COSCO International Holdings Limited (“COSCO International” or the “Company”) is a company listed on the main board of the Hong Kong Stock Exchange. The stock code is 00517. The Company is a subsidiary of COSCO (Hong Kong) Group Limited, a wholly-owned subsidiary of COSCO (Group) Corporation. COSCO Group is a diversified multinational enterprise group with shipping, logistics and shipbuilding as its main business. It has a leading position in the world and is committed to providing customers around the world with shipping, logistics and shipbuilding and other high-quality ship-related services. The main business of COSCO International and its subsidiaries (the “Group”) is to provide integrated shipping services, including ship trade agency services, ship insurance consulting services, ship equipment and spare parts supply, paint production and sales, and trade and supply of marine fuel and related products. The company is headquartered in Hong Kong, China, and its business network covers mainland China, Hong Kong, Singapore, Japan, Germany and the United States. As of December 31, 2014, the net asset value of COSCO International Co., Ltd. was HK$505 per share, net cash per share was HK$399, and the total number of shares issued was approximately 1.53 billion shares. In order to become the world's leading one-stop integrated shipping service provider, COSCO International has received full support from COSCO (Group) Corporation over the past few years. It has strategically positioned the shipping service industry as its core business, and has initially built an integrated shipping service platform as an important foundation for future development. The content of this business platform includes: 1. Ship Trade Agency Services — An exclusive agency that provides ship trade agency services for the COSCO Group fleet. 2. Marine Insurance Advisory Service — The only insurance brokerage company within the COSCO Group that focuses on providing brokerage services such as ship insurance, risk assessment and case claims. 3. Supply of marine equipment and spare parts — COSCO Group's professional platform for centralized procurement of marine equipment and spare parts, sells a variety of marine equipment and spare parts products, and provides efficient technical support services. 4. Paint production and sales — the manufacturer and sales enterprise with the largest market share for container coatings and marine coatings in China. 5. Trade and supply of marine fuel and related products — Providing marine fuel supply and related services.
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