On September 15, the "Award Ceremony for Companies with Outstanding Contribution to Pudong's Economy 2023" hosted by the People's Government of Pudong New Area, Shanghai was held at the Shanghai International Convention Center. COSCO SHIPPING Development, focusing on the main business line of integrated logistics industry with continuous efforts in shipping industry and financing, was awarded the "Outstanding Contributions to Pudong's Economy Award 2022" in recognition of its significant contributions to the economic development of Pudong in recent years. This marks the third time for the Company to win this honor.

　　Since 2022, amidst a complex and volatile market environment, COSCO SHIPPING Development has solidly promoted quality improvement and efficiency enhancement as well as growth stabilization, continuously upgraded industrial synergies, advanced transformation of digital intelligence, therefore realizing its own sound operation and innovative development and further creating social value.

　　In the future, with digitalization and low-carbon transformation, the global shipping and logistics ecosystem will bring in new opportunities for the shipping industry chain. The Company will remain aligned with national macro policies, optimize the integration of industry and finance, proactively engage in green, low-carbon and intelligent manufacturing sectors to promote the Company's high-quality development, striving to contribute to the economic development of Pudong.