On the special date of October 18th, the company executives, retired experts and employees of SWS gathered together and celebrated the 16th anniversary of SWS. At 8:00 AM, the grand flag-raising ceremony was commenced on the main road next to new building. Chairman, and secretary of the Party Committee of SWS, Huang Yongxi, president of SWS, Wang Qi, management members of SWS, Chen Jun, Xu Ping, Chen Gang and senior consultants Hu Chuanzhi, Wang Debao, Chen Jinhai, Li Ping, and representatives of owner’s representatives、site office managers, class attended the ceremony which was hosted by vice president Xu Ping. At 8:18 AM, the former president of CSSC, Hu Chuanzhi announced the commencement of the flag-raising ceremony. Holding the national flag on hands, guarding of the honor vigorously and orderly marched to the stage. Members of management of SWS, honored guests were standing on the stage and representatives from SWS, SCH, SWS Offshore and CSSC Shenghui stared at the flag to witness its rise. Wang Qi announced “the decision to commend advanced groups and individuals”. Executive members of SWS and owner’s representatives delivered awards to those groups and individuals who won titles in advanced project of nation-level, CSSC level and district level. Huang Yongxi reviewed the development of SWS in the past 16 years in his speech. He noted that in the past 16 years, under the correct leadership of both CSSC and board of SWS, with ambitious spirit, unwavering determination, fore-sighted wisdom, united cooperation of all the employees, SWS has successfully ranked and remained among the group of world leading shipbuilding companies. This year, although facing with challenges from internal and external difficulties, SWS has successfully delivered series of first-build83000 m? VLGCs and the 18000 TEU container ships which created excellent performance worth being written into the development history of CSSC. Mr. Huang stressed, at present, under the guide of a series of supportive policies such as “development of marine economy”, “construction of marine powerful nation”, the difficult market still has potentials of special developing opportunities for shipbuilding industry. SWS will continuously optimize the research and development of new products’ design, deepen application of IT, strength lean production management, proactively explore development path for carrying out internationalization, informatization, intelligentization, improving SWS’ comprehensive competition in world market. He also called on all staff to have faith in our future development, completing all the production and business goals with concrete action and strict, pragmatic attitude, opening the new development chapter for 13th Five Year Plan.