What Jianglong Shipbuilding does

Jianglong Shipbuilding Technology Co., Ltd. (江龙船艇科技股份有限公司) is a Chinese A-share listed specialty shipbuilder founded in 2003, headquartered in Zhongshan, Guangdong Province, with manufacturing operations in Zhuhai and an international sales subsidiary in Hong Kong. Listed on the Shenzhen Stock Exchange ChiNext board (stock code: 300589) in January 2017, the company designs and constructs high-performance small and medium-sized vessels (15m–70m) in steel, aluminum, steel-aluminum composite, FRP, and other composite materials. It holds a Class A ship design qualification, 288 patents, and is recognized by industry associations as a 'Steel-Aluminum Ship R&D Production Base.' The company maintains a JV (Aulong Shipbuilding) with Australia's Austal for high-end aluminum vessels.

Jianglong operates four core product lines: patrol/law enforcement vessels (15m–55m for coast guard, customs, fishery, and emergency response), work boats (offshore AHTS, aquaculture, wind farm service, pilot and tug vessels), passenger ferries (high-speed catamarans, sightseeing boats, river cruise vessels), and new energy vessels (methanol dual-fuel, hybrid electric, pure electric, solar-assisted). Notable technology achievements include China's first independently developed methanol-powered vessel, hybrid aquaculture workboats built with Norway's Moen Marin, and electric sightseeing boats delivering over 10% energy savings versus fuel oil propulsion. Revenue is generated through project-based B2B/B2G sales — vessels are custom-built and procured by Chinese government agencies (China Coast Guard, Macau Customs, Guangdong Fishery Police, China Transportation Authority), international government/commercial buyers (Nigeria, Madagascar, Tanzania, Philippines), and commercial operators (Sanya West Island tourism, Shanghai sightseeing, Hong Kong Airport cargo) — with pricing negotiated per project via tender processes. Ancillary revenue streams include paid vessel repair services and aftermarket parts supply against an installed base of 1,000+ delivered vessels.

The go-to-market model is sales-led direct engagement, supplemented by maritime industry exhibitions across Indonesia, Philippines, and Macau, with international expansion executed through the Hong Kong subsidiary and strategic partners (Austal for aluminum tech transfer, Yuchai for methanol propulsion, Moen Marin for European aquaculture). The company has been recognized as a National High-Tech Enterprise, National Green Factory Demonstration Enterprise (one of only two Chinese shipbuilders on the 2017 MIIT list), and National Postdoctoral Research Workstation, supporting credibility in government procurement tenders.

Name

Jianglong Shipbuilding

Legal name

江龙船艇科技股份有限公司

Website

https://jianglong.cn

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Jianglong Shipbuilding is a Chinese A-share listed (SZSE: 300589) high-performance small and medium-sized vessel manufacturer serving government law enforcement, tourism operators, offshore specialty, and clean-energy shipping customers across China, Africa, Southeast Asia, Oceania, and Europe.

Ownership category

akta.pro rank

Product category

Shipbuilding and Marine Vessels

NAICS

Ship Building and Repairing (336611), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Patrol, Interceptor & Law-Enforcement Craft (Coast Guard, Customs) (IMAJADAD)

akta.pro secondary industry

Government & Municipal Service Craft (Research, Survey, Inspection, Buoy Tenders) (IMAJADAL)

Keywords

• High-performance vessels
• Aluminum alloy ships
• Patrol boats
• Passenger ferries
• New energy vessels

Headquarters

HQ city

Zhuhai

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Vessel Manufacturing and Sales: Primary revenue stream from design, construction, and delivery of high-performance vessels including patrol boats, passenger ferries, work boats, and new energy vessels. Revenue recognized upon vessel delivery with typical project timelines of several months to over a year for larger vessels.
2. Vessel repair and maintenance services: Ship repair business including有偿船艇维修 (paid vessel repair services). The company has a dedicated repair business development manager position.
3. Aftermarket and parts supply: Supply of spare parts and components for vessels built by the company, providing recurring revenue from the installed base of 1000+ delivered vessels.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Jianglong Shipbuilding designs, manufactures, and sells high-performance aluminum alloy vessels, including patrol/law enforcement boats, passenger ferries, work boats, and new-energy (electric, hybrid, methanol) vessels. The company serves government maritime agencies, commercial transport operators, and offshore wind/O&M clients, with products built at shipyards in Zhongshan and Zhuhai, Guangdong.

