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COSCO International Holdings Limited (“COSCO International” or the “Company”) and its subsidiaries’ core business is ship trading and supplying services, including ship trading agency, marine insurance brokerage,
marine equipment, spare parts and communications and navigation equipment and production and sales of coatings products ,other business include property development and property investment.
COSCO International has been listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) since February 1992 (Stock Code: 0517). The Company became a subsidiary of COSCO (Hong Kong) Group Limited (“COSCO Hong Kong”) in July 1997 and was renamed to its present name. COSCO Hong Kong is a wholly-owned subsidiary of China Ocean Shipping (Group) Company (“COSCO”). As of 30th June 2007, the total asset value and net asset value of the Company was about HK$4.1 billion and HK$2.60 billion respectively, and the total number of shares in issue was more than 1.46 billion.
COSCO and its subsidiaries (“COSCO Group”), a multinational diversified conglomerate,are engaged mainly in the provision of shipping, logistics businesses and other shipping related services for customers worldwide. In the past few years, with the support from COSCO, COSCO International has begun to position itself on ship trading and supplying services as its core business and made tremendous progress.
Its core businesses comprise ship trading agency services, marine insurance brokerage services, sales of marine equipment, spare parts, communications and navigation equipment and production and sales of coatings, which grounded a strong foundation for future development in the long run. |
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COSCO International’s vision is to provide quality and professional services for fleets in China and worldwide, through the establishment of a comprehensive, safe, reliable and efficient ship trading and supplying services supply platform. Our aim is to become a competitive, professional and unique ship trading and supplying services provider worldwide.
Relying on the support of COSCO Group and leveraging on its substantial resources, COSCO International's mission is to maximise its shareholder returns. By maintaining trustworthy and harmonious relationships with its customers, business partners and employees, COSCO International continues to pursue sustainable development and maintain its leading position in ship trading and supplying services worldwide.
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