China COSCO
|
State-owned enterprise Public company |
|
| Traded as | : 1919 : |
| Industry | Shipping and Logistics |
| Founded | 2005 |
| Headquarters | Tianjin, People's Republic of China |
|
Area served
|
People's Republic of China |
|
Key people
|
Legal Representative and Chairman: Mr. Ma Zehua (马泽华) |
| Services | Container shipping, Dry bulk shipping, Third party logistics, Freight forwarding, Terminal and container leasing |
| Revenue | RMB 66,137,861,000 (2013) |
| RMB 235,470,000.00 (2013) | |
|
Number of employees
|
39,397 (as at 31 December 2013) |
| Parent | COSCO Group |
| Subsidiaries | COSCO Pacific |
| Website | www.chinacosco.com |
China COSCO Holdings Company Limited (: 1919,: ) (short form "China COSCO") was established in the People's Republic of China in 2005. It is the listed flagship and a subsidiary of China Ocean Shipping (Group) Company ("COSCO Group"), the largest integrated shipping company in China and the second largest in the world.
China COSCO provides a wide range of container shipping, dry bulk shipping, third party logistics, freight forwarding, Terminal and container leasing domestically and internationally. It is headquartered in Beijing.
On 30 June 2005, its H shares were listed on the . On 26 June 2007, its A shares were listed on the .
China COSCO recorded a loss for financial years 2011 and 2012 and could face a delisting from the Shanghai Stock Exchange if it made a loss for the third consecutive year. On 27 March 2013, China COSCO recorded a profit of RMB 235.47 million for the 2013 financial year and avoided the possible delisting.
In December 2015, COSCO Group underwent a major reorganisation with China Shipping Group to form the new China COSCO Shipping Corporation Limited.
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Wikipedia