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Company Profile

  COSCO SHIPPING Development Co., Ltd. (the "Company") is a subsidiary of China COSCO SHIPPING Corporation Limited ("COSCO SHIPPING") specialized in integrated shipping logistics industry financial services, and is one of the core businesses of COSCO SHIPPING. The Company was established in 1997, with head office in Shanghai, the People's Republic of China (the "PRC"), and is listed in both Hong Kong and Shanghai. The registered capital of the Company is RMB13,586 million.

  Focusing on integrated logistics industry, the Company is dedicated to developing shipping leasing, container leasing and container manufacturing as its core businesses and shipping logistics industry financial services as its auxiliary business, with a view to pursuing industry-finance-investment integrated development underpinned by investment management.

  The vessel leasing business of the Company focuses on the leasing of various types of vessels, such as container vessels, dry bulk cargo vessels, special ships and LNG vessels, with a lease size of nearly 200 vessels and an asset size of over RMB50 billion.

  The container leasing business provides various types of container leasing, trading, management, used container sales and other services. The container fleet of the Company amounts to a total capacity of over 3.80 million TEU, which is among the top global players in the industry.

  The container manufacturing business of the Company focuses on the research, development, production and sales of international standard dry containers, reefer containers, special containers and container houses. The designed annual capacity amounts to over 1.30 million TEU, ranking second in the world, with customers covering world-famous liner companies and major container leasing companies. In the meantime, leveraging the worldwide transportation network of COSCO SHIPPING, the Company provides customers with the value-added service of container delivery at ports across the world.

  The investment management business of the Company gives equal weight to strategic value and financial returns. Adhering to the principal business of shipping logistics and aiming at the integration of industry and finance, it utilizes investment measures to continuously focus on investment areas and optimize investment portfolios, in order to strengthen asset operation and improve investment gains. The Company maintains its investment focus and makes full use of capital to attract and integrate high-quality assets, intellectual property and resources based on the application scenarios of shipping, port and logistics industries, in an effort to boost industry upgrading.

  Guided by the concept of "Integrity, efficiency, proactiveness and mutual benefit" as its core values, the Company will give full play to the advantages of shipping industry to expand the capital flow value of shipping logistics ecosystem, and strive to become an outstanding industry financial services provider with COSCO SHIPPING characteristics.

 
 
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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