On December 2, CSSC Nanjing Luzhou Machine Co., Ltd, a subsidiary of China State Shipbuilding Corporation (CSSC), and Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) signed a cooperation agreement on the development of high and new technology ship products in Nanjing.
Witnessed by Wang Hongqi, Chairman of the Board and Secretary of the Party Committee of CSSC Nanjing Luzhou Machine and Wang Qi, Chairman of the Board and Secretary of the Party Committee of SWS, Mr. Chen Zhifeng, Deputy General Manager of CSSC Nanjing Luzhou Machine and Mr. Guo Yong, Deputy Chief Engineer of SWS, signed the cooperation agreement, which showed the infinite expectations and firm determination of both parties for the future development of cooperation.
Wang Qi pointed out that SWS and CSSC Nanjing Luzhou Machine are both subsidiaries of CSSC, and the two sides have maintained a good cooperative relationship for a long time. CSSC Nanjing Luzhou Machine has always been a strong backing for SWS. The signing of this cooperation agreement aims to further expand the business scope, deeply tap the potential of product development, break the inherent cooperation model, and make new breakthroughs in product quality, performance and cost control, continuously enhance the competitiveness of both parties in the domestic and foreign markets, achieve mutual benefit and win-win results, and promote both parties to better implement the group’s development strategy.
Wang Hongqi said, through the cooperation with SWS, we can make full use of the complementary advantages of both sides in terms of technology, talents and resources, etc. SWS has excellent technical R&D capability and advanced management experience in shipbuilding and other related fields, which will provide new ideas and directions for the product development of CSSC Nanjing Luzhou Machine. And the technical expertise and manufacturing capability of CSSC Nanjing Luzhou Machine can also provide a strong guarantee for the smooth implementation of the cooperation. The technical expertise and manufacturing capability of CSSC Nanjing Luzhou Machine can also provide a strong guarantee for the smooth implementation of the cooperation.
The signing of this cooperation agreement is not only a need for the development of both parties, but also a reflection of the positive response to the Group’s strategic layout. This cooperation will help integrate CSSC’s internal resources, improve the efficiency of resource utilization and form a strong synergy for development.