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Trades about 47% below its sector, cheaper than its peers on earnings.
Fujian Highton Development Co., Ltd. is a maritime shipping company specializing in the transport of dry bulk goods across both domestic Chinese and international waters. Its fleet handles a wide array of commodities, including essential raw materials like coal, iron ore, and slag, in addition to agricultural products such as fertilizers and grain. The company's business model encompasses both voyage and time charter arrangements, alongside standard cargo shipping operations. Its substantial fleet consists of 51 dry bulk carriers in total, comprising 19 vessels on long-term lease and 32 wholly owned and operated ships. Established in 2009, the firm is headquartered in Fuzhou, China.
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