On August 7, 2024, China Media Group Financial Programming Center held the ESG China - Yangtze River Delta Corporate Social Responsibility Conference and officially released the “Yangtze River Delta ESG Action Report”, in which COSCO SHIPPING Development Company Limited (hereinafter referred to as “COSCO SHIPPING Development”or “the Company”, 601866.SH/2866.HK)was honored to be included in the list of “Yangtze River Delta ESG - Pioneer 50”. The conference was jointly organized by Shanghai Municipal State-owned Assets Supervision and Administration Commission, China Society for Enterprise Reform and Development, China Baowu Iron and Steel Group Company Limited and Responsibility Cloud Research Institute, and attended by media outlets such as China Media Group, People's Daily Online, and Guangming Daily.

The Yangtze River Delta ESG Action Report is one of a series of reports published by China ESG (Corporate Social Responsibility) Publishing, which selects 50 listed companies in the Yangtze River Delta that have outstanding performance in the field of ESG through a systematic evaluation and discusses how listed companies in the Yangtze River Delta can realize sustainable development through the efficient implementation of ESG concepts that can empower enterprises to create comprehensive value and realize sustainable development.

The fact that COSCO SHIPPING Development has won another honor in the ESG field this time is a recognition and affirmation of the company's long-term deep cultivation and continuous improvement in the ESG field. In recent years, the Company has been firmly committed to the development direction of green, low-carbon, intelligent and technological development, focusing on enhancing its core functions and focusing on improving its core competitiveness, and steadily promoting green production, green business, green assets and green financing. At the same time, the Company has actively promoted the soundness and perfection of ESG management system, strived to improve the quality of ESG information disclosure, practiced ESG concepts in all aspects, perfected ESG governance, enhanced ESG performance, and broadened ESG efficacy, and won ESG honors and recognition at home and abroad for a number of times.

Looking ahead, COSCO SHIPPING Development will continue to anchor on the goal of high-quality development, focus on its main responsibilities and businesses, strengthen the digital empowerment of science and innovation, build up the momentum of green development, and boost the company's core competitiveness and unleash the advantages of the synergy between production and financing with the help of effective ESG governance, as well as continue to join hands with upstream and downstream partners of the industry chain to jointly empower a better future of sustainable development.