China Shipbuilding Industry Corporation
Encyclopedia
The China Shipbuilding Industry Corporation (CSIC) is one of the two largest shipbuilding conglomerates in China, the other being the China State Shipbuilding Corporation
(CSSC). It was formed by the Government of the People's Republic of China
on 1 July 1999 from companies spun off from CSSC. It is headquartered in Beijing
. Its trade arm is China Shipbuilding & Offshore International Co. Ltd.
CSIC's subsidiary
, China Shipbuilding Industry Company Limited, was listed on the Shanghai Stock Exchange
in 2008.
CSIC has developed 10 main product sections: shipbuilding, marine engineering, diesel engines, storage batteries, large steel structure fabrications, port machinery, turbochargers, tobacco machinery, gas meters and automation distribution systems.
The main business scope of CSIC includes: management of all the state owned assets of the corporation and its subsidiaries, domestic and overseas investment and financing, undertaking scientific research and production of military products, mainly of warships, design, production and repair of domestic and overseas civil vessels, marine equipment and other non-ship products, various forms of economic and technological co-operation, overseas turnkey project contracting, labour export, projects of production with foreign materials, engineering project contracting, engineering construction, building construction and installation, and other business authorized.
(Dalian Shipbuilding Industry Company
), Tianjin
, Wuhan
, Xi'an
, Chongqing
and Kunming
, as well as 30 research institutes and ten laboratories developing naval and civil vessels and related equipment.
China State Shipbuilding Corporation
(CSSC) carried out fundamental institutional restructuring. Ship building and repair enterprises and related equipment manufacturers formerly owned by CSSC in areas of Dalian, Tianjin, Wuhan, Kunming and Xi’an, together with majority of the institutes under China Ship Research & Development Academy, formed China Shipbuilding Industry Corporation (CSIC), which was founded on 01 July 1999 in Beijing. This was part of the overall State Council
initiative of 01 July 1999, under which the Chinese government split the top five Defense and Technology Corporations into ten new enterprises. These corporations are all large State-owned enterprises (SOE's) under direct supervision of the State Council. These SOE's include the China State Shipbuilding Corporation (CSSC) and the China Shipbuilding Industry Corporation (CSIC).
, China Ship Research & Development Academy, China Ship Scientific Research Center, China Shipbuilding Trading Co Ltd, China United Shipbuilding Co Ltd (Hong Kong), China National Shipbuilding Equipment & Materials Corp and China Offshore Industrial Corp are all members of CSIC.
CSIC is the largest shipbuilding and shiprepair corporation in the country capable of undertaking newbuilding and shiprepair of various ships including VLCCs, surface and submersible naval vessels and naval supplementary boats up to a capacity of 300 000 dwt class. Ships of this description have been exported worldwide over 50 countries and regions. CSIC also consists of the country's main force on research and design of military ships. It has 28 scientific research institutes with over 360 major specialities involved.with about 30 000 technicians, six state-level laboratory centers, 150 large-scale laboratories and three state-level technological centers. CSIC is capable of developing and inventing new products with its strong scientific back up. CSIC is also the largest marine equipment manufacturer in the country. It has 38 plants producing marine diesel engines, marine equipment and auxiliary products including ship accessories for both military and civilian use. Some of these products are either produced under production licenses or technological transfer
. By using shipbuilding and military technologies, CSIC has strength in developing and manufacturing large turnkey
equipment. It has developed and produced hundreds of nonship products that have been used in more than 20 industries and fields such as aerospace
, metallurgy, hydro power, petrochemicals, tobacco, railways, coal, light industries and city construction. The nonship products are also exported worldwide.
China State Shipbuilding Corporation
The China State Shipbuilding Corporation is one of the two largest shipbuilding conglomerates in China, the other being the China Shipbuilding Industry Corporation . CSSC consists of various ship yards, equipment manufacturers, research institutes and shipbuilding related companies in China...
(CSSC). It was formed by the Government of the People's Republic of China
Government of the People's Republic of China
All power within the government of the People's Republic of China is divided among three bodies: the People's Republic of China, State Council, and the People's Liberation Army . This article is concerned with the formal structure of the state, its departments and their responsibilities...
on 1 July 1999 from companies spun off from CSSC. It is headquartered in Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
. Its trade arm is China Shipbuilding & Offshore International Co. Ltd.
CSIC's subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
, China Shipbuilding Industry Company Limited, was listed on the Shanghai Stock Exchange
Shanghai Stock Exchange
The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...
in 2008.
