Hainan Strait Shipping Co., Ltd.

Hainan Strait Shipping Co., Ltd. is a leading ro-ro passenger shipping enterprise based in Hainan, China. Established on December 6, 2002, the company focuses on providing transportation services across the Qiongzhou Strait and has been listed on the Shenzhen Stock Exchange since December 16, 2009. The company is currently controlled by China Ocean Shipping Group, a prominent state-owned enterprise in the shipping industry. The main business lines of Hainan Strait Shipping include shipping logistics, port commerce, marine tourism, and yacht services, among others. The company has a strong presence in Hainan Island and extends its services to regions such as Xisha in the South China Sea and other provinces like Guangdong and Guangxi. With a well-established fleet and a professional crew, Hainan Strait Shipping has accumulated extensive experience in route management and customer service. The company is also focused on digital transformation, leveraging advanced technologies to enhance operational efficiency and safety in its shipping and port operations.

1.Advantages of Indirect Controlling Shareholder The company's indirect controlling shareholder, COSCO Shipping Group, is a large state-owned enterprise directly managed by the State-owned Assets Supervision and Administration Commission of the State Council and is a global leading shipping enterprise. COSCO Shipping Group focuses on shipping, ports, and logistics as its core businesses, concentrating on digital intelligence empowerment and green low-carbon development. It is committed to building an integrated service system of "shipping + ports + logistics," creating a global green and intelligent comprehensive logistics and supply chain service ecosystem, and establishing a world-class shipping technology enterprise. By leveraging COSCO Shipping Group's advantages in management, resources, and platforms, the company has achieved high-quality development. 2.Management and Operation Advantages The company has long been engaged in the roll-on/roll-off (ro-ro) transportation across the Qiongzhou Strait and is the leading enterprise in passenger ro-ro transportation in Hainan Province. Over the years, it has accumulated rich experience in route management and customer service. It also has an experienced management team and a professional crew, ensuring efficient operations. 3.Integration Advantages of Ports and Shipping Resources The integration of ports and shipping across the Qiongzhou Strait is one of the important tasks for the construction of the Hainan Free Trade Port. The company completed the integration of shipping resources on both sides of the Qiongzhou Strait in 2021. After the integration, the fleet size expanded, and the ship structure became more rational, meeting the diverse and time-specific transportation needs. In terms of port resource integration, the company manages the ro-ro terminal on the south bank of the Qiongzhou Strait and continues to promote the integration of the north bank port. At present, the effective linkage of the four ports on both sides ensures the safe and orderly production operations of ships and ports, enhancing the company's core competitiveness. 4.Information Technology Advantages The company focuses on digital transformation and development, applying big data, cloud computing, artificial intelligence, and other technologies to the port production process. It has developed and optimized various intelligent scenario functions to build a smart port. Meanwhile, it has promoted intelligent applications in the shipping sector, such as in-ship safety early warning systems, ship situational awareness, and intelligent collision avoidance systems. Relying on technological advantages, the company has vigorously promoted technology-driven safety improvements and enhanced the safety management level of ships. 5.Talent Advantages The company adheres to the team-building philosophy of "people-oriented" and deepens the reform of the employment mechanism. It expands the introduction of new types of talents through multiple channels, establishes and improves a well-organized structure with clear responsibilities and reasonable staffing, and optimizes the compensation and performance system. This has stimulated the enthusiasm and vitality of the talent team and promoted the optimal allocation of human resources, providing sufficient talent support for the company's future expansion of new routes, additional shipping capacity, and new business development.