China COSCO

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China COSCO Holdings Company Limited
中国远洋控股股份有限公司
Type State-owned enterprise
Public company
Traded as SEHK1919
SSE: 601919
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)
Net income RMB 235,470,000.00 (2013)
Employees 39,397 (as at 31 December 2013)
Parent COSCO Group
Subsidiaries COSCO Pacific
Website www.chinacosco.com

China COSCO Holdings Company Limited (SEHK1919,SSE: 601919) (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.[1]

On 30 June 2005, its H shares were listed on the Hong Kong Stock Exchange. On 26 June 2007, its A shares were listed on the Shanghai Stock Exchange.[2]

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.[3]

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