China Shipbuilding Industry to delist as part of CSSC merger

China Shipbuilding Industry Company Limited announced the termination of its A-share listing on the Shanghai Stock Exchange, effective September 5, 2025. This follows the approval of its absorption by China State Shipbuilding Corporation Limited. Each share of China Shipbuilding Industry A-shares will be converted into 0.1339 shares of China State Shipbuilding A-shares. Post-merger, China State Shipbuilding will assume all assets, liabilities, businesses, personnel, contracts, and other rights and obligations of China Shipbuilding Industry, which will then be delisted.

The delisting is due to a stock-for-stock absorption merger, with China State Shipbuilding being the acquiring A-share company. The decision was made by the Shanghai Stock Exchange on August 29, 2025.

Separately, China Shipbuilding Industry announced that China Shipbuilding Industry Finance Company Limited, a non-banking financial institution under its controlling shareholder, reported total assets of 2,487.31 bn yuan and a net profit of 8.41 bn yuan for the first half of 2025. Its key regulatory indicators are in compliance, and its internal controls are deemed sound.