We are an integrated shipping services provider headquartered in the PRC. We endeavour to provide comprehensive shipping solutions to our customers along the value chain of the maritime shipping industry. We have been successful in the provision of ship management and shipping services. According to the F&S Report, we ranked the first amongst ship management services providers headquartered in the PRC in terms of the number of third-party owned vessels under management in 2021. With a combined weight carrying capacity of approximately 1.26 million dwt for our entire controlled vessel fleet and approximately 1.15 million dwt for our controlled dry bulk carrier fleet, respectively, we ranked the fifth largest maritime shipping services company and the fifth largest dry bulk shipping company headquartered in the PRC in terms of weight carrying capacity (dwt) for international shipping routes in 2021.

In recognition of our high service quality, we have been awarded the “Most Popular Ship Management Company” by China Zhenghe Sailing Awards Organizing Committee in 2018, and the “2021 Ship Management and Crew Service Excellence Award” by the 2021 International Ship Management (Shanghai) Summit Organizing Committee in 2021.We also have been awarded the “2021 Best Shipping Company” by China Zhenghe Sailing Awards Organizing Committee in 2022. We have maintained the GB/T 19001–2016/ISO 9001: 2015 accreditation for quality management systems since 2017.

Our ship management business has reached a new milestone within the year, which successfully ranking ninth on the Lloyd's List 2023 Top 10 Ship ManagementEnterprises and Managers, becoming the first Chinese-funded shipping companyon the list since its creation.

Leveraging its increasingly extensive industry experience and broad customer base, we have further broadened its service offerings to provide shipbuilding supervision services in 2019.

From the start of the service until December 31, 2023，we have been engaged to provide shipbuilding supervision services for more than 150 shipbuilding projects of various types，covering bulk carriers, container ships, multi-purpose vessels, oil tankers, chemical tankers and marine engineering vessels, automobile ships, LPG ships, very large gas carriers, fishing breeding vessel, trailing suction hopper dredgers, wind power installation ships, liquefied natural gas bunkering vessels, passenger ships, etc.

As of 31 December 2023, we controlled a vessel fleet comprising 28 vessels of varying sizes.With our large and varied fleet of dry bulk carriers, we are able to transport all major kinds of dry bulks for our customers such as iron ore, coal, grain, steel, logs, cement, fertilizer, nickel ore and bauxite. In addition to dry bulk goods, we are also able to transport asphalt, petrochemical products and molten sulphur through our controlled fleet of oil and chemical tankers.

Our comprehensive, asset-light ship management services business segment as well as our sizeable network of trusted vessel suppliers and the strategically balanced asset mix in our vessel fleet for our shipping services business segment have allowed us to continuously scale up our business, quickly respond to market conditions, increase our profitability and better serve our customers.