TOP > Press Release (2017) > Commencement of operation of Holding Company (China Headquarters) in Shanghai, China , and Representative Office in Busan, Korea
2017

3rd April, 2017
Commencement of operation of Holding Company (China Headquarters) in Shanghai, China , and Representative Office in Busan, Korea
— Promoting Global Expansion —

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) (President: Takao Tanaka) has established MITSUI ZOSEN (CHINA) CO., LTD. in Shanghai, China, as the holding company (China headquarters) and will establish its representative office in Busan City, Korea, to promote businesses in China and Korea.

1. Promotion of Global Expansion

MES has developed its businesses in China in a wide range of fields, including marine diesel engines, induction heating equipment, and manufacturing, sales and maintenance services for kitchen waste treatments facilities. Additionally, in Korea it has numerous achievements, such as the delivery of equipment for steel plants, as well as procuring equipment and materials for diverse businesses.
To facilitate the further expansion of business and strengthen its competitiveness as part of the common policy, “Deepening the management foundation,” set out in the 2017 medium-term management plan, MES has established MITSUI ZOSEN (CHINA) CO., LTD. in Shanghai, China, as a holding company (China regional headquarters) for the purpose of establishing a foundation for business expansion and promoting the efficient operation of its subsidiaries and affiliates. In addition, MES will open the Busan Representative Office in Busan, Korea, to expand global procurement.
From here on, MES intends to actively engage in businesses, taking advantage of the company and the office as bases for promoting globalization and business creation set out in the 2025 vision.



2. Overview of MITSUI ZOSEN (CHINA) CO., LTD. and Busan Representative Office

Company Name MITSUI ZOSEN (CHINA) CO., LTD.
President Shinsuke Minoda (Director of Mitsui Engineering & Shipbuilding, General Manager of Corporate Planning Headquarters)
Representative Vice President, General Manager, Zhi-Gang Zhang (Associate Executive Officer of Mitsui Engineering & Shipbuilding, Head of Corporate Planning Headquarters, Business Planning Department, Chief Representative of Beijing Representative Office, Chairman & President of Mitsuizosen (Shanghai) Co., Ltd.)
Address Room 2512, Shanghai International Trade Center, 2201 Yan An Road (West), Shanghai, 200336 China
Phone +86-21-6208-9201
FAX +86-21-6208-9601
Capital US$14 million (contribution ratio: Mitsui Engineering & Shipbuilding 100%)
Date of business commencement April 1, 2017
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Office name Mitsui Engineering & Shipbuilding Co., Ltd. Busan Representative Office
Representative Fumie Nakagawa(Business Planning Department, Corporate Planning Headquarters of Mitsui Engineering & Shipbuilding)
Resident Jung Hwan, Park
Address 176 Jungang-daero, Dong-gu, Busan, Republic of Korea
Date of business commencement mid-April 2017