Shipbuilding giant CSSC moves closer to asset integration Nine listed subsidiaries of China State Shipbuilding Corp Ltd, or CSSC, announced that they will transfer equity to CSSC, a major step in asset integration after their erstwhile parent groups started merger in 2019. Three listed companies of previous China State Shipbuilding Corp, including CSSC Science and Technology Co Ltd and CSSC Offshore and Marine Engineering (Group) Co Ltd, and six listed firms of former China Shipbuilding Industry Corp, such as China Shipbuilding Industry Group Power Co Ltd, announced in separated notices that all of them will unconditionally transfer their equities to CSSC as part of the merger process.