China Cssc Holdings Limited (China)

After the compietion of the acquisition of 100% stakes in Shanghai Waigaoqiao Shipbuilding, 100% equity in Elizabeth West Marine and 54% equity in Wenchong voyage Companies held by the China Shipbuilding Group and other organizations through the private placement, the new listed company initially possesses a shipbuilding industry chain with the manufacture, repairation and disposition based on the original marine engine business. China Shipbuilding Group-the parent company injected these assets into the listed company to make its best assets to achieve the civilian shipbuilding market, the company has therefore changed its name to "China's ship", and became a civilian with the international competitiveness of the shipbuilding business. Currently, the ship's plan is, to 2015, the economies of scale, technology level and management level, talents, and achieve profitability reach to the world-leading, and become the world's largest shipbuilding group.