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On April 5 this year, CSSC Power signed a “Investment Agreement†with China Shipbuilding Heavy Industry Group and China Heavy Industry Co., Ltd. to jointly establish “China Shipbuilding Heavy Industry Group Diesel Engine Co., Ltd.â€, registered in Huangdao District, Qingdao; registered capital: RMB 382,830,200,000; Yichang Marine Diesel Engine Co., Ltd. accounted for 74.21% of the registered capital; Dalian Marine Diesel Engine Co., Ltd. accounted for 21.88% of the registered capital; CSIC Group held the exclusive capital of RMB 149.8 million held by Dalian Shipai The equity contribution of the company accounts for 3.91% of the registered capital. Through the establishment of subsidiaries, CSIC can effectively integrate low-speed machine enterprise resources, reduce procurement and manufacturing costs, reduce capital use costs, thereby improving overall competitiveness and creating a low-speed machine service system.
On June 1, Shao Kaiwen, deputy secretary and deputy general manager of China Shipbuilding Heavy Industry Party Group, announced on behalf of the group party group that the leadership of China Shipbuilding Industry Group Diesel Engine Co., Ltd. (China Shipbuilding) was appointed: Zhang Delin is the director, chairman and legal representative of China Shipbuilding Mr. Shi Yugao is the director, general manager, party committee member and deputy secretary of the party committee of China Shipbuilding; Zhang Weihua and Liu Shuzhen are directors and party committee members of China Ship Chai; Li Haibo and Li Weishun are directors of China Ship Chai; Zeng Zhaohui is the Chinese ship Chai Supervisor, Chairman of the Board of Supervisors, Party Committee Member, Deputy Secretary of the Party Committee, Member of the Disciplinary Committee, Secretary of the Disciplinary Committee; Yang Xiaoqiang is the Deputy General Manager and Party Committee Member of China Ship Chai; Liu Xianle is the Chief Engineer and Party Committee Member of China Shipbuilding; Wu Haiping and Chen Shuhui are the Chinese Ships Chai Supervisor, member of the Disciplinary Committee.
In the next step, CSIC will include two other companies engaged in the production of medium and high-speed diesel engines, and build Diesel Engine Co., Ltd. into the largest domestic scale, with a full range of high-power diesel engines covering high, medium and low speed. Manufacturing base for production capacity.
CSIC has just invested RMB 3.828 billion in Qingdao to establish China Shipbuilding Heavy Industry Group Diesel Engine Co., Ltd. (China Ship Chai). This is the second-level subsidiary of CSSC, which was introduced by Qingdao after the Marine Equipment Research Institute Co., Ltd., and the first manufacturing enterprise headquarters of CSIC Group in Qingdao. Since last year, CSIC has integrated the marine diesel engine manufacturing resources and determined to establish a diesel engine business headquarters in Qingdao. The company's first phase integrates the research and development production capacity of Yichang Ship Chai, Dalian Ship Chai and the original Qingdao Haixi Wärtsilä marine high-power low-speed diesel engine, forming a “one headquarters, three bases†pattern. The Qingdao headquarters gathers R&D, sales and after-sales services. One, Yichang, Dalian, Qingdao three bases are responsible for manufacturing, the company's total assets reached 10.6 billion yuan.