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COSCO SHIPPING Development Co., Ltd. (CITAF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.1541-0.0028 (-1.77%)
At close: 10:10AM EDT

COSCO SHIPPING Development Co., Ltd.

No.5299 Binjiang Avenue
Pudong New Area
Shanghai 200127
China
86 21 6596 6666
https://development.coscoshipping.com

Sector(s)Industrials
IndustryMarine Shipping
Full Time Employees13,338

Key Executives

NameTitlePayExercisedYear Born
Mr. Chong LiuExec. Chairman243.23kN/A1970
Mr. Mingwen ZhangGM & Exec. DirectorN/AN/A1978
Mingming ZhangHead of the Accounting DepartmentN/AN/AN/A
Mr. Dong MingDeputy Gen. Mang.N/AN/A1971
Mr. Feng LinChief AccountantN/AN/A1975
Ms. Haiying DuDeputy Gen. Mang.N/AN/A1975
Ms. Sau Mei Ng ACIS, ACS, FCIS, FCSJoint Company Sec.N/AN/A1977
Mr. Lei CaiJoint Company Sec.N/AN/A1979
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health care, education, energy, construction, and industrial communication. As of December 31, 2021, it had 74 container ships. The company was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in December 2016. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.

Corporate Governance

COSCO SHIPPING Development Co., Ltd.’s ISS Governance QualityScore as of July 31, 2022 is 8. The pillar scores are Audit: 4; Board: 3; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.