Shipbuilder JES has ‘ceased operations and production’ amid ongoing woes

Shipbuilder and engineering firm JES International Holdings has “ceased operations and production of its existing business” as it struggles with misplaced financial documents and restructuring of its subsidiary in China. ...

Former JES International ceo claims he didn't resign as a director of shipyard group

Events at troubled Chinese shipbuilder JES International have taken another bizarre twist with former ceo Jin Xin claiming he did not resign as a director of the company in May. ...

JES International sues former admin officer as ex-ceo implicated in fraud

In the latest twist to woes at Chinese shipbuilder JES International the company is suing a former administrative officer Ju Li Li for allegedly “absconding” with company records relating to illegal payments to its former chairman and ceo. ...

JES files for restructuring of Jiangsu Eastern Heavy Industries yard

Jiangsu Eastern Heavy Industries (JEHI), subsidiary of JES International Holdings, has filed an application at China’s Taizhou Intermediate People’s Court to...

JES Back on China’s White List

Chinese Ministry of Industry and Information has reinstated the country’s shipbulder Jiangsu New East Marine ...

China reinstates JES yard to ‘white list’

China’s ministry of industry and information technology has reinstated the ‘white list’ status for...

JES books H1 loss but returns to profit in Q2

Chinese shipbuilder JES International stayed in the red with a first half loss of RMB11.93m ($1.94m) even though...