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COSCO SHIPPING Development is awarded the China Listed Companies Jinglun Award - the "Most Valuable Company for Investment of the Year"
发布时间: 2021-12-10

  On December 8, the List of the first China Listed Companies' Investment Value Jinglun Awards, jointly organized by China Fund News and m.jhbshow.com as the authoritative investment relationship platform, is announced grandly, COSCO SHIPPING Development is awarded the China Listed Companies Jinglun Award – the “Most Valuable Company for Investment of the Year”.

  The selection is based on the fundamental principles of the document "Guidelines for Investor Relations Management of Listed Companies (Draft for Comments)" issued by the Securities and Futures Commission, with data such as company fundamentals, value management activity volume and value management performance as the reference basis, participation in voting by well-known investment institutions, fund managers and chief sellers, and finally by integrating with the opinions of expert juries from financial regulators, academic institutions, financial investment institutions and well-known law firms to select a group of listed companies with outstanding contributions in the areas of investment governance, innovation and development, and corporate social responsibility.

  As an A+H listed company, COSCO SHIPPING Development has always been committed to implementing the new securities law, strengthening investor protection, improving the investor relations governance, and conducting research, discussion and practice in various aspects such as investor communication, investor management and shareholder dividends, which are unanimously recognized by the capital market. Meanwhile, the company focuses on high-quality development, builds a supply chain financial service platform with unique competitive advantages, actively promotes capital operation, and implements the project of issuing shares to purchase assets and raising supporting funds in 2021, which effectively enhances the core competitiveness of the company, optimizes the capital structure, and lays a solid foundation for further creating value for shareholders.

  In recent years, the capital market has been expanding rapidly and the importance of investor relations management has been increasingly highlighted. Against this background, the Jinglun Award aims to select a group of listed companies with outstanding performance in investor relations management, set a benchmark in the industry and promote listed companies to improve their investor relations governance. COSCO SHIPPING Development has the mission and responsibility to set an example for further optimizing the market ecology and to practice its responsibility for listed companies to jointly promote the value of investor relations.

 
 
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COSCO SHIPPING Development Co., Ltd. (the “Company” or “COSCO SHIPPING Development”), formerly known as China Shipping Container Lines Company Limited, is a subsidiary of China COSCO SHIPPING Corporation Limited (“China COSCO SHIPPING” or “COSCO SHIPPING”) specialized in supply-chain financial services. The Company was established in 1997, with head office in Shanghai, the People’s Republic of China (the “PRC”), and is listed both in Hong Kong and Shanghai. The registered capital of the Company is about RMB11.61billion.
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