With the goal of building a leading investment company in Asia, Yangzijiang Financial Holding, which was established by the spin-off of the investment business department of Yangzijiang Shipbuilding Group, was officially listed.
Through this spin-off, Yangzijiang Shipbuilding Group, which owns two listed companies, will continue to focus on its core shipbuilding business, aiming to become the world’s best shipbuilding company.
At 1:00 p.m. on April 28, Yangzijiang Financial Holdingwas successfully listed on the mainboard ofSingapore Exchange Limited.
In the past 2021, Yangzijiang Shipbuilding achieved the best performance in 10 years. The group’s total revenue for the year was 16.767 billion yuan, a year-on-year increase of 13%; of which the core shipbuilding business revenue was 13.198 billion yuan, an increase of 32.37% compared with 9.97 billion yuan in the same period in 2020. Net profit attributable to shareholders was 3.698 billion yuan, an increase of 47% compared with the same period last year, the highest since 2011.
