Bankrupt Mingde Heavy Industry to sell assets on Taobao

Bankrupt Nantong Mingde Heavy Industry has resorted to selling its assets on Taobao, China’s largest online retail platform, after the yard failed to find investors, according to Nantong’s Tongzhou District People’s Court. ...

Mingde Heavy Industry liquidation plan passed by creditors

Sainty Marine has announced that the creditors of bankrupt Mingde Heavy Industry have passed a plan to liquidate...

Nantong Mingde President Arrested

Ji Fenghua, president of Nantong Mingde Heavy Industry, has been arrested by the police although the reason for the arrest is not yet known.

Bankrupt Nantong Mingde seeks new investors

Bankrupt Nantong Mingde Heavy Industry has announced that it is seeking new investors after its former potential investor Sainty Marine failed to make the mark to help with its restructuring. ...

Sainty Marine aborts plan to help restructure Nantong Mingde

China’s troubled shipyard Sainty Marine has aborted its plan to help the restructuring of debt-ridden compatriot Nantong Mingde Heavy Industry. ...

Mingde Heavy Hosts Naming Ceremony of JO LOTUS (China)

The biggest stainless steel chemical tanker ever built by Mingde Heavy Industry was named successfully on the...

Mingde settles deferred wage

China's private-owned Nantong Mingde Heavy Industry was suffering from strike by deferred wages on August 27, ...