COSCO SHIPPING Lines was formed with the integrated container businesses of COSCO Container Lines Co., Ltd. and China SHIPPING Container Lines CO., Ltd.. It commenced operation on 1st March 2016 with a registered capital of RMB23.664 billion. Its registered address is Hongkou District in Shanghai. The Company is mainly engaged in domestic and international container shipping services and related businesses. The Company is one of COSCO Shipping Group’s core business segments. COSCO SHIPPING Lines is headquartered in Shanghai with 27 departments. It has established domestic branches in 9 ports located in Dalian, Tianjin, Qingdao, Shanghai, Ningbo, Xiamen, South China, Hainan and Wuhan respectively, and 9 overseas branches in Europe, North America, Southeast Asia, West Asia, South America, Australia, Japan, Korea and Africa respectively. By the end of July 2022, COSCO SHIPPING Lines had a total of 224 corporate enterprises in China and overseas with over 400 marketing and service outlets spread across the world. The Company employs 17,000 staff globally, including 5,339 overseas members. By the end of April 2023, COSCO SHIPPING Lines owned and operated 368 container vessels with a total capacity of approximately 2.1 million TEUs (the Company and Oriental Overseas International, a subsidiary of COSCO SHIPPING Holdings, owned and operated 477 container vessels with a total capacity of 2.9 million TEUs, leading the industry in terms of shipping capacity). The Company operates 395 international and domestic shipping routes, including 259 international routes (including international feeder services), 52 domestic routes, and 84 feeder routes along the Pearl River Delta and the Yangtze River. The Company’s fleet has called 578 ports located in 142 countries and regions worldwide.