Recently, Shenzhen Shenlan Marine Technology Development and Investment Co., Ltd. made its official debut, with Li Hongyuan serving as its legal representative and boasting a registered capital of 100 million RMB. This newly established company is a wholly-owned subsidiary of China Merchants Group Co., Ltd. Its business scope is extensive, encompassing various sectors such as the production and sales of deep-sea oil drilling equipment and marine engineering equipment, as well as the research and development endeavors in the field of marine engineering equipment, aligning with the industry norms and practices in English-speaking business environments.
