Dajin Heavy Industry (SHE:002487) agreed to build two bulk carriers for a Greek shipowner for $153 million, according to a Shenzhen bourse filing on Tuesday.
The ships will each have a capacity of 211,000 deadweight tons.
The Chinese ship maker will deliver the ships to the undisclosed buyer by 2029.
Dajin Heavy's shares slipped 1% during the morning trade.