JES International Holdings Limited is a major PRC shipbuilding group with production facilities capable of producing different types of vessels including bulk carriers, containerships, ocean engineering vessels (mainly crane barges for offshore oil sector and offshore construction building works), roll on/roll off (RO/RO) vessels and crude oil tankers. Our customers include major shipowners based in Europe, Canada and Asia, including the PRC. Our existing shipyard is located at Shiwei Port, Jingjiang City in Jiangsu Province in the PRC. With the new yard (adjacent to the existing yard) completed by mid FY2010, our shipyard will have a combined gross land area of approximately 467,000m2 and a coastline of about 1,006 metres long with access to deep water and stable currents. Our new yard will have the capacity to concurrently construct three bulk carriers of up to 176,000 deadweight tonnes (“DWT”) each, two crude oil tankers of up to 300,000 DWT each or large ocean engineering vessels or offshore equipment such as oil rigs.