On February 21, 2019, the Inaugural Opening Ceremony and Business Event of COSCO SHIPPING Investment Dalian Co., Ltd. took place at Dalian InterContinental Hotel. Leaders and guests, including Mr. Tan Chengxu, Deputy Secretary of Dalian Municipal Party Committee and Mayor of Dalian, Mr. Xiao Shengfeng, Director of the Standing Committee of Dalian Municipal People’s Congress, Mr. Wang Qiyao, Chairman of Dalian Municipal Committee of the Chinese People’s Political Consultative Conference, Mr. Jin Guowei, Vice Mayor of Dalian, Mr. Yang Guangzhi, Director of the Management Committee of Dalian Changxing Island Economic and Technological Development Zone, Capt. Xu Lirong, Chairman of COSCO SHIPPING, Mr. Sun Jiakang, Executive Vice President of COSCO SHIPPING, and Mr. Sun Yunfei, Executive Vice President and Chief Financial Officer of COSCO SHIPPING, attended the meeting and unveiled the nameplate for the new company. The meeting was addressed by Mr. Tan Chengxu, Capt. Xu Lirong and a customer representative – President of Ningbo Lingzhou Chemical Co., Ltd. Mr. Zhou Jianhuai. Mr. Yang Shicheng, Chairman of COSCO SHIPPING Investment Dalian, presided over this opening ceremony.
Mr. Tan Chengxu said in his speech that Dalian has maintained long-term cooperation with COSCO SHIPPING, whose subsidiaries in Dalian have made positive contributions to building the city into an international shipping center in Northeast Asia over the years. In November 2018, Dalian Changxing Island Economic and Technological Development Zone concluded a strategic cooperation framework agreement with COSCO SHIPPING, pledging to expand cooperation in warehousing, logistics and incubation of new technologies for the petrochemical industry. The founding of COSCO SHIPPING Investment Dalian is a fruit of their strategic cooperation. Currently, Dalian is earnestly implementing the spirit of the important speeches by General Secretary Xi Jinping during his inspection tour in Liaoning Province and at the symposium on advancing revitalization of Northeast China, making headway in promoting high-quality development, which will provide more opportunities for cooperation between the two sides. The new company will inject new impetus into the construction of Dalian into an international shipping center in Northeast Asia and revitalization of the northeastern region.
According to Capt. Xu Lirong, COSCO SHIPPING Investment Dalian is another achievement of COSCO SHIPPING in promoting its regional subsidiary reform and a new milestone in its restructuring efforts. Establishing a regional company in Dalian is the latest move taken by COSCO SHIPPING to deepen reforms and accelerate the development of social services, as well as a concrete measure to improve its development strategy in China, especially in the areas north of the Yangtze River and to enhance its core competitiveness. As a regional subsidiary in Dalian, COSCO SHIPPING Investment Dalian strives to a leader and key pillar of COSCO SHIPPING in social service development in Northeast China. It will provide a platform for social service investment and operation, for conducting local management and for incubating new business areas, technologies and formats. Making use of the preferential policies, such as revitalizing the old industrial base in Northeast China, Belt and Road construction and building Dalian into an international shipping center in Northeast Asia, the new company will serve as a link between and an engine for development of COSCO SHIPPING and local economy, and contribute to the rejuvenation of Northeast China and construction of an international shipping center.
At the meeting, COSCO SHIPPING Investment Dalian signed cooperation agreements with 10 units, including the Management Committee of Dalian Changxing Island Economic and Technological Development Zone, China International Capital Corporation Limited, Dalian Institute of Chemical Physics, Chinese Academy of Sciences, Dalian Maritime University, Shanghai Sansheng Hongye Investment (Group) Co., Ltd., Guangdong Deyuan Energy Logistics Development Co., Ltd., COSCO SHIPPING Energy Transportation Co., Ltd., COSCO SHIPPING Logistics Co., Ltd., COSCO SHIPPING Heavy Industry Co., Ltd., and COSCO SHIPPING (Guangzhou) Co., Ltd.
More than 200 guests were invited to the meeting, including leadership of Dalian Changxing Island Economic and Technological Development Zone and Zhongshan District, executives from COSCO SHIPPING’s related divisions and its subsidiaries in Dalian, board members of COSCO SHIPPING Investment Dalian, and representatives from renowned financial institutions, research institutions, maritime colleges, carriers and ports both at home and abroad.