CSIC has developed 10 main product sections: shipbuilding, marine engineering, diesel engines, storage batteries, large steel structure fabrications, port machinery, turbochargers, tobacco machinery, gas meters and automation distribution systems.
The main business scope of CSIC includes: management of all the state owned assets of the corporation and its subsidiaries, domestic and overseas investment and financing, undertaking scientific research and production of military products, mainly of warships, design, production and repair of domestic and overseas civil vessels, marine equipment and other non-ship products, various forms of economic and technological co-operation, overseas turnkey project contracting, labour export, projects of production with foreign materials, engineering project contracting, engineering construction, building construction and installation, and other business authorized.
History
CSIC consists of 96 enterprises located in northern China, and employs over 300,000 persons. Assets include shipbuilding and industrial enterprises in DalianDalian
Dalian is a major city and seaport in the south of Liaoning province, Northeast China. It faces Shandong to the south, the Yellow Sea to the east and the Bohai Sea to the west and south. Holding sub-provincial administrative status, Dalian is the southernmost city of Northeast China and China's...
(Dalian Shipbuilding Industry Company
Dalian Shipbuilding Industry Company
Dalian Shipbuilding Industry Company Dalian Shipbuilding Industry Company Dalian Shipbuilding Industry Company (DSIC or in , located in Dalian, Liaoning, China, is the largest shipbuilding company in China. It is part of China Shipbuilding Industry Corporation (CSIC), one of the two state-owned...
), Tianjin
Tianjin
' is a metropolis in northern China and one of the five national central cities of the People's Republic of China. It is governed as a direct-controlled municipality, one of four such designations, and is, thus, under direct administration of the central government...
, Wuhan
Wuhan
Wuhan is the capital of Hubei province, People's Republic of China, and is the most populous city in Central China. It lies at the east of the Jianghan Plain, and the intersection of the middle reaches of the Yangtze and Han rivers...
, Xi'an
Xi'an
Xi'an is the capital of the Shaanxi province, and a sub-provincial city in the People's Republic of China. One of the oldest cities in China, with more than 3,100 years of history, the city was known as Chang'an before the Ming Dynasty...
, Chongqing
Chongqing
Chongqing is a major city in Southwest China and one of the five national central cities of China. Administratively, it is one of the PRC's four direct-controlled municipalities , and the only such municipality in inland China.The municipality was created on 14 March 1997, succeeding the...
and Kunming
Kunming
' is the capital and largest city of Yunnan Province in Southwest China. It was known as Yunnan-Fou until the 1920s. A prefecture-level city, it is the political, economic, communications and cultural centre of Yunnan, and is the seat of the provincial government...
, as well as 30 research institutes and ten laboratories developing naval and civil vessels and related equipment.
China State Shipbuilding Corporation
China State Shipbuilding Corporation
The China State Shipbuilding Corporation is one of the two largest shipbuilding conglomerates in China, the other being the China Shipbuilding Industry Corporation . CSSC consists of various ship yards, equipment manufacturers, research institutes and shipbuilding related companies in China...
(CSSC) carried out fundamental institutional restructuring. Ship building and repair enterprises and related equipment manufacturers formerly owned by CSSC in areas of Dalian, Tianjin, Wuhan, Kunming and Xi’an, together with majority of the institutes under China Ship Research & Development Academy, formed China Shipbuilding Industry Corporation (CSIC), which was founded on 01 July 1999 in Beijing. This was part of the overall State Council
State Council of the People's Republic of China
The State Council of the People's Republic of China , which is largely synonymous with the Central People's Government after 1954, is the chief administrative authority of the People's Republic of China. It is chaired by the Premier and includes the heads of each governmental department and agency...
initiative of 01 July 1999, under which the Chinese government split the top five Defense and Technology Corporations into ten new enterprises. These corporations are all large State-owned enterprises (SOE's) under direct supervision of the State Council. These SOE's include the China State Shipbuilding Corporation (CSSC) and the China Shipbuilding Industry Corporation (CSIC).
