COSCO International Holdings Limited ("COSCO International"), a subsidiary of COSCO (Hong Kong) Group Limited ("COSCO Hong Kong") since July 1997, has been listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") since February 1992 under the stock code of 0517.
COSCO International and its subsidiaries' core business is ship trading and supplying services, other business operations include property development and property investment.
As of 31st December 2006, the total asset value and net asset value of COSCO International was about HK$3.7 billion and HK$2.2 billion respectively, and the total number of shares in issue was more than 1.45 billion.
COSCO International's 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.
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, COSCO International's vision 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.
