China's state-owned Jiangnan Shipyard exceeded its 2019 ship sales target several months ahead of its deadline and is expecting more orders before the end of the year.

Sitting under the umbrella of China State Shipbuilding Corp (CSSC), Beijing gave Jiangnan a newbuildings target of CNY 5.5bn ($781.5m), up CNY 1bn year on year.

“We have accomplished the mission set by the group company,” Jiangnan's science and technology committee leader Hu Keyi said.