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Strengthening Interaction with Capital Market in Multiple Dimensions and Continuously Improving Ability to Return Investors—2021 Annual Results Briefings Convened Consecutively by COSCO Shipping Development
发布时间: 2022-04-17

Since COSCO SHIPPING Development (601866.SH/02866.HK) announced its 2021 annual results on the evening of 30 March, the Company has actively responded to the communication needs from the capital market and strengthened its interaction with the capital market in multiple dimensions. The Company convened the 2021 annual results conference call and 2021 annual results presentation on the SSE E Interactive Platform, respectively on April 7 and April 13. The Company conducted online Q&A interactions with more than 30 large-scale brokerage analysts, institutional investors, media reporters and the majority of small and medium-sized investors. COSCO SHIPPING Development's Liu Chong, the Managing Director, Lu Jianzhong, the Independent Director, Ming Dong, the Deputy General Manager, Lin Feng, the Chief Accountant and Cai Lei, the Board Secretary attended the above activities. 

At the briefings, the management of the Company reviewed the Company's 2021 annual results and introduced the production and operation arrangements as well as working focus for the year. At the briefings, all participants in the capital market revealed a strong desire to perceive the Company in depth, while industry analysts and investors asked questions enthusiastically. The management offered detailed answers in respect of the operating highlights and development plans of various sectors, shipping market expectation, the prospects of the container building industry, and the Company's ongoing electric vessel project which investors take care of. The participants expressed their strong concern and full recognition for the Company's operating results, future development plans and dividend plan.

In the future, the Company will further strengthen multi-dimensional communication and interaction with the majority of investors, actively respond to investors' concerns, carry out operation in a prudent manner, and move forward along the high-quality development, strive to build an excellent shipping operator with COSCO SHIPPING characteristics, and continuously improve the Company's benefits, and improve the ability to return investors.

About Us
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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