Greater China
Tongfang Jiangxin Shipbuilding gets financial support from parent
Shanghai: Shanghai-listed Tsinghua Tongfang, a high-tech enterprise in China, announced that it plans to replenish RMB335m capital into its subsidiary Tongfang Jiangxin Shipbuilding in order to expand its shipbuilding capacity.
Tongfang Jiangxin Shipbuilding is a major shipbuilder in Jiangxi, it used to be an affiliate shipyard of CSSC, and was acquired by Tsinghua Tongfang in 2006. [18/09/14]