CMI Qingdao Shipyard

China Merchants has completed the acquisition of its seventh shipyard, Qingdao Yangfan Shipbuilding. Qingdao Shipyard Co., Ltd,(formerly known as State-owned Qingdao Shipyard), has been established since 1949. It is a State-owned enterprise, which is a wholly owned subsidiary of Qingdao Huatong State-owned Capital Operation (Group) Co., Ltd., its registered capital is CNY 1.05billion, and has its wholly owned subsidiary named Qingdao Yangfan Shipbuilding Co., Ltd. The company has built more than 600 vessels during its almost 70 years achievement since the establishment of the shipyard, the built main ship types of 205K DWT large bulk carrier, offshore supply vessel, official purpose ship, passenger ship, and other special kind of ships. The company is a major shipbuilding enterprise within Shandong Province and a national high-tech enterprise, it has got the authentication of International Quality System Certification ISO9001-2008, Certification of Occupational Health and Safety Assessment Series OHSAS18001-2004, and the Environmental Management System Certification ISO14001-2004. The company’s shipbuilding base is located at east of the Central Zone of Qingdao Oceantec Valley, situated at Nvdao Shipbuilding Heavy Industry Base, Jimo District, Qingdao, where is 90 kilometers away from downtown of Qingdao city. Land area of the shipyard is 790K square meters, equipped with nationally first class facilities and equipments, possess of a strong research and design team as well as the production team. The company endeavors to develop in three industrial fields: 1) Nationally first class shipbuilding base for military ships, official purpose ships, and other high-tech and high value-added ships, 2) R&D and manufacturing base for artificial intelligence high-tech ocean engineering equipments and accessories, 3) Base for automobile and container port logistics. By means of continuous exploration and innovation as well as constant improvement by pushing forward the production configuration towards digitization, networking and artificial intelligence, Qingdao Shipyard Co., Ltd. intends to be developed to a high-tech ocean equipments industrial group.