New Times Shipbuilding Co. Ltd is located in Xingang industrial Park Jingjiang City, Jiangsu Province of China, 10 km downstream from Jiangyin Bridge. They are the first local 10,000 tonner shipbuilding enterprise, whose annual shipbuilding capacity ranks third place for years in china. It covers an area of 1,600,000 sqm, the total length of its shoreline is 3200 meters and the sum of its total assets is about 20 billion RMB.