Establishment--COSCO Hong Kong was established on 28th August 1994. It is an important overseas regional headquarters and conglomerate of COSCO Group. COSCO Group started its business in Hong Kong more than 40 years ago, COSCO Hong Kong is now one of the large Chinese enterprises in Hong Kong.----Characteristics--COSCO Hong Kong is a wholly owned subsidiary of COSCO Group and operates subsidiaries in Hong Kong and Macau and the enterprises invested on the Chinese mainland.----Structure--The main business aspects of COSCO Hong Kong include ship trading and supplying services, expressways, information technology, industries, freight services, property management, etc.----Management--COSCO Hong Kong's operations ride on the development strategy of COSCO Group. Through active development of the main business, market expansion and corporate governance reinforcement, COSCO Hong Kong has established a scientific management structure and has strengthened its investment and funds management. It has developed strong management systems, including information, decision making, implementation and monitoring systems.----Scope--COSCO International Holdings Ltd. is a Hong Kong listed company under COSCO Hong Kong. COSCO International's subsidiaries are principally engaged in the provision of shipping services, which include ship trading agency services, marine insurance brokerage services, supply of marine equipment and spare parts, production and sales of coatings products and trading and supply of marine fuel and related products. Other business operation is general trading. COSCO (H.K.) Industry & Trade Holdings Ltd. is an investment holdings company under COSCO Hong Kong and manages investment operations in the fields of information technology, expressways and industries both domestic and overseas. COSCO Network Limited, one of subsidiaries of COSCO (H.K.) Industry & Trade Holdings Ltd., is an important part of the IT unit of COSCO Group. It is striving hard to expand its business scope to high-tech product R&D, manufacturing, sale and services. The company specializes in expressway investment project management in China and also famous for its top ranked professional companies, which specialize in manufacturing of various container decals and one-stop manufacturer of both standard and custom aluminum extrusions. COSCO (HK) Property Development Ltd. is the property division of COSCO Hong Kong. The major letting of office space includes COSCO Tower in Hong Kong where the head office of COSCO Hong Kong is located. COSCO H.K. (Beijing) Investment Co., Ltd. is an investing company owned by COSCO Hong Kong. Its business scope covers property management, renting, letting of office space, hotel management, car rental services, etc.----COSCO Hong Kong has set up representative offices in Shenzhen, Shanghai and Beijing.
