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China CSSC Holdings Ltd

China CSSC Holdings Limited engages in the shipbuilding and repair businesses in China. It also offers ship and electromechanical equipment; and provides marine engineering services. China CSSC Holdings Limited was founded in 1998 and is based in Shanghai, China.

Price · split & dividend adjusted
News & notes moving 600150.CG
600150.CG

Sun Changqing Appointed Deputy General Manager and Chief Accountant of China State Shipbuilding Corporation

China State Shipbuilding Corporation has appointed Sun Changqing as Deputy General Manager and Chief Accountant. On August 6, the company convened the eighth meeting of its ninth board of directors via telecommunication, where the relevant appointment proposal was reviewed and approved. Sun Changqing's term runs from the date of this board resolution until the end of the ninth board's tenure. According to the resume attached to the announcement, Sun Changqing was born in 1974 and holds professional qualifications as a senior accountant at the researcher level and a certified tax agent. He graduated from Renmin University of China in 1998 with a degree in accounting and has long served in financial roles within the CSSC system. He previously served as deputy director and director of the finance department of Jiangnan Heavy Industry, deputy chief accountant and director of the financial management department of CSSC Steel Structure Engineering, CFO of CSSC Carnival Cruise Shipping, CFO of Adora Cruises, and deputy chief accountant and chief accountant of CSSC Cruise Technology Development. China State Shipbuilding Corporation is the only listed company globally to have built aircraft carriers, large LNG carriers, and large cruise ships, with asset scale and industry influence leading the world.
CLS·21dRead more ▾
600150.CG

COSCO SHIPPING Development Subsidiary to Build 15 New 210,000-DWT Bulk Carriers for a Total of 7.92 Billion Yuan

COSCO SHIPPING Development announced plans to build 15 new 210,000-deadweight-ton bulk carriers through its wholly-owned subsidiary Hainan COSCO SHIPPING Development Shipping Co., Ltd., with a total investment of 7.92 billion yuan. Of these, 10 vessels will be constructed by Waigaoqiao Shipbuilding with a transaction value of 5.28 billion yuan, and 5 vessels will be built by Xiangyu Shipbuilding with a transaction value of 2.64 billion yuan. The ships are expected to be delivered gradually starting from May 2030 and will be chartered on a long-term operating lease to COSCO SHIPPING Bulk.
每日经济新闻·29dRead more ▾
600150.CG2impact 4

China State Shipbuilding expects first-half net profit to rise 212% to 273% year-on-year

China State Shipbuilding announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 9.20 billion yuan and 11.00 billion yuan, representing a year-on-year increase of 212% to 273%. The profit growth is mainly due to a sufficient order backlog and a full production schedule. Leveraging a mature construction system and the advantages of batch and rhythm production, production and operations have been stable and orderly. At the same time, the company has strengthened lean management and deepened cost control. The number of delivered commercial shipbuilding products, the proportion of mid-to-high-end vessel types, and the average price per vessel have all increased year-on-year, leading to an improvement in operating performance compared with the same period last year.
CLS·45dRead more ▾
600150.CG

Shanghai Composite rebounds on fading US rate hike expectations and improving services PMI

On the 3rd, the Shanghai Composite Index rebounded in mainland China trading, closing at 4043.64, up 14.74 points or 0.37 percent from the previous day. In addition to bargain hunting after the sharp decline, buying of consumer-related stocks that had been lagging lifted the market. Fading expectations for a US rate hike provided support from the external environment, and China's services Purchasing Managers' Index significantly exceeding market forecasts also invited buying. By sector, auto-related stocks were firm, with Sailun Tire up 5.2 percent, Yutong Bus up 5.1 percent, and Foton Motor up 4.7 percent. Shipbuilding also rose, with China State Shipbuilding Corporation up 8.1 percent and CSSC Defense up 6.1 percent. On the other hand, chemical stocks were sold, with Zhejiang Juhua down 10.0 percent, and non-ferrous and precious metals also declined, with Yunnan Precious Metals down 8.8 percent. The Shanghai B-share index ended at 274.28, up 3.44 points or 1.27 percent, while the Shenzhen B-share index finished at 1117.81, down 0.14 points or 0.01 percent.
フィスコ·55dRead more ▾