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Business Description

China State Shipbuilding Equipment and Materials Corporation Limited(CSEMC as the English acronym), being a wholly-owned subsidiary of China State Shipbuilding Corporation(CSSC), with registered capital totaling 300 million yuan, is the largest and most important main channel for material supply in the shipbuilding industry.

Headquartered in Beijng, CSEMC has set up holding companies in Shenyang, Wuhan, Guangzhou, Shanghai, Chongqing, Kunming, Tianjin, Dalian, Wuxi, Yangzhou, Anshan, Tangshan, Yingkou, Hong Kong and other places, with marketing networks covering all over the country. By the end of 2010, CSEMC had a total assets of 20 billion, 22 holding companies and 987 practitioners, gathering a great number of young, promising and positive upward talent in the logistics field with expertise in operation and management and familiarity with international rules.

Extending across 2 major fields of the military and civilian industry, geared to both the Chinese market and overseas, CSEMC keeps reinforcing its main businesses such as steel products, non-ferrous metals, rubber, oil products, electrical and mechanical equipment operation, and accelerates the development of steel products processing and distribution, equipment supporting, real estates, cable cutting, wine businesses, hotel chains and other related industries. CSEMC has established wide business contact with manufacturing and processing enterprises, and formed businesses cooperation relations with more than 20 countries and regions in Europe, America, Japan, Korea, Australia, Brazil, South Africa, Eqypt, Russia, Vietnam and India.

Since 2005, CSEMC has advanced by leaps and bounds, its sales income and profit keep increasing and refreshing records, achieving a increase of sales income from 6.2 billion in 2004, to 36.8 billion in 2010, to 40 billion in 2011. CSEMC has got the special prize of"legal representative of member company of CSIC" five years in succession, graded as "grade A ratepaying credit company" by taxation of state of Beijing and regional taxation of Beijing four years in succession.

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