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China Rongsheng Heavy Industries Group Holdings Limited (1101.HK)

1.36 0.00(0.00%) Aug 28, 3:59AM EDT
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China Rongsheng Heavy Industries Group Holdings Limited
Two Exchange Square
Suites 2505–2508
Hong Kong - Map
Phone: 852 3900 1888
Fax: 852 2180 7880

Index Membership:N/A
Sector:Industrial Goods
Industry:Diversified Machinery
Full Time Employees:3,568

Business Summary 

China Rongsheng Heavy Industries Group Holdings Limited, an investment holding company, is engaged in shipbuilding, marine engine building, offshore engineering, and engineering machinery activities. Its Shipbuilding segment is involved in the manufacture and construction of various vessels, including bulk carriers, crude oil tankers, and containerships. As of December 31, 2013, it had 94 vessels, representing a total of approximately 12.1 million deadweight tonnage (DWT), including 18 vessels of 64,000 DWT bulk carriers, 28 Panamax bulk carriers, 13 very large ore carriers, 1 Panamax crude oil tanker, 23 Suezmax crude oil tankers, 2 very large crude oil carriers, 1 vessel of 6,500 twenty-foot equivalent unit (TEU) containerships, and 6 vessels of 7,000 TEU containerships. The company’s Offshore Engineering segment constructs drilling units, offshore engineering process units, offshore engineering auxiliary vessels, etc. for marine projects. Its Engineering Machinery segment manufactures and distributes hydraulic excavators and crawler cranes. The company’s Marine Engine Building segment builds marine diesel engines. It is also involved in manufacturing mechanical and electrical equipment, and accessories for shipping production; storing shipping material; carrying cargo; manufacturing and installing pipeline and shipping equipment; providing shipping services and consultation for shipbuilding; and trading vessel accessories. In addition, the company is engaged in the steel construction engineering; manufacture, processing, and sale of steel and accessories, and metal proceeding products; sale of building materials; wholesale and retail of electronic machinery products; and building of shipowners club, as well as design, manufacture, and sale of marine high-power diesel engine parts and semi-finished parts. It serves oil and gas related customers and markets primarily in the People’s Republic of China. The company is headquartered in Central, Hong Kong.

Key Statistics

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Key Executives 
Mr. Qiang Chen , 53
Chairman, Chief Exec. Officer, Chairman of Fin. & Investment Committee and Member of Corp. Governance Committee
Mr. Zhen Guo Wu , 64
Vice Chairman, Chairman of Remuneration Committee and Chairman of Rongsheng Heavy Industries
Mr. S. J. Wang , 50
Chief Financial Officer, Exec. Director, Member of Corp. Governance Committee and Member of Fin. & Investment Committee
Mr. Tao Wang , 41
Exec. Director
Mr. Ning A. Wei , 63
Exec. Director and Member of Nomination Committee
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in HKD.