Business areas
CSIC is the largest group in China in the field of design, manufacture, and trade of military and civil ships, marine engineering and marine equipment. CSIC is a very large state owned enterprise (SOE) supervised by The State Council, a state authorised institution of investment, to combine investment with the industry, industry with trade, research and production, undertaking scientific & technological research and design on ships, civil vessels, marine equipment, production and sales of civil electro- mechanical products.Enterprises
Consisting of some of the enterprises and institutes of former China State Shipbuilding Corporation (old CSSC), it has a total 97 member units, assets worth of RMB 34 billion, annual turnover of RMB11 billion, 1.1 million DWT shipbuilding output per annum. There are 48 industrial enterprises, 28 scientific & technological research institutes, 15 share holding companies in CSIC, spread in more than 20 provinces and cities in China. Among its subsidiaries, CSIC has the world renowned Dalian Shipyard, Dalian New Shipyard, Bohai Shipyard, Wuchang Shipyard, Shanhaiguan Shipyard, China Ship Research & Development Academy, China Shipbuilding Trading Company Ltd., China National Shipbuilding Equipment & Material Corporation, China Offshore Industrial Corporation, etc.Shipbuilding
CSIC possesses the largest shipbuilding and ship repair bases, capable of undertaking research, design, manufacture and repair of various civil vessels up to the capacity of 300,000 DWT, marine engineering, surface and submersible combat vessels, naval supplementary boats, under water weapons and other related equipment. The hundreds of civil vessels, marine engineering projects and other machinery and electronics designed and built by CSIC have been exported to dozens of countries and regions. By utilizing shipbuilding and military technologies, CSIC has developed hundreds of electro-mechanic products which have been used in more than 20 domestic industries and fields such as aerospace, metallurgical, hydroelectricity, light industries, etc. The world renowned Dalian shipyard, Dalian New Shipyard, Bohai Shipyard, Shan Hai Guan Shipard, Wuchang Shipard, Dalian Marine Diesel Engine Works, Shaanxi Diesel Engine FactoryShaanxi Diesel Engine Factory
The Shaanxi Diesel Engine Factory of Shaanxi, China is a major producer of diesel-powered electrical generators and high-speed prime movers for large-scale marine applications and is one of China's key state enterprises for the production of such engines.It is a subsidiary of China Shipbuilding...
, China Ship Research & Development Academy, China Ship Scientific Research Center, China Shipbuilding Trading Co Ltd, China United Shipbuilding Co Ltd (Hong Kong), China National Shipbuilding Equipment & Materials Corp and China Offshore Industrial Corp are all members of CSIC.
CSIC is the largest shipbuilding and shiprepair corporation in the country capable of undertaking newbuilding and shiprepair of various ships including VLCCs, surface and submersible naval vessels and naval supplementary boats up to a capacity of 300 000 dwt class. Ships of this description have been exported worldwide over 50 countries and regions. CSIC also consists of the country's main force on research and design of military ships. It has 28 scientific research institutes with over 360 major specialities involved.with about 30 000 technicians, six state-level laboratory centers, 150 large-scale laboratories and three state-level technological centers. CSIC is capable of developing and inventing new products with its strong scientific back up. CSIC is also the largest marine equipment manufacturer in the country. It has 38 plants producing marine diesel engines, marine equipment and auxiliary products including ship accessories for both military and civilian use. Some of these products are either produced under production licenses or technological transfer
Technology transfer
Technology Transfer, also called Transfer of Technology and Technology Commercialisation, is the process of skill transferring, knowledge, technologies, methods of manufacturing, samples of manufacturing and facilities among governments or universities and other institutions to ensure that...
. By using shipbuilding and military technologies, CSIC has strength in developing and manufacturing large turnkey
Turnkey
A turn-key or a turn-key project is a type of project that is constructed by a developer and sold or turned over to a buyer in a ready-to-use condition.-Common usage:...
equipment. It has developed and produced hundreds of nonship products that have been used in more than 20 industries and fields such as aerospace
Aerospace
Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space...
, metallurgy, hydro power, petrochemicals, tobacco, railways, coal, light industries and city construction. The nonship products are also exported worldwide.
Market position
The market task of CSIC is to strengthen its market position with core businesses on military products and shipbuilding in which the military products are on priority. It also diverts into other industries while concentrating on technological innovation and cost controlling. The main business scope of CSIC includes: managing the group and its subsidiaries assets; domestic and overseas investing and financing; research and development of military products with more focus on warships; designing, producing and repairing civilian ships, marine equipment for both domestic and overseas markets; various forms of economic and technological cooperation; and overseas turnkey project contracting, labour exporting, construction and installation. CISC is also authorized to carry out other businesses.See also
- China State Shipbuilding CorporationChina State Shipbuilding CorporationThe China State Shipbuilding Corporation is one of the two largest shipbuilding conglomerates in China, the other being the China Shipbuilding Industry Corporation . CSSC consists of various ship yards, equipment manufacturers, research institutes and shipbuilding related companies in China...
- China Shipbuilding Corporation (Republic of ChinaRepublic of ChinaThe Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...
)