Yangzijiang Shipbuilding Group Co Ltd is a large enterprise with shipbuilding and marine engineering manufacturing as its main business and with shipping leasing, trade logistics and real estate as its sideline operations.
In 2021, with an annual revenue of 44.33 billion yuan ($6.65 billion), the group ranked 245th in the list of Top 500 Chinese private enterprises and 155th in the list of Top 500 Chinese private manufacturers.
The company's history can be traced back to 1956 when it started as a shipbuilding cooperative. After a series of developments, such as a factory relocation in 1975, stock restructuring in 1999, construction of a new plant across the river in 2005 and a share market listing in 2007, it is now one of the premier shipbuilders in the country – listed in Singapore.
The parent group consists of subsidiaries Jiangsu New Yangzi Shipbuilding Co Ltd, Jiangsu Yangzi Xinfu Shipbuilding Co Ltd, Jiangsu Yangzi-Mitsui Shipbuilding Co Ltd and Jiangsu Yangzijiang Shipbuilding Co Ltd. It is located on both sides of the golden waterway of Jingjiang, Taixing and Taicang cities in the lower reaches of the Yangtze River, 170 kilometers away from Shanghai and Nanjing.
At present, the total assets of the group exceed 70 billion yuan and its operations cover an area of more than 5 million square meters, with more than 7,000 meters of wharf shorelines and more than 6,000 employees.
The company has three giant dry docks and three large and medium-sized slipways, with an annual shipbuilding production capacity of 7 million DWT.
Its main products are large and medium-sized container ships, bulk carriers, oil tankers and liquid carriers – for chemicals, LNG, LEG and LPG – and other clean energy ships, various multi-purpose ships and ocean engineering equipment.
A busy shipyard which Yangzijiang Shipbuilding Group Co Ltd operates. [Photo/WeChat ID: tzfabu]