Shanghai: China International Marine Containers (CIMC) is planning an offshore finance business and high-end marine services at Qianhai, the special economic zone currently under development in Shenzhen, Mai Boliang, president of CIMC revealed at the latest shareholder’s meeting.
According to Mai, CIMC has already submitted a development plan to relevant authorities, and currently the plan is under discussion.
Mai said CIMC will team up with a Hong Kong company, a financial institute to start the new businesses.
“We are also clearing away the unprofitable businesses,” Mai said, adding that the offshore business of the company might come back to profit this year. [01/07/14]