Yangzijiang Shipbuilding Group Limited is a large private corporate group with shipbuilding and offshore engineering as its core business and with fore additional sections: financial investment, metal trading, real estate and shipping combined ship-leasing as supplymentatry business. The Group history can be traced back to 1956: it was firstly a combined ship-repiaring and shipbuilding company, and after factory relocated in 1975, share reformed in 1999, new factory constructed in the opposite side of Yangtze river in 2005, and company listed in Singapore stock market in 2007, The Group now has become the first Chinese shipbuilding company listed in Singapore. The Group is managing and operating Jiangsu New Yangzi Shipbuilding Co., Ltd., Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd, Jiangsu Yangzi-Mistui Shipbuilding Co., Ltd and Jiangsu Yangzijiang Shipbuilding Co., Ltd distributed at the golden channel of Jingjiang and Taixing city, the downstream of Yangtze River in Jiangsu Province. The Group is also running Jiangsu Yangzijiang Offshore Engineering Equipment Co., Ltd and owns two design companies in Shanghai. The Group covers total an area of 5 million square meters, along the line of about 7000 meters, having around 6000 employees. Yangzijiang Group has three large dry-docks and six large and medium size slipways, with shipbuilding capacity of annual output of 6 million deadweight tons and has mainstream products of 700TEU to 24,000TEU container vessels, 7600dwt to 400,000dwt bulk carriers , oil tankers, liquid carriers as chemicals, LNG, LEG, LPG and other clean energy ships, various multi-purpose vessels and offshore engineering equipments.more

NANTONG COSCO KHI SHIP ENGINEERING CO., LTD.（hereinafter called “NACKS”） is a large-scale shipbuilding joint venture between China Ocean Shipping (Group) Company (hereinafter called “COSCO”) and Kawasaki Heavy Industries Ltd. (hereinafter called “KHI”). COSCO, as one of the largest shipping companies in the world, owns and operates about 800 vessels with a total capacity of over 50 million DWTs. KHI has two world-class shipyards at Kobe and Sakaide. COSCO and KHI have been enjoying a good cooperation for several decades. In order to take the full advantage of both sides in capital, shipbuilding technology, ship market and management experience, COSCO and KHI jointly invested 5 billion RMB￥ to establish this new shipbuilding venture. The registered capital of NACKS is 1.46 billion RMB￥ equally shared by COSCO and KHI. The yard layout, with advanced production facilities and equipments, is quite reasonable. NACKS mainly engages in the construction of various kinds of bulk carriers, 150,000DWT to 300,000DWT oil tankers, super-panamax container ship and large-scale car carrier and Special Ship and LNG etc,. Integrating with the advanced shipbuilding technology and management mode of production introduced from KHI and the successful experience of COSCO in organization and management, NACKS, since its foundation in 1999, has made remarkable accomplishment in worldwide shipbuilding industry and successfully realized the great leap-forward development constructing from 47,000DWT Bulk Carrier → 5,400TEU Container Ships, 300,000DWT VLCC → 5,000PCC → 6,200PCC →300,000DWT VLOC →10,000TEU Container Ships →13,386TEU Container Ships, With the constructing of 13,386TEU container ship and 28,000-DWT General Cargo Ship(Heavy Lift), NACKS made further progress in high-tech shipbuiding field. Since its foundation, NACKS has setted several new records in Chinese shipbuilding industry in terms of ship type, and its steel use ratio, power consumption per 10 thousand USD of output value, and other economic and technical index are keeping leading within China for years. In addition, the successful development of NACKS also fully satisfied by its two shareholders, local government, and all parties in the society. It has been successively awarded as “Top 500 Chinese Foreign-Funded Enterprise”, “Top 200 Chinese Export Enterprise”, “Top 500 Chinese Import-Export Enterprise”, “Top 100 Chinese Machinery Enterprise”, and “National Labor Award”. After development for years, NACKS has fostered and developed advantages in terms of talent, technology, and management. In the future, NACKS will further accelerate to upgrade products, and strive to become an important base of designing, developing, and manufacturing of high-level ships, and keep taking the lead in shipbuilding market.more