To encourage bidders, the starting price will cut by 40% below the estimated value of the assets to CNY 3.5bn ($560m), reports Clarksons.
The broker, quoting unnamed market sources, suggests that Dalian Shipbuilding Industry is interested in bidding for the assets.
STX Dalian failed to attract buyers for the facility during an auction earlier this month, despite a 20% discount on the sale price.
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