China: Yiu Lian Dockyards and Wartsila Marine Business Sign Alliance Agreement

On the afternoon of August 12, the signing and listing ceremony of the alliance of Yiu Lian Dockyards Ltd and Wartsila Marine Business observed the grand opening on Mazhou Island, Mr. Guido Pfister, the vice president of Wartsila Repair Service (Shanghai) Co., Ltd. as well as Mr. Cheng Xueqi, the general manager of Nansha Branch of Wartsila Repair Service (Shanghai) Co., Ltd. participated in this signing and listing ceremony.

Li Boen, the deputy general manager of Merchants Industry Group, as well as Zhu Guiming, the general manager of Yiu Lian Dockyards (Shekou) Co., Ltd. and Merchants Heavy Industry (Shenzhen) Co., Ltd., together with some other leaders attended the signing and listing ceremony.

At first, Li Dongfeng, the deputy general manager on behalf of our company together with Mr. Cheng Xueqi, the general manager of Nansha Branch of Wartsila Company, jointly signed the Alliance Agreement of Marine Business, subsequently the general manager of Zhu Guiming jointly unveiled with Mr. Guido Pfister, which announced the alliance of Yiu Lian Dockyards Ltd and Wartsila Marine Business has officially opened their cooperation prelude.

This signing and listing ceremony has arisen great attention from both high levels; Mr. Guido Pfister, the vice president of Wartsila Shanghai Company made a special trip from Shanghai to Shenzhen in view of participating in the ceremony on that day. This signing marks another service provider with world-renowned brand to start the business cooperation with our company, which will greatly enhance the overall strength of our company on machinery, power maintenance and system integration.