Milestones

2018

COSCO SHIPPING (Hong Kong) and COSCO SHIPPING International (Hong Kong) Co., Ltd, entered into the Management Services Master Agreement. It is agreed that the day to day business operations and management including administrative management and financial management of COSCO SHIPPING (Hong Kong) was passed to COSCO SHIPPING International to manage. -- 07.02.2018
COSCO SHIPPING International conditionally agreed to subscribe 33% equity in Nasurfar Biomaterial by way of capital injection into Nasurfar Biomaterial in the sum of RMB 89.83 million -- 28.05.2018

2016

The Company entered into the share purchase agreement with COSCO SHIPPING Financial Holdings Co., Limited, a subsidiary of China COSCO Shipping Corporation Limited, and China Merchants Hoi Tung Trading Company Limited, to acquire the entire issued share capital of CSHT Marine Machinery Suppliers Limited at a total consideration of HK$118,400,000. -- 28.11.2016
The Registrar of Companies in the Bermuda issued certificates certifying that the change of the English name of the Company from “COSCO International Holdings Limited” to “COSCO SHIPPING International (Hong Kong) Co., Ltd.” and the adoption of “中遠海運國際(香港)有限公司” as the secondary name of the Company were both registered and took effect on 16 November 2016. -- 16.11.2016

2015

COSCO International was selected as one of the 91 constituent members of Hang Seng Corporate Sustainability Benchmark Index by Hang Seng Indexes Company Limited. -- 14.09.2015
A strategic cooperation agreement signing ceremony between Yuantong and CSHT Marchine Machinery Suppliers Ltd was held in Hong Kong. The signing of agreement fortified and developed mutual friendly cooperative relations, and enhanced the expansion of products and services, which were of great importance to the sustainable and stable development of both parties. -- 24.07.2015
A grand opening ceremony for operation of the plant of COSCO Kansai Paint (Shanghai) and a customer appreciation meeting were held in Shanghai Jinshan Industrial Zone II. The new plant will further strengthen COSCO Kansai Companies’ competitive edge in the Yangtze River Delta, and fortify its leadership in China’s coatings market. -- 30.06.2015
The Board of Directors decided to temporarily increase its annual dividend payout ratio to not less than 50% of net profit, prior to obtaining practical progress in major investment project in the future. -- 19.03.2015

2014

COSCO International acquires 51% equity interest in marine equipment supplier Yuan Hua in the U.S., which marked that the global service network in marine spare parts supply through consolidation of the resources within COSCO Group was initially established. -- 06.08.2014

2013

Jotun COSCO held an opening ceremony for its new factory in Qingdao. This indicated the official commencement of operation of the production base of Jotun COSCO in Qingdao. -- 30.05.2013
COSCO Kansai Companies won the bid for the coatings supply contract for the main bridge project of Hong Kong-Zhuhai-Macao Bridge, with the contract amount of RMB111, 800, 000. COSCO Kansai Companies became the major coatings production supplier for this bridge. -- 19.05.2013

2012

COSCO International was selected as a constituent member of the Hang Seng Corporate Sustainability Benchmark Index. -- 10.09.2012
COSCO International and 關西塗料(中國)投資有 限公司 (Kansai Paint (China) Investment Co., Ltd), a wholly-owned subsidiary of Kansai Paint Co., Ltd, entered into joint venture articles in relation to the establishment of COSCO Kansai Paint (Shanghai). The term of COSCO Kansai Paint (Shanghai) is 20 years and the total investment amount is US$64,000,000. -- 02.05.2012
COSCO International entered into a strategic cooperation agreement with China Transport Telecommunications & Information Center in Hong Kong to strengthen cooperation in various areas, including logistics services, warehousing services, business development and technical cooperation. -- 07.03.2012

2010

COSCO International announced the disposal of entire shareholdings held by the Group in Sino-Ocean Land Holdings Limited (equivalent to 949,937,399 shares) through placing agent(s) at a price of HK$5.60 per share to independent third parties. he net proceeds from the disposal are estimated to be not less than approximately HK$5,231 million. The disposal was completed on 21st December 2010. COSCO International no longer holds SOLHL’s shares and will completely divest of non-core property investme -- 16.12.2010
COSCO International announced that its wholly-owned subsidiary, Yuantong Marine Service Co. Limited, acquired 100% of the issued share capital of a company namely Xing Yuan (Singapore) Pte Ltd to expand its supply of marine equipment and spare parts business in Singapore. -- 31.05.2010
Shin Chung Lin was incorporated in Japan. It is mainly engaged in the business of sales and installation of Marchine equipment and spare parts for vessels and related services including Marchine transportation and sales, exporting and importing of raw materials and products. -- 18.02.2010

