Jiangsu New Rongsheng Heavy Industry Co., Ltd., located in Nantong, Jiangsu Province, has re-emerged as a significant player in the global shipbuilding industry after nearly a decade of dormancy. Formerly known as Jiangsu Rongsheng Heavy Industries, the company was once China's largest private shipbuilder but ceased operations in 2014 due to financial difficulties. In 2024, the shipyard resumed operations under its new name, signaling a robust resurgence in the maritime sector.more