COSCO SHIPPING Development Co., Ltd. (the “Company”) is a subsidiary of China COSCO SHIPPING Corporation Limited (“China COSCO SHIPPING”) specializing in shipping and logistics production and financing operations, and is one of the core industries of China COSCO SHIPPING. Founded in 1997 and headquartered in Shanghai, the Company is a listed company in Hong Kong and Shanghai with a registered capital of RMB13.573 billion. The company is committed to focusing on the main line of shipping and logistics industry, taking container manufacturing, container leasing and shipping leasing business as the core and investment management as the support to realize the integrated development of production, financing and investment.

Business Scope

Container manufacturing business

The Company's container manufacturing business is engaged in the research, development, production and sales of international standard dry cargo containers, reefer containers and special containers, with a designed annual production capacity of more than 1.4 million TEU, ranking the second in the world, and with customers covering the world's well-known liner companies and major container leasing companies. The Company deepens the synergy of container leasing and manufacturing, enhances the core competitiveness by scientific and technological innovation, green and low-carbon transformation, and builds a world-class logistics equipment technology enterprise.

Container leasing business

The Company's container leasing business is mainly engaged in leasing, management and sales of various types of containers, with services in more than 170 major ports around the world. The Company manages a container holding capacity of more than 3.8 million TEU, the scale of which ranks the forefront of the industry. The Company continues to strengthen the asset operation capability of the whole life cycle of containers, accelerates digital transformation, and has unique leasing and manufacturing synergies and influence in the container field.

Shipping leasing business

The Company's shipping leasing business is mainly engaged in operating or financing leasing of container ships, dry bulk carriers and other ship types, and ranks first in the domestic market in the field of industrial ship leasing. The Company grasps the opportunity of green and low-carbon transformation of the shipping industry, optimizes internal and external resource allocation, effectively brings into play the synergistic effect of production and financing, focuses on the service needs of various types of shipping assets in all segments of the whole life cycle, and provides high-quality solutions for the development of the shipping fleet.

Investment management business

The Company's investment management business focuses on the main business of shipping and logistics, strengthens the combination of production and financing, and continues to optimize the investment portfolio. At the same time, the Company grasps the development opportunities of the shipping industry, explores investment opportunities around digital intelligence and green development, and strives to realize the synergistic development of capital and industry.

Corporate Culture

Adhering to the concept of “Excellence” and the core values of “Integrity, Efficiency, proactiveness and Mutual benefit”, the Company gives full play to the advantages of the shipping industry chain, expands the value of the capital flow of the shipping and logistics ecosystem, and endeavors to build a first-rate industry and finance operator in the world with the characteristics of COSCO SHIPPING.