The company is a limited liability company approved by the State Council's State-owned Assets Supervision and Administration Commission and established by China Shipbuilding Industry Corporation, Anshan Iron and Steel Group Corporation, and China Aerospace Science and Technology Corporation as initiators. It was registered with the State Administration for Industry and Commerce on March 18, 2008. On December 16, 2009, the company was listed on the Shanghai Stock Exchange. The main business covers five major business segments, including marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship support and mechanical and electrical equipment, strategic emerging industries, and others. The main products include new energy equipment such as wind power, photothermal energy, nuclear energy, etc., marine ballast water systems, energy saving and environmental protection equipment, engineering, and intelligent equipment. Corporate honors: In 2018, the company was selected in the 8th Forbes list of the world's most innovative enterprises, becoming the only shipbuilding company in the world; the company's market-based debt-for-equity swaps project won the first prize of the 2018 Defense Technology Industry Enterprise Management Innovation Achievement Award.
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