Company Profile of Qingdao COSCO International Freight Co., Ltd.

Qingdao COSCO International Freight Co., Ltd. (Qingdao COSCO for short) is the Qingdao branch of COSCO Container Lines Co., Ltd., the core enterprise of COSCO Group.

As an important part of China Ocean Shipping (1919. HK), which was successfully listed on the Hong Kong Stock Exchange on June 30, 2005, COSCO Consolidated Operations is committed to providing high-quality shipping, logistics and other services to global customers. At the same time, it can also provide customers with services in multiple industries such as shipping agency, freight forwarding, terminal, trade, real estate and IT. COSCO Container Lines has more than 141 modern full-container ships and multiple container ships with 10,000 TEUs. The total container space is nearly 500,000 TEUs. In terms of route laying, COSCO Container Lines has opened more than 70 global trunk routes, and ships call at 155 important ports in the world. The container transportation business spans the world, and its influence radiates to transportation hubs and economic hotspots on five continents. It has more than 400 agency branches around the world and has formed a network. In mainland China, COSCO Container Lines has more than 300 freight forwarding agencies, covering railway hubs, highway sites, international airports and major coastal ports across the country, with Dalian, Tianjin, Qingdao, Shanghai, Guangzhou, Shenzhen, Xiamen, Wuhan and other regions as fulcrums. Intermodal transportation network and transportation service system connecting major transportation cities. Overseas, COSCO Container Lines continues to strengthen its multimodal transport service business, with outlets covering five continents: Europe, the United States, Asia, Africa and Australia, achieving all-round, all-weather barrier-free services.

Qingdao China Cargo is responsible for on-site management, ship-to-ship services and space sales of ships calling at Qingdao, Yantai, Lianyungang, Rizhao and Longkou ports. Qingdao China Cargo is the container shipping company with the largest import and export volume at Qingdao Port, with a total annual import and export container volume of nearly 700,000 TEU, and a comprehensive on-time rate of 100%. The business has expanded to include international and domestic container freight forwarding, shipping agency, bulk freight forwarding, international multimodal transport, customs declaration and inspection, warehousing and logistics, bonded, insurance agency and other large-angle and all-round business scope.

Qingdao China Cargo is the largest freight forwarding company in Qingdao Port. Nearly 50 branches are located in the four and a half provinces of Shandong, Henan, Northern Jiangsu, Gansu and Xinjiang, forming a complete freight network and transportation service system with Qingdao Port as the leader, covering the hinterland of Shandong and surrounding areas. Qingdao China Cargo relies on COSCO's strong logistics assets in Qingdao and surrounding areas, and integrates many resources such as ports and railways to build an international logistics system that operates smoothly.

Qingdao China Cargo is the largest container shipping agency in Qingdao Port. Responsible for the container shipping agency of COSCO Container Lines' own, self-operated and joint ventures, with more than 80 ships per month.

Qingdao China Cargo’s management level and service quality have been fully integrated with international standards. In 1997, it passed the ISO9002 international quality system certification audit of Det Norske Veritas (DNV), becoming the first enterprise in the freight industry in Qingdao to pass the international quality system certification. Qingdao China Cargo attaches great importance to customer service and honest management, and has been recognized as an AAA (highest) reputable enterprise by the China International Freight Forwarders Association and Qingdao Enterprise Federation.