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Yangzijiang’s key man ‘safe’ and sound, expected to return soon

"Next year, I'm expecting more ships to get scrapped for new fleets," says Ren Letian, who has been helming Yangzijiang since March 2015 and prior to that had logged 10 years in various positions at the group.


YANGZIJIANG Shipbuilding (Holdings) executive chairman Ren Yuanlin, who has been on leave for over three months to assist in a confidential probe in Beijing, is "safe and healthy" and expected to return "before too long", said his son and chief executive Ren Letian.


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