Corporate Culture of China Ocean Holding Co., Ltd.

1 society and environment. Cosco Group was approved by the United Nations to become a member of the Global Compact from June 5th to1October 5th, 2005. In strict accordance with the requirements of the ten principles of the Global Compact, we have established close contact with the United Nations Global Compact Promotion Office in China and actively promoted the Global Compact. Under the guidance of Cosco Group's Implementation Plan of Global Compact and Sustainable Development, China COSCO has implemented comprehensive risk management and global compact, established conservation-oriented enterprises and harmonious enterprises, and realized the coordinated and sustainable development of enterprise value, human environment and natural environment. 2. Brand value. China COSCO owns or has been allowed to use some famous trademarks.

(1), China COSCO can use COSCO and its trademarks/service marks in China and other international container markets.

Since the establishment of 196 1, China Ocean Shipping (Group) Corporation has been focusing on international shipping business and has been using the trademarks/service marks of "COSCO" and "COSCO". "COSCO" and "COSCO" are one of the most widely recognized and well-known trademarks/service marks in the global shipping industry. Since its establishment, China COSCO has been committed to responding to customers' changing needs by strengthening service quality, improving flight frequency and punctuality rate, and implementing effective staff training, so as to consolidate the leading position of "COSCO" and "COSCO" brands in the global container industry and win the trust of a wide range of customers in the Group's global container shipping services.

(2) The subsidiary of China COSCO has applied for the registration of the Pan-Asian trademark in China. "Panasia" and "PanAsia" trademarks are used in China market and various Sino-Japanese air routes.

(3) Floren, a wholly-owned subsidiary of COSCO Pacific, owns the trademark "Floren", which was used in COSCO Pacific before 1994 was listed on the Stock Exchange. This trademark is one of the most famous trademarks in the container leasing industry.