China Shipbuilding Industry Co., Ltd. (hereinafter referred to as "the company"), formerly known as Hudong Heavy Machinery Co., Ltd., was approved by China Shipbuilding Industry Corporation in the document of "Ship Integrated Health (1998)4 1No." and the National Economic System Reform Commission in the document of "Reorganization Health (1998) 17". On April 20th, 20 14, the company publicly issued 70 million ordinary shares in RMB with a par value of RMB 1 yuan, accounting for 3 1.88% of the total share capital, and was listed and traded on the Shanghai Stock Exchange on May 20th, 20 14.
China Shipbuilding Industry Co., Ltd., formerly known as Hudong Heavy Machinery Co., Ltd., was founded in/kloc-0 and listed in May, 1998. On July 3, 2007, Kloc-0, Hudong Heavy Machinery acquired assets such as Waigaoqiao Shipbuilding Co., Ltd. and changed its name to "China Shipbuilding Industry Co., Ltd.". On June 28th, 2007, 10, "China Ship" agreed to set up Hudong Heavy Machinery Co., Ltd. with the diesel engine business and assets investment of the former Hudong Heavy Machinery Company. The company covers an area of about10.5 million square meters, employs more than10.3 million people, and the annual production capacity of diesel engines reaches 2 million horsepower. After the baptism of listed companies, the company gradually established and improved the modern enterprise management system, with more standardized management, continuous improvement of operating efficiency, rapid improvement of production scale and economic benefits.