Historical evolution of China Ocean Holdings Co., Ltd.

China Ocean Shipping Holdings Limited ("China Ocean Shipping" or "the Company" and its subsidiaries collectively referred to as "the Group") was established in People's Republic of China (PRC) ("China") on March 3, 2005. It is the listed flagship and capital platform of China Ocean Shipping (Group) Corporation ("COSCO Group" and its subsidiaries). As of Feb. 3, 2007, COSCO Container Fleet operated 144 ships with a total capacity of 435 138 TEU. It has anchored 140 ports in more than 40 countries and regions around the world, operating 74 international routes, 20 domestic coastal routes, and 62 Pearl River Delta and Yangtze River feeder lines. Cosco has an extensive sales and service network all over the world. As of June 65438+February 3, 20071day, COSCO had more than 400 sales and service outlets at home and abroad. These global aviation networks and sales and service networks enable the Group to provide customers with high-quality "door-to-door" services. 65438+On February 3, 2007, China COSCO operated 4 19 dry bulk carriers, of which 202 were owned by the company and 2 17 were leased. With a total capacity of 3298 1460 dwt, it is the largest dry bulk cargo fleet in the world. As of June 65438+February 3, 20071,COSCO Pacific invested and operated 27 wharf projects in the world, with a total number of berths 140, ranking fifth in the world. By 65438+February 3, 2007 1, the container fleet owned and managed by Florence reached1,5 19, 67 1 TEU, and the container leasing business accounted for about 13.2% of the global market, ranking second in the world. CIMC is the largest container manufacturing company in the world, with a market share of over 50%. As the listed flagship and capital platform of COSCO Group, based in China, facing the global market, relying on market experience and global advantages, the Group has continuously improved its comprehensive shipping capacity, broadened the field of logistics services, and developed into a leading global shipping logistics supplier.