Jiangxi New JiangZhou Shipbuilding Heavy Industry Co.,Ltd was established on March 31, 2023 with registered capital of 50 million CNY. Its main businesses include steel ship manufacturing for both civil and public service ship type, as well as bridge steel structure manufacturing, ship repair etc. Its major targeted segment market is Medium & Small vessels including but not limited liquid cargo ship, feeder container vessel, bulk carrier & multi-purpose vessel to be mostly focused as major product scope.
The Company is located at Xiachao Lake, Matou town, Ruichang city, Jiangxi Province, at the east corner under Yangtze River Wuxue Bridge in the territory of Jiangxi province, on the opposite river side of Wuxue city in Hubei province. It is about 60 kilometers to Jiujiang city and about 150 kilometers to Nanchang city (airport). CRH speedy train connects either West Ruichang station or Jiujiang/Lushan station, with easy transportation to shipyard by car. A very unique geographic advantage of location is that the shipyard owns the total fresh water area of Xiachao Lake about 2,400 acres, with average water depth of 8m all year around, a level-controlled water gate connects Xiachao Lake & Yantze River.
Upon establishment, the major investors of the Company are QinShi Group Co., Ltd, whom is holding control of the public company Bestway Marine and Energy Technology Co., Ltd, and Jiangsu Yangchuan Investment Development Co., Ltd, whom was subsidiary controlled by public company Yangzijiang Shipbuilding Group.
The Company is a shipyard undertaking medium-and-high scale of shipbuilding projects in Jiangxi Province, being the fruit of local government investment promotion in 2023 which is knownas "Green Materials& High standard Shipbuilding Project". To secure pure clean title of all necessary production facility for this new company being inherited from the former entity of shipyard named Jiangxi Jiangzhou Union Shipbuilding Co., Ltd, all types of real estate and facilities were free of-charge taken over from Ruilian Investment management Co.,Ltd , a subsidiary of Ruichang city Investment Company under government control.
The original former entity known as Jiangxi Jiangzhou Union Shipbuilding Co., Ltd was the privatization of a historical state-owned shipyard in China named Jiangzhou Shipyard(granted No.6214) since the year 1969 , used to be a military background and the largest shipbuilding enterprise in Jiangxi province, developed under the ship Group of CSSC in the north. During past years once owning more than 7,000 employees at its peak season. Whereas nowadays the Jiangxi New Jiangzhou Shipbuilding Heavy Industry Co.,Ltd is successfully restructured and reorganized from its predecessor to take on a brand new look in shipping industry. As a symbolic announcement to open new era of ship building business this company has declared steel cutting for newbuilding projects on the date 30th Nov 2023.
The Company is totally qualified for taking in orders of construction of vessels, it owns the qualification type of Class I Category II for shipbuilding & Class I and Category Ill for ship repair, as well as CCS management system. In possession of a lake side outfitting wharf in length of 750meter, a in-lake-pier in length of 400meter, plus an outfitting wharf in length of 360m at Yangtze river line. The Company covers an area of approximately 1,560 acres, with one unit of 6,720㎡ indoor slipway in size of 168m x 36m with lifting height 25.8m and two units of outdoor slipways each representing 14625㎡ in size of 250m x 37m and 10868㎡in size of 250m x 37m respectively, with lifting height 40m.
In the future development, Jiangxi New Jiangzhou Shipbuilding Heavy Industry Co.,Ltd will be under strict and modern enterprise management in competitive strategies to become a listed company in China, to enhance deeper cooperation with two leading mother companies of Qinshi Group and Yangtze Group in multiple fields, aiming to expand business scope and inject strong investment into technical research to build and deliver modern ships in high level quality for customers over the world.