Product overview

Jianglong Shipbuilding is an A-share listed high-performance vessel specialist (stock code: 300589) offering four core product lines: Patrol Boat (公务执法船艇) for law enforcement and maritime patrol, Work Boat (特种作业船艇) for offshore and specialized operations, Passenger Ferry (旅游休闲船艇) for tourism and transport, and New Energy Vessel (新能源船艇) for clean propulsion technology. The portfolio spans vessels from 15m to 70m in steel, aluminum, steel-aluminum composite, FRP, and hybrid materials. Key technology highlights include China's first domestically developed methanol-powered vessel, hybrid propulsion aquaculture workboats (jointly with Norway's Moen Marin), and offshore wind farm catamarans. The subsidiary Aulong Shipbuilding (jointly with Austal) handles high-end all-aluminum vessels. The company operates from Zhongshan headquarters, Zhuhai manufacturing base, and Hong Kong subsidiary.

Differentiator

Problem solved

Functional benefit

Brands

• 澳龙船艇 (Aulong): Joint venture brand with Austal for high-end aluminum alloy vessels including fast passenger catamarans and patrol boats.

Products and services

• Patrol and Law Enforcement Boats (巡逻艇/执法艇) High-performance aluminum alloy patrol vessels, border inspection boats, and maritime law enforcement craft supplied to coast guard, customs, fishery police, and similar government agencies.
• High-Speed Passenger Ferries (高速客船) Aluminum high-speed passenger catamarans for short-sea and inter-island commercial transport, used by operators such as Macau customs / ferry services and Hong Kong International Airport shuttle routes.
• Work Boats and Offshore Wind O&M Vessels (风电运维船) Aluminum workboats supporting offshore wind farm operation and maintenance, fishery operations, and aquaculture — including the aluminum windfarm workboat referenced in the input.
• Electric Sightseeing Boats (新能源游览船) Battery-electric sightseeing and tourist vessels built for inland waters, scenic-area operators, and tourism authorities seeking zero-emission operations.
• Methanol-Powered Vessels (甲醇动力船舶) Methanol-fueled commercial vessels co-developed with Yuchai, targeting reduced-emission short-sea shipping for cargo and passenger operators.
• Hybrid-Propulsion Aluminum Catamarans (混合动力船艇) Aluminum catamarans with hybrid diesel-electric propulsion for commercial passenger transport and tourist operations; example referenced is a hybrid-powered passenger catamaran.
• Aluminum Windfarm Workboat (铝合金风电运维船) Aluminum-alloy workboat purpose-built for crew transfer and maintenance duties at offshore wind farms.
• Luxury Yachts (游艇) High-end aluminum luxury yachts built for private owners and the leisure marine market, leveraging the company's aluminum-alloy construction capability.
• Aulong Shipbuilding Joint Venture Vessels (澳龙船艇合资产品) Vessels built through the Aulong Shipbuilding joint venture with Australia's Austal, combining Jianglong's aluminum shipbuilding with Austal's high-speed catamaran technology for international markets.

