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| In 2006, COSCO's 15 companies fully implemented the sustainable development management system, which covered COSCO's three major business scopes: shipping, logistics, ship-building and ship-repairing. Of these companies, all shipping companies, (excluding overseas ones), all logistics companies and all ship-repairing enterprises are involved into 80% of COSCO's important business and generating 80% of COSCO's total sales revenues. |
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| China COSCO Holdings Company Limited (China COSCO) was a joint stock limited company solely established by COSCO on Mar, 3, 2005. In June 2005, China COSCO issued the H share through global offering and Hong Kong public offering, and started the trading on Hong Kong Stock Exchange (HKSE) on Jun. 30, 2005. On Jun.26, 2007, the company was listed in Shanghai Stock Exchange. |
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| In terms of the total deadweight tonnage, COSCO Container Lines ranked No.1 among China's container shipping companies and the No.5 among global container shipping companies as of Dec. 31, 2006. The vessel fleet of COSCO Container Lines owns and operates 139 vessels with a total deadweight tonnage of 399,237 TEU, calls at more than 120 ports in over 40 countries and regions. COSCO Container Lines runs 74 international shipping routes, 12 international branch lines, 17 domestic coastal shipping routes and 52 branch lines in Yangtze River and Pearl River Delta Region. COSCO Container Lines owns and operates widespread sales and service networks in China. As of Dec. 31, 2006, COSCO Container Lines owns and operates 306 domestic 72 overseas sales and service outlets, while managing and using 89 overseas sales and service outlets. China COSCO operates the terminal business via the subsidiary COSCO Pacific. As of Dec. 31, 2006, COSCO Pacific operated 23 terminal projects in the world with a total of 119 berths and annual throughput of 32,791,713 TEU, ranking No.5 in the world. China COSCO runs the container leasing business via Florence, a subsidiary of COSCO Pacific. As of Dec. 31, 2006, Florence owned and operated the container fleets of 1,250,609TEU, and its container leasing business occupied about 11.9% share in the global market, ranking the world's No.3. In addition, the company is engaged in the container manufacturing business via the CMIC, a company in which COSCO Pacific has stakes. CMIC is currently the world's largest container manufacturing company with over 50% market share. The company provides comprehensive logistics services including third-party logistics, ship agency and cargo freight through its controlled subsidiary COSCO Logistics (China COSCO directly holds a 51% stake in COSCO Logistics and indirectly holds the remaining 49% via COSCO Pacific.). COSCO Logistics has established more than 400 business branches in 29 provinces, municipalities and autonomous regions in the mainland China, Hong Kong and overseas regions. |
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| As a core company of COSCO, COSCO Container Lines Co. Ltd (COSCO Container Lines) is specially engaged in the ocean container transportation business, which is managed by China COSCO. Established on Nov. 11, 1997, COSCO Container Lines was a combination of the COSCO container transportation headquarters (established in Jul. 1993) and Shanghai Ocean Shipping (established on Apr. 1, 1964). |
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| In terms of the total deadweight tonnage, COSCO Container Lines ranked No.1 among China's container shipping companies and the No.5 among global container shipping companies as of Dec. 31, 2006. The vessel fleet of COSCO Container Lines owns and operates 139 vessels with a total deadweight tonnage of 399,237 TEU, calls at more than 120 ports in over 40 countries and regions. COSCO Container Lines runs 74 international shipping routes, 12 international branch lines, 17 domestic coastal shipping routes and 52 branch lines in Yangtze River and Pearl River Delta Region. |
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| The number of employees includes the employees of relevant units that have not been listed. |
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| Controlled by COSCO and established in 1995, COSCO Bulk Carrier Co. Ltd (COSCO Bulk) is a large shipping enterprise engaged in the internal ocean dry bulk transportation. Insisting on the triumvirate market strategy positioning of òshipowner, charter and brokeró, COSCO BULK has enabled the diversified operation, intensified operation and cross-boarder operation for the shipping business and actively takes part in the international bidding. It flexibly leases the carrying capacity and runs the relevant shipping business including selling and buying new and second-hand vessels. |
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| The company owns and operates over 70 large bulk carriers of all types such as Handysize, Panamax and Capesize, with the total deadweight tonnage of four million and controls the total deadweight tonnage of over 13 million. Provide customers at home and abroad with ocean shipping services for such goods as grains, ore, coals, fertilizer, steel, wood and farm products. The shipping routes cover more than 1000 ports in over 100 countries and regions. |
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