Wedoany.com Report, On March 17, China's Hengli Group and the Dalian Municipal People's Government signed three cooperation agreements in Dalian, announcing the establishment of Dalian Shipping Co., Ltd. and the investment in the construction of a Ship Power System Industrial Park and a Polyester New Materials Industrial Park. Xu Kunlin, Secretary of the Liaoning Provincial Party Committee, witnessed the signing. Xiong Maoping, Deputy Secretary of the Provincial Party Committee and Secretary of the Dalian Municipal Party Committee; Chen Jianhua, Chairman and President of Hengli Group; Fan Hongwei, Vice Chairman of Hengli Group and Chairman of Hengli Petrochemical; and representatives of foreign investment parties attended the signing ceremony.
According to the agreements, the Dalian Municipal Government, Hengli Group, and foreign investment parties will jointly establish Dalian Shipping Co., Ltd. The company is jointly invested by Hengli Group, provincial and municipal state-owned capital, Singaporean enterprises, and others, and completed its registration on the day of the signing. The new company will focus on core businesses such as shipping fleet construction, port investment, construction, and operation. It aims to rapidly increase its shipping capacity through various means including building new vessels and leasing ships, building a diversified, specialized fleet integrating domestic and international trade with a focus on bulk carriers, establishing a global route network, and providing efficient and convenient port and shipping services for Northeast China and the eastern part of Inner Mongolia. Simultaneously, the company will engage in in-depth cooperation with Dalian City in areas such as port resource development and specialized terminal operation, promoting the construction of the Northeast Land-Sea Corridor and comprehensively enhancing the collaborative advantages and overall competitiveness of Liaoning Province's port cluster.
The total investment for the Ship Power System Industrial Park and the Polyester New Materials Industrial Park to be built in Changxing Island, Dalian, is approximately 16.5 billion yuan. Once fully operational, they are expected to generate an additional annual output value of 35 billion yuan. Among them, the Ship Power System Industrial Park will focus on core supporting fields such as marine engines, effectively filling the gap in core power systems for the shipbuilding industry in Dalian and even Liaoning Province, and promoting the shipbuilding and marine engineering equipment industry towards full industrial chain autonomy and controllability. The Polyester New Materials Industrial Park will leverage the raw material supply advantages of the Changxing Island Petrochemical Industrial Base to extend downstream into the industrial chain of new materials such as high-end polyester, driving the transformation and upgrading of the petrochemical industry from basic chemicals to high-end fine chemicals.
Since its initial investment in building the Petrochemical Industrial Park in Changxing Island, Dalian in 2010, Hengli Group has cumulatively invested 360 billion yuan over 16 years, forming an industrial pattern where green petrochemicals synergistically develop with high-end shipbuilding and marine engineering equipment manufacturing, creating nearly 100,000 jobs. This signing represents another major initiative by Hengli Group to deeply integrate into Liaoning's comprehensive revitalization strategy. It will further enhance the supporting capacity for key core components in Liaoning's shipbuilding and marine engineering sector and the independent innovation and supply capability for high-end new materials, injecting new momentum into building a modern industrial system with Liaoning's characteristic advantages.
