In 2014, the company completed 100% of annual plan for total industrial output, which has up 15% than 2013. Shipbuilding output completed 116% of annual plan, which has up 22 from a year earlier; ship repair output completed 98% of annual plan, which has up 48% from a year earlier.

The company increased the intensity of market development, continued to accelerate product- structure adjustment under the market’s directive.

      In 2014, the company increases the intensity of market development under the market’s directive, and continues to speed up the product structure adjustment; keeps as much as 3% of the contract value which has increased 205% from 2013 to 2012. It is the first time to undertake the ship building contract of 6.5 ton crude oil tanker. New progress has been made in product structure adjustment. Marine engineering, shipbuilding, ship repairing, non-marine & military products account for 33%、45%、16%、5%、1%.

     With the new achievement in operation and product structure adjustment, capacity problem has improved significantly, company economy achieve a significant rebound. 10 vessels /159200 ton have been completed in the year in ship-building aspect; shipyard has been completed 213 vessels which grows up to 17%. By the end of 2014, the company has signed shipbuilding order of 28 vessels/ 1261500 ton.