On August 25, the Company held the 2020 semi-annual board meeting in Room 2706 of the Port Center. The meeting was presided over by the Company’s Board Chairman Li Yibo. The Company's directors, supervisors and senior officials and heads of related departments participated in the meeting.
The Board of Directors deliberated and approved four proposals: 2020 Semi-Annual Report and Summary, Proposal on Adjusting the Estimated Quota of the Company's Daily Related Transactions in 2020, Proposal on Adjusting the Estimated Quota of the Related Transactions between the Company and China COSCO Shipping Group Co., Ltd. and its Subsidiaries in 2020, Proposal on Adjusting the Company's Subsidiaries' Acceptance of Guarantee Limits Provided by Related Parties. In the first half of the year, the operating income of the Company was approximately RMB 5.345 billion, with a year-on-year increase of 6.24%; the net profit attributable to shareholders of the listed company was approximately RMB 520 million, with a year-on-year decrease of 0.16%; the total assets were RMB 31.551 billion, with a year-on-year increase of 9.38%. (Group Propaganda)