The 27 meter long passenger vessel Golden Dragon became disabled while on the Min River near Mawei, China.   The vessel suffered water ingress when several valves failed and began to sink.  The crew sent out a distress call saying the vessel with 148 passengers was in danger and required assistance.  The Maritime Search and Rescue Center of Fujian Province dispatched rescue vessels to the scene.   The rescue craft safely transferred all the passengers to three rescue craft.   The passengers were later taken to Qingzhou.  Rescuers also assisted the crew to close the faulty valves avoiding the sinking of the Golden Dragon.   The crew remained on board and began de-watering the vessel.  The vessel was taken under tow to a berth where it was to undergo repairs.   Authorities have started an investigation into the incident.