Zhenhua

Shanghai Zhenhua Heavy Industries Company Limited (ZPMC)
上海振华重工(集团)股份有限公司
State-owned enterprise
Industry Crane manufacturing
Founded 1992
Headquarters Shanghai, China
Area served
Global
Key people
Chairman: Mr. Zhou Jichang
Director: Mr. Guan Tongxian
Parent China Communications Construction
Website www.zpmc.com
Heavy lift vessel Zhen Hua 20 transports five gantry cranes manufactured by ZPMC
A ZPMC gantry crane was used in the construction of the British aircraft carrier HMS Queen Elizabeth

Shanghai Zhenhua Heavy Industries Company Limited (SSE: 600320) (ZPMC; Chinese: 上海振华重工(集团)股份有限公司), old name Shanghai Zhenhua Port Machinery Company (Chinese: 上海振华港口机械), in short form Shanghai Zhenhua (Chinese: 上海振华), is the world's largest manufacturer of cranes and large steel structures.

History

The company was founded in 1992. It is the subsidiary company of China Communications Construction Company (CCCC). It specializes in designing, manufacturing, erecting, commissioning, shipping in fully erected state, after-sales servicing and developing new port machinery products. Its main products include container cranes (QCs) (supplied eight for London Gateway),[1][2] rubber-tyred gantry cranes (RTGs), bulk-material ship loaders and unloaders, bucket-wheel stackers and reclaimers, portal cranes, floating cranes engineering vessels and large steel bridge structures.

ZPMC was listed on the Shanghai Stock Exchange for A share and B share. The net assets of ZPMC have reached USD 450 million.

On 8 June 2009, the company rebranded itself as Shanghai Zhenhua Heavy Industries Co., Ltd.[3]

India Operations

Despite of Several Issues with Indian Operations in past, ZPMC have formed an Indian Subsidiary "ZPMC ENGINEERING (INDIA) PRIVATE LIMITED" based in Sanpada Navi Mumbai Maharashtra incorporated in September 2014. ZPMC ENGINEERING (INDIA) PRIVATE LIMITED are planning to infuse initial capital worth Inr 300,00,000.[4]

Bay Bridge

The company is the fabricator of the new Bay Bridge located in the San Francisco Bay Area in the USA. Although, the company had no previous experience in bridge construction, California officials selected it based on the advantages of "huge steel fabrication facilities, its large low-cost work force and its solid finance."[5] The project employs 3,000 workers who have built a main bridge tower and will complete 28 bridge decks.[5]

References

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