On September 8, 2010, Yangzijiang Shipbuilding Holdings Ltd.’s Taiwan depositary receipts (TDR) was listed on the Taiwan Stock Exchange with the initial public offering price of NT$18.80. The raised funds reached a total of NT$4.5 billion by issuing 240 million TDRs.

Yangzijiang Shipbuilding is the first mainland enterprise listed in Taiwan after the effectiveness of the “Economic Cooperation Framework Agreement” (ECFA) between mainland and Taiwan, and also is the first mainland enterprise which is listed in both Singapore and Taiwan. Yangzijiang Shipbuilding, based in Jiangyin City, Jiangsu province, mainly engages in building container ships and bulk cargo ships. The company was listed in Singapore in April of 2007 and is the most profit-making Chinese enterprise with highest market value of all the Chinese enterprises listed in Singapore Stock Exchange.

Jingtian & Gongcheng represented the issuer in the listing.