CSSC Clause Samples

CSSC. CSSC is a state-authorized investment institution directly supervised and administered by the SASAC, and its core business includes shipbuilding, ship-repairing, processing, export/import of marine equipment, diversified businesses such as other steel structure manufacturing and international cooperation, joint venture operations, financing, technology trading and workforce exportation. As at the date of this announcement, CSSC, the indirect controlling shareholder of the Company, controls 827,032,590 Shares of the Company indirectly through China Shipbuilding Group, representing 58.51% of the issued Shares of the Company.