On April 15, Jiangsu Yangzi Hongda Ship Repair and Construction Co., Ltd.—a green, high-tech ship repair, refit, and delivery base project funded by Yangzijiang Shipbuilding Group—was established in the Tongzhou Bay Demonstration Zone of Nantong City, Jiangsu Province, China. Wu Xinming, Secretary of the Nantong Municipal Party Committee, and Ren Letian, Chairman of Yangzijiang Shipbuilding Group, witnessed the signing ceremony.
Jiangsu Yangzi Hongda Ship Repair and Construction Co., Ltd. is a green, high-tech ship repair, refit, and delivery base project in which Yanzijiang Shipbuilding has made a significant strategic investment in the Tongzhou Bay Demonstration Zone. The company primarily engages in the repair, refit, and delivery of various types of green, high-tech vessels.
According to reports, Jiangsu Yangzi Hongda Ship Repair and Construction Co., Ltd. was established on April 13, 2026, with a registered capital of $100 million, and is wholly owned by Yanjiang Shipbuilding Group.
The signing and implementation of the Yangzi Hongda Ship Repair and Construction Project aligns with Yangzijiang Shipbuilding Group’s development strategy of focusing on its core shipbuilding business and striving for strength through maritime development. With this development, the number of shipyards under Yangzijiang Shipbuilding has increased to six. The other five are New Yangzi Shipbuilding, Yangzi Xinfu Shipbuilding, Yangzi Mitsui Shipbuilding, Yangzi Hongyuan Shipbuilding, and Zhoushan Tsuneishi Shipbuilding, which completed its capital injection in March 2025.
It is worth noting that Yanzijiang Shipbuilding’s other new yard, Yangzi Hongyuan Shipbuilding, was established in April 2024 and is still under construction, with completion scheduled for 2026. Yanzijiang Shipbuilding Group is actively planning and securing new ship orders suitable for Yangzi Hongyuan Shipbuilding. Preliminary shipbuilding work (such as steel structure fabrication) has already commenced in the first quarter of 2026, with the first newly built vessel expected to be delivered in 2027.
The Yangzi Hongyuan Shipbuilding project has a shoreline of approximately 1,320 meters and covers an area of approximately 1,300 mu (about 86.7 hectares). It will include a 300,000-tonnage dry dock, a 200,000-tonnage outfitting quay, and a 100,000-tonnage harbor basin, with an annual production capacity of approximately 800,000 deadweight tons. The shipyard is equipped with an 1,800-ton gantry crane with a span of 178 meters, a lifting height of 90 meters, a lifting capacity of 1,800 tons, and a turning capacity of 1,000 tons, capable of meeting the high-intensity lifting requirements for large sections of clean energy vessels and other similar projects.
As China’s first shipbuilding company to list on the Singapore Stock Exchange and a leading private shipbuilder in the country, as of March 31, 2026, Yanzijiang Shipbuilding Group had a total of 256 vessels on order, with an order value of approximately $22.78 billion, scheduled for delivery between 2026 and 2030.
According to data from BRS Shipbrokers, based on order backlog in deadweight tonnage, in 2025, Yanzijiang Shipbuilding Group ranked seventh globally and fifth in China with an order backlog of 244 vessels and 20.9 million deadweight tons. Its order backlog accounted for 6.3% of the total order volume of Chinese shipbuilders and 4.4% of the global order backlog.