COSCO SHIPPING Heavy Industry Co., Ltd. has officially entered the IPO tutoring process as it prepares for a potential A-share listing.

According to information released by the China Securities Regulatory Commission on September 12, the company has registered for IPO tutoring, jointly provided by China International Capital Corporation Limited (CICC) and China Merchants Securities.

COSCO SHIPPING Heavy Industry is wholly owned by COSCO SHIPPING Group and operates nine large and medium-sized shipyards. Its annual shipbuilding capacity exceeds 8 million DWT.

In 2025, the company’s operating revenue increased 22.03% year on year, while its gross margin rose by 2.66 percentage points. Based on this growth rate, its 2025 revenue was estimated at nearly RMB 50 billion.