CNOOC (Hainan) Haisheng Shipping Co., Ltd. (600896)

CNOOC (Hainan) Haisheng Shipping Co., Ltd. (600896)

The company is the backbone enterprise of China Shipping Group and the largest shipping enterprise in Hainan Province. It is mainly engaged in the transportation of coal, iron ore, asphalt and other bulk cargo from Hainan to the domestic coastal areas. Relying on the strong strength of China Shipping Group, the largest shareholder, the company currently occupies a dominant position in the bulk cargo transportation market of Hainan Province.

The company has four bulk asphalt depots with a total reserve of 22500 tons, as well as the largest asphalt transportation fleet with a total tonnage of 33500 tons in Asia, which has a leading position in the domestic asphalt transportation industry. China Shipping Group promises to increase its support for the company to ensure the transportation of important materials such as power coal, ore and industrial and agricultural products in Hainan Province; It will support the company to rapidly expand the scale of transportation capacity and timely inject high-quality assets from China shipping into the company.

As one of the two listed companies of CNOOC Group in China, the company, on the basis of the original coastal and offshore bulk cargo transportation, gives full play to the financing advantages of the listed companies, focusing on the development of the transportation of special goods such as chemicals, liquefied gas, bulk asphalt, bulk cement, wood, self unloading of sand and gravel, and major parts, as well as the related warehousing, trade and other businesses, Efforts should be made to form the scale of special transportation industry. With the strong support of the majority of shareholders and all sectors of society, since 1998, we have set up a professional chemical transportation fleet in Shanghai, developed the largest bulk asphalt transportation fleet in Southeast Asia in Hainan, and established an asphalt company focusing on asphalt storage and trade in Shenzhen, realizing the transformation and adjustment of business operation and initially forming the scale of special transportation industry, New economic growth points will be formed. As of December 2003, the company has assets of 1.07 billion yuan, and has a number of holding and joint-stock companies, including Shanghai Jinhai shipping trade Co., Ltd., Guangzhou Zhenhua Shipping Co., Ltd. (including Guangzhou Haidian Shipping Co., Ltd. and Shenzhen sanding oil transportation trade Co., Ltd.), Shenzhen Zhonghai Haisheng asphalt Co., Ltd., Hainan Zhonghai Haisheng Hailian Shipping Co., Ltd China Shipping (Hainan) Haisheng Trading Co., Ltd. It manages 23 bulk cargo, oil tankers, chemicals, asphalt and other transport ships with a total capacity of 550000 DWT, ranking the leading position in the shipping industry of Hainan Province. While consolidating the main shipping business, the company also set foot in the high-tech industry and participated in the establishment of Tsinghua Ziguang Technology Innovation Investment Co., Ltd; Setting foot in securities business, carrying out capital operation and taking part in Guotong Securities Co., Ltd. have created broad space for the development of the company

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