000 square meters. It ispositioned to build the core equipment production line of gas carriers, andplans to annually produce 22~26 LPG transport tanks/fuel tanks of various typesand supporting FGSS marine gas supply system. Currently, the company has on hand orders for 40000m3 LPG cargo tanks/fuel tanks, 36000m3 LEG cargo tanks/fuel tanksand 7000TEU container ship B- type LNG fuel tanks, which are scheduled to befully loaded until 2024.

The production ofT-GET is an important step forward for Yangzi Mitsui Shipbuilding Co., Ltd. toupgrade its product structure and lays a solid foundation for the group toundertake more orders of green and clean energy ships in the future.