China Shipbuilding Industry Corporation

China Shipbuilding Industry Corporation
Native name
中国船舶重工股份有限公司
Company typeState owned company
IndustryShipbuilding, defense
PredecessorChina State Shipbuilding Corporation
Founded1 July 1999; 25 years ago (1999-07-01)
FateMerged with China State Shipbuilding Corporation
SuccessorChina State Shipbuilding Corporation Limited
Headquarters,
Area served
Worldwide
Key people
Hu Wenming (胡问鸣) (Chairman)
ProductsShips, submarines, diesel engines, storage batteries, large steel structure fabrications, port machinery, turbochargers, tobacco machinery, gas meters and automation distribution systems
ParentSASAC
Websitewww.csic.com.cn
China Shipbuilding Industry Corporation
Simplified Chinese中国船舶重工股份有限公司
Traditional Chinese中國船舶重工股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Chuánbó Zhònggōng Gǔfèn Yǒuxiàn Gōngsī
Abbreviation
Chinese中船重工
Transcriptions
Standard Mandarin
Hanyu PinyinZhōng Chuán Zhònggōng
China Shipbuilding Industry Company Limited
SSE: 601989
IndustryShipbuilding
Headquarters,
China
Area served
Worldwide
Websitecsicl.com.cn
The CSIC Chuandong Shipyard in Miaoyin'an, Chongqing

The China Shipbuilding Industry Corporation (CSIC) was one of the two largest shipbuilding conglomerates in China, the other was the China State Shipbuilding Corporation (CSSC). In 2019, CSIC was merged into CSSC.

CSIC was formed by the Government of the People's Republic of China on 1 July 1999 from companies spun off from CSSC, and is 100% owned by State-owned Assets Supervision and Administration Commission (SASAC) of State Council.[1] Headquartered in Beijing, the CSIC handled shipbuilding activities in the north and the west of China, while the China State Shipbuilding Corporation (CSSC) dealt with those in the east and the south of the country.

CSIC's subsidiary, China Shipbuilding Industry Company Limited (CSICL), was listed on the Shanghai Stock Exchange in 2008. Its trade arm is China Shipbuilding & Offshore International Co. Ltd (CSOC).[2]

CSIC developed 10 main product sections: shipbuilding, marine engineering, diesel engines, storage batteries, large steel structure fabrications, port machinery, turbochargers, tobacco machinery, gas meters, and automation distribution systems.

The main business scope of CSIC included management of all state owned assets of the corporation and its subsidiaries, domestic and overseas investment and financing, undertaking scientific research and production of military products,[3] mainly of warships, design, production and repair of domestic and overseas civil vessels, marine equipment and other non-ship products, various forms of economic and technological co-operation, overseas turnkey project contracting, labour export, projects of production with foreign materials, engineering project contracting, engineering construction, building construction and installation, and other business authorized.

  1. ^ CSICL 2012 annual report page 59
  2. ^ http://www.csic.com.cn/en/Survey.htm Archived 19 August 2019 at the Wayback Machine (Introduction)
  3. ^ Allen-Ebrahimian, Bethany (24 June 2020). "Defense Department produces list of Chinese military-linked companies, 20 years after mandate". Axios. Archived from the original on 25 June 2020. Retrieved 24 June 2020.