Rong Hua Chang

Shanghai Jiangnan Changxing Heavy Industry Co., Ltd. manufactures steel structures, port machinery, as well as marine, mining, and electrical equipment. Shanghai Jiangnan Changxing Heavy Industry Co., Ltd. is based in Shanghai, China. Shanghai Jiangnan Changxing Heavy Industry Co. was acquired by Jiangnan Shipyard Group Co. Ltd., part of the Government of China, on February 28, 2018, for $85.82 million. The Chinese company also distributes machinery and invests in engineering projects. It is ultimately controlled by the Government of China.

Jiangnan Shipyard Group Co. Ltd. is a shipping group materials company based in Shanghai, China. The Chinese company's main business includes shipbuilding and material procurement services. It is ultimately controlled by the Government of China. On March 23, 2020, Jiangnan Shipyard Group Co. was acquired by China CSSC Holdings Ltd. from China State Shipbuilding Corp. Ltd. for $3,459.14 million.