Cosco, a subsidiary of Cosco Group, and China Cosco, a listed company, are the same company?

Shanghai Ocean Shipping Co., Ltd. is a wholly-owned subsidiary of COSCO Group. In the future, the listing of COSCO Container Lines will spin off high-quality industries. At present, Shanghai Ocean Education Center is a training base of Shangyuan, not run by COSCO. Strictly speaking, COSCO and Shanghai Ocean Shipping are no longer strictly parent companies and subsidiaries.