1.CSSC Huangpu Wenchong Shipyard has a very good development prospect. CSSC Huangpu Wenchong Shipping Co., Ltd. is located in Huangpu District, Guangzhou, adjacent to Huangpu Port, covering an area of 700,000 square meters, with a dock coastline of 1.500 meters and a berth of 25,000 tons.
2. Wenchong's predecessor, Guangzhou Zhongchuan Wenchong Wharf Co., Ltd. (Wenchong Wharf), is the only company under the former China Shipbuilding Industry Corporation specializing in the repair and modification of ships and marine equipment, and is one of the first ten ship repair enterprises in China to undertake the repair of foreign ships.
3. However, due to the financial crisis, persistent market downturn, unreasonable capital structure and heavy asset burden, Wenchong Wharf suffered losses year after year, and was included in the special governance scope of state-owned enterprises by SASAC in 20 16.