According to CoinMeta, Zhongyuan HaiNeng announced that its wholly-owned subsidiary Hainan HaiNeng has signed construction contracts for 4 VLCC crude oil tankers with Dachuan Heavy Industry. The total contract value for the ships is 3.793 billion yuan, with a total investment of approximately 3.829 billion yuan. The company has increased Hainan HaiNeng's capital by 1.896 billion yuan in cash. This transaction has been approved by the board of directors and does not constitute a related-party transaction or a major asset reorganization. The 4 ships are scheduled to be delivered between September 2029 and May 2030.