Cosco Shipping Development Co., Ltd. (601866)
SSE SSE Primary Summary
Cosco Shipping Development Co., Ltd. (601866) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Cosco Shipping Development Co., Ltd. ever had a stock split?
Cosco Shipping Development Co., Ltd. Profile
| Aerospace & Defense Industry | Industrials Sector | Mr. Mingwen Zhang C.F.A. CEO | SSE Exchange | CNE1000008F2 ISIN |
| CN Country | 11,261 Employees | 31 Jul 2026 Last Dividend | - Last Split | - IPO Date |
Overview
COSCO SHIPPING Development Co., Ltd., a subsidiary of the global conglomerate COSCO SHIPPING Group, focuses on the integrated logistics industry primarily within China's expansive market. The company has undergone significant changes in its branding and operational scope since its inception, moving from China Shipping Container Lines Company Limited to its current identity in December 2016. This shift reflects its expanded services beyond container shipping to a more diverse logistics and financial leasing portfolio. Founded in 1997 and headquartered in Shanghai, COSCO SHIPPING Development leverages its strategic location and resources to serve a broad client base, aiming to be a leader in the logistics sector.
Products and Services
- Vessel Operational and Financial Leasing Services
Providing a suite of leasing solutions, COSCO SHIPPING Development supports the maritime sector's dynamic needs by offering financial and operational leases. Their fleet includes container vessels suited for a range of cargo, dry bulk cargo vessels for large-scale bulk materials, specialized ships for unique maritime needs, and LNG vessels designed for the transport of liquefied natural gas.
- Trading, Management, Manufacture, and Leasing of Used Containers
Recognizing the value and demand for second-hand containers in global trade, the company engages in the buying, selling, and leasing of these units. This aspect of the business covers management services, ensuring that each container is up to operational standards, alongside manufacturing to cater to specific market demands.
- Logistics Equipment Manufacture and Sale
Through in-depth research and development, COSCO SHIPPING Development produces and markets a range of logistics equipment. This broad category encompasses tools and machinery essential for the efficient handling, storage, and transportation of goods, offering innovative solutions to modern logistical challenges.
- Capital Market Services
The company extends its expertise into the financial realm, providing equity and insurance brokerage services. This diversification reflects its ambition to offer comprehensive solutions that underpin the logistics industry, not just through physical infrastructure but also via critical financial conduits.
