The secretary and general manager of China Shipbuilding Industry Co., Ltd Mr. Li Changyin and vice general manager Mr. Wu Qiang, the vice secretary and governor of Hebei province Mr. Guo Gengmao and the vice governor Mr. Zhang He proceed the inauguration of Shanhaiguan Shipbuilding Industry Co., Ltd. The vice governor Mr. Zhang He presides the ceremony.
    The fixed asset investment of Shanhaiguan shipbuilding base is 2.6 billion and the construction goal is that: the western area is mainly in 80,000-100,000 tonnages Panama carrier and also apt to large ship building, which can make the best of available resources and hold together the available facilities and new building facilities. After finish the project, 950,000 tonnage ability in one year will be formed. In eastern area, No.1 dock will spread in order to form 150,000 tonnages ability one year (about 4-6 less than 30,000 ton vessels). The shipbuilding ability of the two areas attains 1,100,000 tonnages.