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Ship-equipment maker to raise 6.4b yuan through float

China Daily | Updated: 2009-11-26 07:58

Ship-equipment maker to raise 6.4b yuan through float

China Shipbuilding will use IPO funds to build or expand 22 projects. Oyang Zubing

SHANGHAI: China Shipbuilding Industry Co, the nation's largest maker of vessel equipment, plans to raise at least 6.4 billion yuan selling shares as China tries to pare its reliance on Japanese and South Korean marine engines.

Ship-equipment maker to raise 6.4b yuan through float

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