On the afternoon of 27 December, Mr. TAO Weidong, Director, General Manager and Secretary of Party Committee of COSCO SHIPPING Holdings, Chairman and Secretary of Party Committee of COSCO SHIPPING Lines, and his delegation visited COSCO SHIPPING Development. Mr. ZHANG Mingwen, Chairman, Party Secretary and General Manager of COSCO SHIPPING Development, received them warmly and held business talks.

At the meeting, COSCO SHIPPING Holdings/COSCO SHIPPING Lines reviewed the cooperation between the two sides and congratulated COSCO SHIPPING Development for moving into the new site. The two sides focused on ship leasing, container manufacturing, container leasing, investment management and other areas for in-depth discussion.

COSCO SHIPPING Development said that under the strategic leadership of China COSCO SHIPPING, the company's shipping leasing division, Shanghai Universal and Florens and other business segments will further strengthen communication and coordination with the dual-brand, establish a regular communication mechanism, and improve the level of industrial chain and supply chain synergy and party building integration in an all-round way and at various levels, to seek for a new chapter of high-quality development together.

The leaders in charge of COSCO SHIPPING Holdings/COSCO SHIPPING Lines and COSCO SHIPPING Development, as well as the persons in charge of the relevant departments and affiliated entities, accompanied the meeting.