China Ocean Shipbuilding Industry Group Limited, formerly Wonson International Holdings Limited, is an investment holding company. The Company is engaged in the production and operation of shipbuilding and trading business. The Company operates in two segments: shipbuilding and metal trading. Its subsidiaries include China Ocean Shipbuilding Holdings Limited, China Ocean Shipbuilding (Hong Kong) Limited, China Ocean Shipbuilding Services Limited, Merge Limited, Northlink Holdings Limited, Premier Win Investments Limited, INPAX Technology Limited and Jiangxi Union Ship building Company Limited. During the year ended December 31, 2009, the Company disposed of Able King Investment Limited and its subsidiaries.