2009

COSCO International expanded its trading and supply of marine fuel and related products into overseas market through the incorporation of a wholly-owned subsidiary, Sinfeng Marine Services Pte. Ltd., in Singapore. -- 18.11.2009
COSCO International announced the acquisition of 18% of the total issued share capital of Double Rich Limited, which is mainly engaged in the trading and supply of marine fuel products. The acquisition was approved by independent shareholders on 21st April 2009. -- 03.03.2009

2008

COSCO International announced to acquire 100% equity interest in COSCO International Trading Company Limited (“CITC”). The transaction was approved by the shareholders on 5th September 2008. CITC became a wholly-owned subsidiary of COSCO International on 5th December 2008. -- 22.07.2008

2007

The coatings plant of COSCO Kansai Paint Chemicals (Zhuhai) Co., Ltd. commenced production at Gaolan Port Economic Zone in Zhuhai. Together with the coatings plants in Tianjin and Shanghai, the total coatings production capacity of COSCO Kansai Companies reached 100,000 tonnes. -- 13.09.2007
A sale and purchase agreement was entered into between COSCO International and an independent third party regarding the disposal of 51% interest in Shenyang COSCO Yihe Property Development Co., Ltd.. And COSCO International exit the Shenyang Real Estate market. -- 24.08.2007
A sale and purchase agreement was entered into between COSCO International and COSCO (H.K.) Property Development Limited regarding the disposal of the equity interest and shareholder’s loan of COSCO International Construction Limited, a holding company of Shun Shing Construction & Engineering Company, Limited. And this has been approved by shareholders on May 5th. -- 05.02.2007

2006

COSCO International announced to dispose of its entire 10% equity interest in International Paint of Shanghai Co., Ltd. The disposal signified that the Company would embark on its co-operation with Jotun A/S on the development of marine coatings in China. -- 13.09.2009
COSCO International announced to acquire a total of 24% equity interest in Sino Ocean Real Estate Development Co., Ltd. Upon completion, COSCO International held an aggregate of 44% equity interest in Sino Ocean Real Estate Development Co., Ltd. and became one of its largest shareholders. -- 22.08.2006
An opening ceremony in relation to a newly formed joint venture, Shenzhen COSCO Insurance Brokers Limited was held in Shenzhen, representing the kickoff of insurance brokerage business in China Mainland. -- 18.08.2006
A sale and purchase agreement was entered into between COSCO International’s non-wholly owned subsidiary New Central International Enterprises Co., Limited and Henan Provincial Investment Company regarding the disposal of 54% interests in Henan Xinzhongyi Electric Power Co., Ltd, indicating that the Company divested of its investment in infrastructure business. -- 23.06.2006

2005

COSCO International formed a COSCO Insurance Brokers (Shenzhen) Company to develop the marine insurance market in Mainland China. -- 28.11.2005
COSCO International entered into a project agreement with a total investment amount of USD 5.7 million with Kansai Paint Co., Ltd. and the Commission of Zhuhai Harbour Industrial Zone today to construct a new coatings plant located at the Zhuhai Harbour Industrial Zone. -- 28.11.2005
A shareholders’ agreement signing ceremony was held for the establishment of a new joint venture to develop marine coatings in China between The Company and Jotun A/S. The new joint venture was officially incorporated on 1st September 2005. -- 12.07.2005
COSCO International entered into a sale and purchase agreement with COSCO (Hong Kong) Group Limited to dispose of the eight floors of COSCO Tower. The disposal signified that the Company would totally divest of property investment business in Hong Kong. The transaction was completed on 3rd August 2005. -- 30.05.2005

2004

COSCO International entered into a share transfer agreement with COSCO Trading and Supply Investments Limited to acquire the entire equity interest in Yuantong Marine Service Company Limited. The acquisition initiated the development of the supply and installation services system of marine spare parts. -- 28.12.2004
COSCO International entered into an equity transfer agreement with Guangzhou Economy & Technology Development Zone COSCO Marine Service Co., Limited to acquire 49% equity interest in Guangzhou Jotun Ocean Paint Co., Ltd. -- 04.11.2004
COSCO International entered into an equity transfer agreement with COSCO Hong Kong to acquire the entire equity interest of COSCO (Hong Kong) Insurance Brokers Limited. This enabled the Company to develop the marine insurance brokerage business. On July 1st, COSCO (Hong Kong) Insurance Brokers Limited became a wholly-owned subsidiary of COSCO International. -- 14.05.2004

