COSCO (H.K.) GROUP

The coating plants established by the joint ventures of the Company and Kansai Paint Co., Ltd., namely COSCO Kansai Paint & Chemicals (Tianjin) Co., Ltd., COSCO Kansai Paint & Chemicals (Shanghai) Co.,Ltd., and COSCO Kansai Paint & Chemicals (Zhuhai) Co., Ltd., (collectively known as "COSCO Kansai Companies"), are strategically located in the three of the areas with the highest economic growth in China, namely the Pearl River Delta, the Yangtze River Delta and the Pan-Bohai Rim Area, which form a cross regional platform across the areas of Southern China, Central China and Northern China, facilitating the provision of speedy and efficient services to customers of these regions.

Currently, the total maximum production capacity of the coating plants of COSCO Kansai Companies reaches 100,000 tonnes. The coating products manufactured by COSCO Kansai Companies adopt the same standards as those of Kansai Paint Co., Ltd., in the aspects including paint technology formulae, raw materials adoption, manufacturing arts, products index and customer services. Its container coatings have a leading position in the container coatings market in China.

Currently, the industrial heavy-duty anti-corrosion coatings produced by COSCO Kansai Companies are used mainly in nuclear stations, ports, power stations, oil, petrochemical, transportation and municipal government infrastructure. It has a good reputation in the industry.