China State Shipbuilding Corporation
Encyclopedia
The China State Shipbuilding Corporation (CSSC) is one of the two largest shipbuilding
conglomerates
in China, the other being the China Shipbuilding Industry Corporation
(CSIC). CSSC consists of various ship yards, equipment manufacturers, research institutes and shipbuilding related companies in China. On 1 July 1999, some of its companies were spun off by the Government to form a separate conglomerate group, CSIC.
Some of the well known shipbuilding companies in China such as Jiangnan Shipyard
and Hudong-Zhonghua Shipbuilding are currently owned by CSSC.
Its subsidiary
, China CSSC Holdings Limited , is listed on the Shanghai Stock Exchange
.
Shipbuilding
Shipbuilding is the construction of ships and floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.Shipbuilding and ship repairs, both...
conglomerates
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
in China, the other being the China Shipbuilding Industry Corporation
China Shipbuilding Industry Corporation
The China Shipbuilding Industry Corporation is one of the two largest shipbuilding conglomerates in China, the other being the China State Shipbuilding Corporation . 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...
(CSIC). CSSC consists of various ship yards, equipment manufacturers, research institutes and shipbuilding related companies in China. On 1 July 1999, some of its companies were spun off by the Government to form a separate conglomerate group, CSIC.
Some of the well known shipbuilding companies in China such as Jiangnan Shipyard
Jiangnan Shipyard
Jiangnan Shipyard is a historic shipyard located in Shanghai, China. The shipyard has been state owned since its founding in 1865 and is now operated by Jiangnan Shipyard Co. Ltd. Before 2009, the shipyard was located to the south of central Shanghi Jiangnan Shipyard is a historic shipyard...
and Hudong-Zhonghua Shipbuilding are currently owned by CSSC.
Its 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 CSSC Holdings Limited , is 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...
.