China Shipbuilding Industry Corporation (CSIC)

Established in July 1999, the China Shipbuilding Industry Corporation (CSIC) is a leading State-owned business and one of China’s largest shipbuilding and ship repair groups. Its marine sector covers both naval and merchant ships and equipment manufacturing. It also designs, develops and manufactures a wide-range of non-marine products.

CSIC is one of the largest business groups operating under the central government with the authority to manage its own finances and investment strategy. It is also the only company in the Chinese shipbuilding industry listed among the Fortune Global 500.

The CSIC group includes a number of well-known shipyards, diesel engine manufacturers and research institutes which are associated with its flagship listed subsidiary -- China Shipbuilding Industry Co Ltd. These companies are Dalian Shipbuilding Industry Co Ltd, Bohai Shipbuilding Heavy Industry Co, Wuchang Shipbuilding Industry Co, Shanhaiguan Shipbuilding Industry Co, Qingdao Beihai Shipbuilding Heavy Industry Co, Tianjin Xingang Shipbuilding Heavy Industry Co, Dalian Marine Diesel Co, the China Ship Research & Development Academy and the China Ship Scientific Research Center. In addition to these pioneering companies, the group also contains specialized subsidiaries in different marine-related businesses and R&D sectors, namely China Shipbuilding & Offshore International Co Ltd, China Ship Design & Research Centre Co Ltd, CSIC Finance Co, CSIC Technology Investment Development Co and China Shipbuilding Industry Equipment & Materials Co.

In addition to having the largest shipbuilding and repair facilities in China, CSIC is also the leading player in research and design of naval and merchant ships. The group employs academicians and highly qualified engineers at its national class laboratories and national class technological research centers and large-scale laboratories.

With this unrivalled scientific research and development base, CSIC has a large capability to design, develop and manufacture new products. It designs, builds and repairs a wide-range of ships including tankers, chemical and product carriers, bulk carriers, container ships, ro-ro vessels, LPGs, LNGs, offshore and other special vessels and equipment. Ships built by CSIC shipyards have been exported to over 60 countries and regions.

Besides shipbuilding and ship repairing, CSIC is also a major marine engine and equipment manufacturer covering a full range of products. These products include marine diesel engines, auxiliary engines, electronic instruments and military weapons. The technology of these products combines CSIC’s innovation with technology transfers from leading international manufacturers in their fields.

CSIC’s product range extends beyond the maritime industry and into the realm of designing and manufacturing of advanced large turnkey equipment and high-tech products. CSIC has self-developed and produced hundreds of non-marine products covering the five industry sectors. of energy, transportation, electronics information, large turnkey equipment and logistics. Many of these products have become market leaders in their respective sectors.

CSIC has a very clear strategy: to become China’s leading provider of warships and related equipment and systems.

The group intends to extend its front line ship building role in China to the world as a whole.