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Establishedon July 1st, 1999, China Shipbuilding Industry Corporation (CSIC) isa major state-owned enterprise formed by merging some enterprises andinstitutions of the former corporation. CSIC is a state-authorized investmentinstitution and asset management entity.

As oneofChina'slargest shipbuilding and ship-repairing groups, CSIC has 46 industrialsubsidiaries, 28 R&D institutes and 140000 workers, with its total assetsstanding at 190 billion RMB. It includes Dalian Shipbuilding Industry Co., Ltd,Bohai Shipbuilding Heavy Industry Co., Ltd, Wuchang Shipbuilding Industry Co.,Ltd, Shanhaiguan Shipbuilding Industry Co., Ltd, Qingdao Beihai ShipbuildingHeavy Industry Co., Ltd, China Ship Research and Development Academy, ChinaShip Scientific Research Center, etc. With the leading force of research anddesign in China, CSIC now has the largest base for shipbuilding andship-repairing in China, 8 national key laboratories, 7 state-level enterprisetechnical centers and more than 150 large-scale laboratories, able to ……

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