Ocean Shipping Group Holdings Limited was established on 1993 and listed on the main board of The Stock Exchange of Hong Kong Limited (03377.HK) on September 28th, 2007. Its main shareholders are China Life Insurance Company Limited and Renren Life Insurance Company Limited.
So far, COSCO Group has been selected as the constituent stocks of a series of indexes of Hang Seng Index, including Hang Seng Composite Index, Hang Seng Composite Industry Index-Real Estate Construction, Hang Seng Stock Connect Index, Hang Seng Composite Large and Medium Stock Index, Hang Seng Stock Connect High Dividend Low Volatility Index and Hang Seng Sustainable Development Enterprise Benchmark Index.
With the strategic vision of "the creator of building health and social value", COSCO Group is committed to becoming a comprehensive industrial company focusing on investment and development and developing related new businesses. Its main business includes residential development, real estate development and operation, property services and services for the whole industrial chain of construction, and its collaborative business includes real estate finance, aged care services, logistics real estate and data real estate.
The definition of state-owned enterprises:
State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the country respectively, including enterprises at the same level and enterprises formed by investment step by step under the supervision of central and local state-owned assets supervision and administration institutions and other departments.
As an organizational form of production and operation, state-owned enterprises have both commercial and public welfare characteristics. Their commerciality is reflected in the pursuit of maintaining and increasing the value of state-owned assets, and public welfare is reflected in the fact that state-owned enterprises are usually set up to achieve the goal of national economic regulation and control and play a role in coordinating the development of all aspects of the national economy.