23°04′19″N 113°15′05″E / 23.072053°N 113.251255°E / 23.072053; 113.251255
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Native name | 中船海洋与防务装备股份有限公司(中船防务) |
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Company type | public |
SEHK: 317, SSE: 600685 | |
Industry | Shipbuilding and Shiprepairing |
Founded | 1954 |
Headquarters |
,
China
|
Area served | Worldwide |
Key people | Li Zhushi (Chairman) |
Parent | China State Shipbuilding Corporation |
Website | comec.cssc.net.cn |
CSSC Offshore & Marine Engineering (Group) Company Limited (COMEC), formerly Guangzhou Shipyard International Company Limited (GSI), is the largest modern integrated shipbuilding enterprise based in Southern China. It was founded in 1954 and is parentedbyChina State Shipbuilding Corporation (CSSC). It was reorganized and issued H shareinHong Kong Stock Exchange and A-shareinShanghai Stock Exchange in 1993 respectively.[1] It is also the only shipbuilding stock listed in Hong Kong.[2]
It is engaged in the construction and tradingofvessels; manufacturing and trading of steel structure and mechanical and electrical equipment, container transportation services and ship repair services. It has shipyardsinGuangzhou and FoshaninGuangdong Province respectively. Its Chairman is Li Zhushi.[3]
Benefited by Chinese central government Eleventh Five-Year Plan and international flourishing shipbuilding market, the company has seen many-fold net profit rise since 2006.[4]