Core Viewpoint - Zhoushan Zhongtian Heavy Industry Co., Ltd. was fined RMB 180,000 due to its major responsibility in a special equipment safety accident that resulted in one fatality [1][3]. Group 1: Incident Details - The accident occurred on January 11, 2025, at approximately 13:30, during a lifting operation at the company's facility in Dongshanzui, Zhoushan City, leading to one death [1][3]. - The incident was classified as a general accident involving special equipment [1]. Group 2: Legal and Regulatory Framework - The company was found to have inadequate safety management, violating Article 13 of the Special Equipment Safety Law of the People's Republic of China, which mandates that production, operation, and usage units are responsible for the safety of their special equipment [1][3]. - The penalty was issued based on Article 90 of the same law, which allows for fines in cases of safety violations [1][3]. Group 3: Company Background - Zhoushan Zhongtian Heavy Industry Co., Ltd. was established in 2007, originally named Zhoushan Zhongdian Green Technology Shipbuilding Co., Ltd., with a registered capital of RMB 1.1057 billion [3]. - The company operates in ship repair, modification, and marine engineering equipment manufacturing, holding high-tech enterprise qualifications [3]. - Major shareholders include Isthmus International Limited (42.23%), Zhoushan Nanyang Star Shipping Co., Ltd. (29.85%), and Double Hawkfeather Limited (27.93%) [3].

Group 1 - The approval of the Longtan Shipyard for external operations has significantly enhanced the company's business capabilities, allowing it to transition from only servicing domestic vessels to also repairing foreign trade ships, resulting in increased foreign trade revenue [1][2] - Since the temporary approval in April 2023, the company has completed repairs on 29 foreign vessels, generating over 55 million yuan in foreign trade income, with expectations to service 40-50 international vessels annually after the official opening, effectively doubling its capacity [2] - The Longtan Shipyard's opening addresses the emergency repair needs of international vessels in the Nanjing section of the Yangtze River, reducing the need for vessels to travel to other cities for repairs, thus saving time and enhancing safety on the waterway [2][3] Group 2 - The Nanjing Municipal Bureau of Commerce has actively supported the Longtan Shipyard's opening by focusing on enterprise needs, enhancing services, and facilitating inter-departmental collaboration, ensuring a smooth implementation of the external operations [3] - The opening of the Longtan Shipyard is expected to create new job opportunities, strengthen the functionality of the Yangtze River Economic Belt's transportation corridor, and improve the service capabilities of the Nanjing port, contributing to stable foreign trade growth [3]