Did Zhejiang Jinhai Heavy Industry go bankrupt?

No.2017 China Ship News, Jinhai Heavy Industry Co., Ltd. located in Zhoushan, Zhejiang Province announced that due to development needs, the company was officially renamed Jinhai Zhizao Co., Ltd., and its business scope will also extend from the original ship construction and marine engineering equipment to ship intelligent systems, industrial robots, smart cars, aerospace vehicles, photovoltaic power generation and so on. So it didn't go out of business, just changed its name.