4th Oct 2011 14:30
04 October 2011 |
Dongfang Shipbuilding (Group) Company Limited
("Dongfang" or the "Group")
Share Price Movement
The Board of Dongfang notes the recent movement in the Company's share price and confirms that it knows of no specific reason for this movement.
- Ends -
For further information:
Dongfang Shipbuilding | |
Chen Tongkao, Chief Executive Officer | |
www.dongfangship.com.cn | |
AKM Ismail, Finance Director | Tel: +44 (0) 7786 712 459 |
Northland Capital Partners Limited | |
Luke Cairns / Edward Hutton | Tel: +44 (0) 20 7796 8800 |
Media enquiries:
Abchurch Communications Limited | |
Joanne Shears / Quincy Allan | Tel: +44 (0) 20 7398 7709 |
www.abchurch-group.com |
About Dongfang
With two shipyards in key shipbuilding regions in China, Dongfang is a leading manufacturer of multi-purpose container ships and chemical tankers.
The Group owns and operates two ship yards; one in Yuenqing City, Zhejiang province, and a new yard in Anqing, Anhui province which was established in 2007, giving the business capacity for considerable growth. Across the two shipyards, the Group occupies 814,000 sq. m. of land along 2,400m of usable coastline.
Dongfang's expertise are focused on the construction of ships between 3,000 DWT to 50,000 DWT size vessels such as chemical tankers, container vessels, multi-purpose cargo vessels and bulk vessels. In addition to this well established shipbuilding business, Dongfang operates a shipping charter business through its subsidiaries in Hong Kong and Singapore. The shipping business focuses on delivering specialised cargo such as wind turbines and chemical products, which would ordinarily be difficult and costly to ship.
Dongfang was established in 1986, and is now one of the Top 500 Chinese Machinery Enterprises.
For more information, please see: www.dongfangship.com.cn
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