Sunday, October 12, 2008

Guangzhou Shipyard International

Guangzhou Shipyard International Limited or GSI ,, which was by China State Shipbuilding Corporation and founded in 1954, is the largest modern integrated shipbuilding enterprise in Southern China of the People's Republic of China. It was reorganized and issued H share in Hong Kong Stock Exchange and A share in Shanghai Stock Exchange in 1993 respectively. It is also the only shipbuilding stock in Hong Kong.

It is engaged in the construction and of vessels; manufacturing and trading of steel structure and mechanical and electrical equipment, transportation services and shiprepairing services. It has shipyards in Guangzhou and Foshan in Guangdong Province respectively. Its chairman is Mr. Li Zhushi.

Benefited by Chinese central government's and international flourishing shipbuilding market, the company has been many-fold net profit rise since 2006.

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