CSICL is authorized by State Asset Supervision and Administration Commission, registered in State Administration For Industry and Commerce in March 18, 2008, China Shipbuilding Industry Corporation、Anshan Iron And Steel Group Corporation、China Aerospace Science And Technology Corporation launched the establishment of limited liability company. According to the approval of China Securities Regulatory Commission, the company released 1.995 billion shares to the public by public offer in December 2009. It is listed in the Shanghai Stock Exchange in Dce 16, 2009. After the issue is completed, the firm's total shares is 6.651 billion, CSICL holds 65.13% of the company shares.
According to the modern enterprise system and laws and regulations of capital market, the company establishes a scientific and perfect management system and governance structure. In the headquarter there are 8 functional departments to manage 28 wholy-owned and holding subsidiary company, including r&d, production and management, financial, investment, capital operation and so on. And in accordance with laws and regulations requirement of security competent department, seeting up special organizations to unified management investor relations work, information disclosure and other business, forming a good interaction with capital market.
By 30 June 2010, the total asset reaches 42.279 billion yuan, owners' equity is 21.612 billion yuan. In the first half year of 2010, the company operating profit is 0.953 billion yuan, year-on-year earnings growth is 45.45%, the total profit is 0.98 billion yuan, year-on-year earnings growth is 17.48%, shareholders of listed companies is vested in the net profit of 0.797 billion yuan, year-on-year earnings growth is 15.92%. |