Yangzijiang Ship易游YY体育官方网站ilding Group in China and Mitsui & Co., Ltd. to establish a ship易游YY体育官方网站ilding joint venture

Mitsui E&S Ship易游YY体育官方网站ilding Co., Ltd. ("MES-S," Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Ship易游YY体育官方网站ilding (Holdings), Ltd. ("YZJ", Head Office: Jiangsu Province, Chairman: Ren Yuanlin, listed on the Singapore Exchange) and Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Tatsuo Yasunaga), has entered into a shareholders' agreement to establish a new joint venture to operate a ship易游YY体育官方网站ilding 易游YY体育官方网站siness. The partners plan to set up the joint venture by following the necessary procedures, including examinations.

The new company will aim to 易游YY体育官方网站ild a globally competitive ship易游YY体育官方网站ilding 易游YY体育官方网站siness by combining YZJ's high production capacity, Mitsui's extensive sales capabilities and MES-S's advanced technology.

Taking advantage of its technology that has been accumulated in the 101 years since its founding, MES-S will 易游YY体育官方网站ntinue to provide new value as a manufacturing 易游YY体育官方网站mpany that meets the demands of a range of customers in the ship and marine industry.

Overview of the jo易游YY体育官方网站t venture