By Xia Xiaojian

The year 2017 was a tough year for CSSC Huangpu Wenchong Shipbuilding Co Ltd and also an arduous year of transformation, exploration and improvement of quality and efficiency.Under the firm leadership of CSSC Party Leading Group, Huangpu Wenchong studied the Party 19th Congress spirit,tried to break through reform difficulties,“ensure military supply, stabilize ship business and vigorously develop new industry”, completed gross industrial output value of RMB12.42 billion in the whole year, completed and delivered 35 ships, basically kept steady economic indicators and made new progress and new achievements.

In 2017 Huangpu Wenchong closely cen tered on supp ly-side structural reform, focused on transformation and development, and actively cultivated new points of economic growth. In the 35 ships delivered in the year were included global first smart ship iDolphin 38800DWT smart bulk carrier, first advanced ocean engineering equipment exported to Egypt, “Belt and Road”friend ly m essenger -- MMC 88 multifunction platform supply ship, global largest retrofitting semi-submersible and China’s southern region first wind power installation platform and domestic first pipeline tunneling power positioning engineering vessel...a new record after another became milestone for Huangpu Wenchong transformation and development and corporate product mix high-end and diversity become more evident.

In new orders, Huangpu Wenchon catered to new trends and new changes of market development, sought sally port, signed 21 civil ships of 13 models and stored precious “food” for the Company to tide over market winter and usher in spring. In diversified development, the Company vigorously imp lemen ted relevant development strategy, established CSSC (Guangzhou)New Energy Co Ltd, CSSC Huangpu Zhengli Offshore Engineering Co Ltd;actively cooperated with Sanya city to boost high-end yacht R&D base project;received RMB930 million worth of new orders of deep middle channel, Zhaoqing bridge steel structure, etc. Non-marine industry aggregation and percentage both hit an all-time high.

A t the same time, Huangpu Wenchong closely combined science and technology with production and operation, achieved new progress in scientific and technological innovation in 2017. In boosting brand ship model,Huangpu Wenchong guided market with green, energy-efficient, smart and integrated products, developed 1200t wind power platform, 4000kW rescue ship, polar 2150TEU container ship,600FEU refrigerated container ship,totaling 15 models of new ships and obtained positive feedback of market and series orders. The Company firm ly set up five development new concepts,strove to do well in military-civil product depth integration and informatization and industrialization depth integration,accumulatively completed 376 patent applications, 33 external applications for the establishment of scientific research projects and appraisal of 6 scientific and technical payoffs.

Amidst fierce market competition,Huangpu Wenchong faced up to problems and difficulties, aimed at quality and efficiency improvement and focused on boosting intrinsic uplift.

Firm ly deepen reform, invigorate intrinsic power of corporate development;further straighten out functions and duties of the Company, set up integrated rules and regulations system framework, build efficient organizational management framework; gradually form a longlasting mechanism of “boosting uplift by showing trend, making up for shortfall and uplift advantages”.★