Cosco Shipping Development Company Limited(601866) : the subsidiary plans to build two 700TEU class electric container ships with rmb116 million

it was announced on March 18, Cosco Shipping Development Company Limited(601866) 3 that the wholly-owned subsidiary of the company, xinhaiji, plans to entrust Yangzhou heavy industry to build two 700TEU electric container ships, with a contract price of 58 million yuan / ship (including tax), totaling 116 million yuan. The delivery time of the first ship is 19 months after the contract takes effect, and the delivery time of the second ship is 21 months after the contract takes effect.

According to the company, focusing on the main line of comprehensive logistics industry, the company takes the business chain of container manufacturing, container leasing and shipping leasing as the core, expands the integrated business development of industry, finance and investment supported by investment, and builds an excellent industrial financial operator with COSCO Shipping characteristics with market-oriented mechanism, professional advantages and international vision; Focusing on the electric ship industry chain, the company has built an advanced zero carbon intelligent ship, and is committed to improving the ability of R & D and manufacturing marine box power battery units, and building a ship charging and replacement network in key waters of China; At the same time, the company will also focus on expanding the high-end special box business of box battery and green energy supporting industry, jointly participate in equity investment enterprises and strategic partners, and realize the coordinated development of the industrial chain.

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