COSCO SHIPPING Development involves shipping-related leasing businesses such as ship chartering, container leasing, terminal storage facilities leasing, and non-shipping leasing businesses such as supply chain finance, shipping insurance, logistics infrastructure investment and equity investment (including financial assets investment). Currently, the Company is committed to building an integrated shipping finance service provider.
Cosco Shipping Development Company Limited (formerly China Shipping Container Lines Company Limited), a specialized corporation affiliated to China COSCO Shipping Corporation Limited, is mainly involved in supply chain integrated financial services. It was established in 1997, with head office in Shanghai, the PRC, and is listed both in Hong Kong and Shanghai. The registered capital of the Company is RMB11.68 billion. As at June 30 2016, the Company had total assets of RMB101.29 billion.