Rongcheng Xinyang Shipbuilding Co., Ltd. was established on December 22, 2010. As awholly-owned subsidiary of weihai Jinyang Shipbuilding co.,Ltd., it maintains independent accounting and management.The company is located in Lidao Shipbuilding Industrial Park at the eastern end of the Shandong Peninsula, surrounded by well-known shipbuilding enterprises at home and abroad such as Samsung Shipbuilding, Jiaye Shipbuilding, and Baibuting Shipbuilding. The company covers a total area of 145 acres, with a sea area of 450 acres, a construction workshop of 10000 square meters, various other building facilities of 5000 square meters, and a shipyard of 40000 square meters, which can accommodate 20 45 meter ships at the same time. One 2000 ton slide, one 130 meter long dock, with an annual production capacity of 6000 deadweight tons.