Shanghai-listed Zhongchang Marine is facing the risk of delisting from the stock exchange if it cannot get back to profit by the end of this year.
The company reported a net loss of RMB9.03m for the first three quarters of the 2015, having already suffered consecutive losses for the past two years.
Zhongchang Marine is currently planning a major restructuring deal and has suspended stock trading since August 18.
Zhongchang Marine is focused on the domestic market, operating a fleet with six bulkers with total capacity of 247,000dwt.
