ZPMC PANAMA CORPORATION

ZPMC Panama is the wholly subsidiary of ZPMC Shanghai. Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) is a famous heavy-duty equipment manufacturer, and a state owned company listed on A and B shares on Shanghai Stock Exchange. The major shareholder is China Communication Construction Co., Ltd. (CCCC) which is one of top 500 companies in the world. The former company was Gongmao Shipyard founded in 1885 and it was renamed Shanghai Zhenhua Heavy Industries Co., Ltd. in 2009. ZPMC headquarters is located in Shanghai. ZPMC also has 10 production bases located in Shanghai, Nantong with total area of 6,670,000 square meters and 10 kilometers coastline, especially the Changxing Base, which has a 5 kilometers deep water coastline, and includes a heavy-duty dock of 3.7 kilometers. ZPMC is the largest port machinery heavy-duty equipment manufacturer in the world and owns a fleet of 25 transportation ships which are from 60,000 DWT to 100,000 DWT can deliver products to all over the world.