Milestones


2007
   
12 Nov : We successfully launched two 2,500 TEU containerships from the newly constructed dry dock located in our new yard.
June    : Completion of the construction of our new shipyard.
18 April : Our shares were listed on the mainboard of the Singapore Exchange Securities Trading Limited.
15 March : We were converted to a public limited company and changed our name to Yangzijiang Shipbuilding (Holdings) Ltd.
     
2005    
21 Dec : We were incorporated in Singapore under the Singapore Companies Act as a private limited company under the name Yangzijiang Shipbuilding (Holdings) Pte. Ltd.
12 May   We established Jiangsu New Yangzi Shipbuilding Co., Ltd. (“JNYS”) to construct and operate our new shipyard for our future expansion.
     
2000 to 2004 : We restructured our Group and some of our shareholders injected additional capital to fund our growth.
     
2002 : We delivered a 1,180 TEU reefer containership.
     
2001 : We constructed cargo carriers with a combined weight of 38,000 DWT for export to Germany. In the same year, we upgraded our facilities by procuring additional hoisting equipment and an additional dock, and continued to increase the
delivery of our vessels to Germany.
     
1999 : We ceased being a wholly state-owned enterprise as a result of a management buyout when certain employees, including our Executive Chairman and Jiangsu Yangzijiang Shipbuilding Co., Ltd. (“JYS”) Labour Union, acquired in aggregate 70.0% of our shareholding interest. The Jiangyin Traffic Bureau continued to hold the remaining 30.0% shareholding interest until 2002.
     
1998 : We completed and delivered the vessels to Germany. This was a significant milestone for us as our vessels complied with specific standards required by European shipowners and provided us a track record to attract additional customers.
     
1996 : We constructed our first containership that we exported to Hong Kong. We also obtained a contract for the construction of vessels for delivery to Germany.
     
1993 : We obtained our import and export operating rights and became one of the major exporting shipbuilders in the Jiangsu province.
     
1987 : We produced and exported a 146-foot multi-purpose cargo carrier to Hong Kong. We continued to expand our operations and sourced for business opportunities within and outside PRC.
     
1984 : We produced our first car ferry.
     
1977 : We built a steel cargo carrier of approximately 1,000 tons with our expanded production capacity.
     
1975 : We relocated to Jiangyin city, PRC, to gain direct access to the deep-water coastline along the Yangtze River to expand our production facilities.
     
1968 : We built our first steel cargo carrier.
     
1956 : We commenced operations as a wholly state-owned enterprise with a paid-up capital of RMB196,800 and were engaged in the construction of wooden vessels.
     
   

 

 

Home | IR @ Zaobao | Member Companies | Member Stock Prices | ST / BT News | Company Announcement
Copyright ©2008 Singapore Press Holdings Ltd. Co. Regn. No. 198402868E. All rights reserved.
Privacy Statement     Conditions of Access     Advertise