A. General introduction
II. Major subsidiaries and joint ventures
  1. Shipping industry
 
CHINA COSCO HOLDINGS COMPANY LIMITED
Nature of company:
Investment proportion:
Staff:
Core business revenue:
Total assets:
joint stock limited company
63%
12139employees
39.166 billion yuan
51.676 billion yuan
1.Core businesses:
container transportation, dock investment, international cargo forwarding agency, domestic land way freight agency, and container production and leasing.

2.Capacity of products and services:
Ranking No.1 in China and No.5 in the world in container vessel fleet capacity. By the end of December 2005, COSCO has joined 25 dock projects at home and abroad and owned 94 berths, ranking the fifth largest dock operators in the world.

For the future development, COSCO will keep improving competitive capability and dedicate itself to growing into a comprehensive shipping company leading globally in business scale, service range, profitability and customer satisfaction. The group will keep improving information system and enhance cost control measures, and at the same time optimize the capacity, routes and dock network of the container fleet and improve the door-to-door service. It commits itself to increasing customer satisfaction, improving profit capability and creating more value for shareholders.

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COSCO Group, October 2006