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On June 26, the shipping company of SUMEC Co., Ltd. (hereinafter referred to as SUMEC) signed a contract with Bulgarian shipowner Industrial Holding Bulgaria (IHB) to build 2+1 Crown 63 3.0 version bulk carriers. IHB Chairman of the Board Dimitar Zhelev, General Manager Plamen Dimitrov, SUMEC Party Committee Secretary and Chairman Yang Yongqing, and Chairman of the Shipping Company He Jun attended the signing ceremony. Xu Gang, Vice Chairman of the Shipping Company, presided over the signing ceremony.

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Yang Yongqing introduced the company's main business and business development. He said that IHB is a well-known company in Bulgaria and has broad prospects for cooperation with SUMEC in shipping, shipyard, steel casting, port services, machine tool export and other business sectors. He hoped that both parties would take this signing as an opportunity to give full play to their respective advantages and jointly promote the smooth implementation of the project.

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Dimitar Zhelev said that SUMEC has rich experience in the shipping industry and strong professional strength, and is a high-quality partner of IHB. He believes that the signing of this shipbuilding contract will enable both parties to work together to carry out broader business cooperation and help both parties achieve better development.

SUMEC Shipping adheres to the dual-wheel drive model of "shipbuilding + shipping", deeply cultivates the medium-sized bulk carrier market, strengthens the ship design, research and development and construction capabilities, continuously iterates and upgrades advantageous ship types, seizes the opportunities of industrial development, and continuously promotes high-quality development. The ULTRAMAX brand Crown 63 3.0 version bulk carrier type independently developed and designed by the shipping company has a large cargo capacity, energy saving and environmental protection. 19 ships have been successfully delivered and the market response is good. At present, the Crown 63 3.0 version bulk carrier has received orders from Greece, the United Kingdom, Turkey, the United Arab Emirates, Egypt, Japan, Taiwan, China, Hong Kong, China and other countries and regions. The successful signing of this project has brought the total order volume of the Crown 63 3.0 version bulk carrier to 94 ships, and the brand has successfully entered the Central and Eastern European market.

Established in March 1999, SUMEC International Technology Co. Ltd. is the core backbone of SUMEC Group Corporation, which is subordinate to China National Machinery Industry Corporation (Sinomach). Sinomach is one of the important state-owned backbone enterprises directly managed by the central government and ranked 284th in the world top 500 in 2021.
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