The suspension to the shares trading of loss-making CSSC Steel Structure Engineering Co has been further extended pending its ongoing assets restructuring, its parent firm China State Shipbuilding Corporation (CSSC) updated.

Shanghai-listed CSSC Steel Structure Engineering has applied to the stock exchange to extend the halt to its stock trading from 20 October, continuing from the suspension since 10 August.

The subsidiary of CSSC was formerly named CSSC Jiangnan Heavy Industry before it was renamed in February 2014. The Chinese yard has been suffering from consecutive years of losses since 2012 amid the shipbuilding industry slump.The suspension to the shares trading of loss-making CSSC Steel Structure Engineering Co has been further extended pending its ongoing assets restructuring, its parent firm China State Shipbuilding Corporation (CSSC) updated.

Shanghai-listed CSSC Steel Structure Engineering has applied to the stock exchange to extend the halt to its stock trading from 20 October, continuing from the suspension since 10 August.

The subsidiary of CSSC was formerly named CSSC Jiangnan Heavy Industry before it was renamed in February 2014. The Chinese yard has been suffering from consecutive years of losses since 2012 amid the shipbuilding industry slump.