Yangzijiang's key man Ren Yuanlin returns

Singapore

YANGZIJIANG Shipbuilding's executive chairman Ren Yuanlin has returned after being on leave for more than four months to assist in a confidential probe in Beijing.

Mr Ren returned to his home on the evening of Dec 20, reported Chinese financial news outlet Caixin, citing sources. When contacted by The Business Times, Yangzijiang - China's largest non-state-owned shipbuilder and the world's fifth largest based on its outstanding order book size of US$3.2 billion - declined to comment.