Quantifiable outcome

• Over 10% energy savings with electric propulsion compared to fuel oil propulsion systems
• +1 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Moen Marin (Norway)coreStrategic or Co-development Partner · 27 May 2025Strategic collaboration on hybrid power catamaran aquaculture workboats. Jianglong builds vessels equipped with Danfoss Editron 575kW hybrid motors and 1,128kWh battery packs for Norwegian aquaculture operations. First of series delivered in 2025.
• Hangzhou Qianhang Cruise (杭州钱杭航运)minorStrategic or Co-development Partner · 1 December 201854m electric sightseeing boat construction for Hangzhou Qiantang River tourism.
• Beijing Normal University Zhuhai (北京师范大学珠海分校)minorStrategic or Co-development Partner · 28 June 2018Industry-academia-research cooperation for talent development and VR technology application in yacht manufacturing.
• Ocean Marine Solutions Ltd (Nigeria)coreChannel Partner/ Reseller/ Distributor · 23 December 2017Supplying 10 units 35m aluminum offshore patrol boats to Nigerian maritime security company. Long-term partnership for West African maritime security vessel market.
• Yuchai (广西玉柴机器股份有限公司)coreStrategic or Co-development Partner · 6 September 2017Strategic cooperation for methanol dual-fuel vessel development. Joint technical development, joint bidding, and industry chain support for methanol fuel vessel commercialization in China.
• 神湾镇人民政府 (Shenwan Town Government)minorStrategic or Co-development Partner · 6 September 2017Marine Advanced Vessel Manufacturing Project investment cooperation agreement signed for establishing manufacturing base in Shenwan.
• Austal (Australia)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2016Joint venture '澳龙船艇' (Aulong Shipbuilding) established in 2016 combining Austal's aluminum vessel design technology with Jianglong's manufacturing capabilities. JV produces high-end aluminum catamaran passenger vessels and patrol boats.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Austal: Austal is an Australian aluminum shipbuilder and Jianglong's joint venture partner through Aulong Shipbuilding. Both specialize in high-speed aluminum catamarans for passenger ferry and patrol/defense applications — making them direct peers in product category and target customer.
• Safe Boats International: Safe Boats International is a U.S. aluminum patrol boat builder serving coast guard, law enforcement, and military customers. Direct overlap in the small/medium patrol boat category that anchors Jianglong's revenue.
• Swiftships: Swiftships is a U.S. builder of patrol boats, fast aluminum craft, and surface vessels for military, law enforcement, and commercial operators. Directly comparable in aluminum patrol boat segment and customer profile (government agencies).
• Incat: Incat is a Tasmania-based builder of large high-speed aluminum catamarans for ferry and defense customers worldwide. Direct overlap with Jianglong's aluminum passenger ferry segment, particularly through international tourism and fast ferry tenders.
• Piriou Naval Services: Piriou is a French shipyard building patrol vessels, tugboats, and offshore service vessels. Comparable in patrol and workboat segments with similar government and commercial customer mix to Jianglong.
• Metal Shark Boats: Metal Shark is a U.S. aluminum boatbuilder specializing in patrol, military, and commercial workboats. Direct competitor in the law enforcement patrol boat segment where Jianglong's primary government customers operate.
• OCEA: OCEA is a French aluminum shipbuilder producing patrol boats, fast ferries, and offshore vessels. Closely comparable in product category and customer base (government, tourism operators) and competing for similar aluminum catamaran tenders globally.
• Brødrene Aa: Brødrene Aa is a Norwegian builder of high-speed aluminum catamarans and passenger vessels serving tourism and public transport. Direct product overlap with Jianglong's tourism/ferry offerings and comparable focus on lightweight composite construction.
• Fassmer Shipyard: Fassmer is a German shipyard building patrol vessels, fast ferries, and special-purpose vessels for coast guards and navies worldwide. Direct competitor in the government law enforcement patrol vessel market that is Jianglong's primary segment.

Broad incumbents

• Damen Shipyards: Damen is a major Dutch shipyard group with broad offerings across patrol, workboat, and offshore vessels. Operates globally and competes with Jianglong in international tenders for patrol and workboats but spans a much wider portfolio including large naval and offshore platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/jlship
• LinkedInlinkedin.com/company/jianglong-shipbuilding-co-ltd

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jianglong Shipbuilding