In the afternoon of January 20, China COSCO SHIPPING Production and Financing Platform held the 2025 Working Conference, Party Building Work Conference and Employee Representative Assembly by “on-site + video”.

At the meeting, Mr. Zhang Mingwen, Chairman of the Board of Directors, Secretary of the Party Committee and General Manager of the Company, made a summary speech; Mr. Liu Nan, Deputy Secretary of the Party Committee, conveyed the spirit of the Group's “Three Conferences” in 2025; Mr. Hu Haibing, Chief Accountant of the Company, presided over the meeting. The meeting also considered the work report of the Party Committee in written form.

The meeting pointed out that in 2024, the production and financing platform adhered to the four navigations, paid close attention to the inspection and rectification at both the central and group levels, resolutely put the Party Central Committee's major policy on financial work and the Group's Party Group's decision-making and deployment in place, adhered to the production and financing service to the real economy as the fundamental purpose, adhered to the prevention and control of risks as the eternal theme of production and financing work, and focused on creating a new image of high-quality development. The company operated smoothly throughout the year and steadily improved its operational quality and efficiency, contributing to the Group's realization of new developments.

The meeting requested that in 2025, the production and financing platform should be guided by Xi Jinping's Thought of Socialism with Chinese Characteristics in the New Era, fully implement the spirit of the 20th CPC National Congress and the 2nd and 3rd Plenums of the 20th CPC Central Committee, as well as the spirit of the Central Economic Work Conference and the 4th Plenum of the Central Commission for Discipline Inspection. Focusing on the working objectives of strengthening, optimizing and expanding the Group and achieving new breakthroughs in high-quality development. The Group has been focusing on cultivating the shipping gene, enhancing the three major functions of “production, financing and investment”, building the “four systems” and promoting the “five new qualities”, and striving to cultivate and develop the new productivity of shipping production and financing, complete the objectives and tasks of the 14th Five-Year Plan with high quality, lay a solid foundation for a good start of the 15th Five-Year Plan, and contribute to the Group's construction of a world-class shipping science and technology enterprise with greater strength in industry and finance.

The meeting called on the production and financing platform to actively play a role in the Group's new journey to build a world-class shipping science and technology enterprise, and to keep the spirit of “breakthrough”, “creation” and ”action” style to achieve breakthroughs in strengthening and serving the main business, and effectively take up the important responsibilities and missions entrusted to us by the Group, to contribute to the strength of the platform for the construction of a strong shipping country and the promotion of Chinese-style modernization!

At the meeting, the Financial Management Department of the company informed the economic benefits and budget implementation of the company in 2024; three entities: Shanghai Universal, Shipping Leasing Division and Florens, which belong to the company, made exchange speeches. The meeting also considered the relevant topics of the Employee Representative Assembly and recognized the advanced groups and individuals of the company in 2024.

Leadership team members of the production and financing platform, heads of departments at the company headquarters, company leaders and labor union leaders of each directly affiliated entity/business division, and employee representatives attended the meeting.