2003

COSCO International announced its acquisition of a further 28.88% equity interest in each of Shanghai COSCO Kansai Paint & Chemicals Co., Ltd., Tianjin COSCO Kansai Paint & Chemicals Co., Ltd. respectively. In addition to its 34.19% equity interest owned, the Company owned in aggregate 63.07% equity interest in each of Shanghai COSCO Kansai Paint & Chemicals Co., Ltd., Tianjin COSCO Kansai Paint & Chemicals Co., Ltd. and become their single largest shareholder. -- 01.11.2003
COSCO International announced to acquire 34.19%, 34.19% and 10% equity interest in Shanghai COSCO Kansai Paint & Chemicals Co., Ltd., Tianjin COSCO Kansai Paint & Chemicals Co., Ltd. and International Paint of Shanghai Co., Ltd. respectively. It established the key business segment of coatings of the core business of the Company. -- 01.08.2003
COSCO International formed a sino-foreign equity joint venture, Shenyang COSCO Yihe Property Development Co., Ltd., in which COSCO International owned 51% equity interest. The joint venture was engaged in the construction of property development project in Yuhong District, Shenyang. -- 01.06.2003
COSCO International announced to divest of high technology business by entering into a sale and purchase agreement regarding the disposal of 51% equity interest in Ark Pioneer Microelectronics (Shenzhen) Limited. -- 01.01.2003

2002

COSCO International adopted “中遠國際控股有限公司” as its official Chinese name of COSCO International. -- 01.06.2002
COSCO International announced to acquire 60% equity interest of COSCO International Ship Trading Company Limited. The acquisition has been approved by shareholders on 18th June 2002. -- 01.05.2002
The senior management of China Ocean Shipping (Group) Company announced that COSCO International would position “Ship Trading and Supplying Services” as its core business, which is related to the shipping businesses of its parent company, COSCO. -- 21.10.2019

2001

Beijing Tian Lin Property Development Co. Ltd., a Joint venture company formed by COSCO International and COSCO Real Estate Development Co., Ltd., attained a business registration certificate and became a sino-foreign company. -- 01.08.2001
COSCO International entered into a master co-operative agreement with COSCO Real Estate Development Co., Ltd., which held 49% equity interest in Beijing Tian Lin Property Development Co., Ltd., to develop property projects in Beijing – Ocean Prospect and Shenghuayuan Phase II. -- 01.06.2001

2000

The Company’s wholly-owned subsidiary entered into an agreement to subscribe for 0.91% interest in the enlarged issued share capital of COSCO Network Limited, which is a subsidiary of China Ocean Shipping (Group) Company, the ultimate holding company of The Company, so as to develop the network business. -- 01.04.2000
The pre-sale of the Zone I of Fragrant Garden Phase I, a property development project jointly developed by the Company and the Shanghai Hongkou District Government, was launched. -- 01.04.2000

1999

COSCO International announced to acquire 51% equity interest in Ark Pioneer Microelectronics (Shenzhen) Limited to develop high technology business. -- 01.12.1999

1998

COSCO International formed a joint venture with a subsidiary of the Shanghai Hongkou District Government for an urban redevelopment project in Shanghai, Fragrant Garden, in which COSCO International owned 85% interests. -- 01.06.1998
COSCO International announced to acquire 100% equity interest of the subsidiary of from COSCO (Hong Kong) Group Limited, which owned the eight floors of COSCO Tower. -- 01.04.1998
COSCO International announced to acquire 48.6% interest in a sino-foreign cooperative joint venture which owned the operating rights of the 2 x 200 MW coal-fired power plant. This enabled The Company to initiate its business in infrastructure investment. -- 01.02.1998

1997

COSCO International was officially renamed as its existing name from Shun Shing Holdings Limited. -- 01.07.1997
True Smart International Limited, the immediate holding company of the Company, subscribed for 134,400,000 new shares of HK$0.10 each in the capital of the Company after placing 52,420,000 existing shares to an independent third party. -- 01.05.1997
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