China Shipbuilding Industry Corporation (CSIC)

Established in July 1999, China Shipbuilding Industry Corporation (CSIC) is a major state-owned enterprise group and one of China's largest shipbuilding and shiprepairing groups. It has 46 industrial subsidiaries and 28 R&D institutes.
CSIC is an entity directly under the state government with state authorisation for investment and capital management. The group has a total asset base of USD 27.54 billion and a workforce of 140,000.
The CSIC group includes a number of well-known shipyards, diesel engine manufacturers and research institutes. Among these are the Dalian Shipbuilding Industry Co., Ltd., Bohai Shipbuilding Heavy Industry Co., Ltd., Wuchang Shipyard, Shanhaiguan Shipyard, Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd., Dalian Marine Diesel Works, China Ship Research & Development Academy and China Ship Scientific Research Centre. In addition to these pioneering companies, CSIC also has many specialised companies in different business sectors such as China S... [Details]