On March 20, 2019, China Heavy Industry announced that it intends to transfer 100% equity of Bohai Shipbuilding Heavy Industries Co., Ltd. held by the company to the heavy ship ship heavy industry, and Bohai Shipbuilding Heavy Industry became a wholly-owned subsidiary of the big ship ship heavy industry.
According to the announcement, Dachuan Heavy Industry Co., Ltd. is a leading domestic and internationally renowned ship and marine equipment manufacturing enterprise. It is also a national key insurance company with military-civilian integration. It is capable of providing life cycle for product development, design, construction, maintenance and modification. The serviced shipbuilding enterprise group is also an equipment manufacturing enterprise group that gathers five business segments, including military, shipbuilding, marine engineering equipment, repair/recycling, and heavy industry.
Barge Heavy Industry became a wholly-owned subsidiary of Dachuan Heavy Industry
The company is mainly engaged in the R&D, design, construction, repair and modification of ships, marine engineering and ancillary equipment. It is a large-scale modernization integrating shipbuilding, ship repair, marine engineering, large-scale steel structure processing, metallurgical equipment and large-scale hydropower equipment manufacturing. enterprise. Dachuan Heavy Industry and Barge Heavy Industries are currently wholly-owned subsidiaries of the company.
The announcement stated that the integration of the heavy ship heavy industry and the barge heavy industry is in line with national policy requirements and is conducive to the company's future development.
First, through integration, we will continue to deepen the supply-side structural reform, increase resource integration, adjust and optimize the layout structure, reduce excess capacity, expand effective supply, promote slimming, improve quality, and promote the company's ship and marine equipment business. Upgrade.
Second, through integration, accelerate the deep development of military-civilian integration, unify development strategy, optimize resource allocation, better play the role of advantageous enterprises, ensure the completion of military scientific research and production tasks, continuously improve the company's ability to build and strengthen the military, and provide equipment for building a world-class navy. Support and promote the realization of the strategy of strengthening the ocean.
On March 19th, China Heavy Industry just announced the announcement of the big ship shipping company Big Ship Shipping Company and the big ship steel industry entering bankruptcy liquidation. After the two loss-making companies entered the bankruptcy liquidation procedure, they could terminate the negative impact on the financial situation of China Heavy Industry. Therefore, it is regarded as “a bag” by the industry.
Earlier in June 2016, 100% equity of Shanhaiguan Shipbuilding Heavy Industry Co., Ltd., which suffered a continuous loss of 2 years, was transferred to the Big Ship Group and became a wholly-owned subsidiary of the Big Ship Group.
On March 9, Xiao Yaqing, director of the State-owned Assets Supervision and Administration Commission of the State Council, stated that he would actively and steadily promote strategic restructuring in the field of shipbuilding. On March 14th, the leader of the China Shipbuilding Group, Lei Fanpei, and China’s heavy industry leader Hu Wenming met, and the market’s speculation that the North and South ships would merge in 2019 was once again warming up.
In the past two days, the “North Ship” medium ship heavy industry issued an intensive announcement, integrating its assets, or paving the way for the integration of North and South ships.