COSCO SHIPPING Development Co., Ltd. (CITAF)
OTCMKTS · Delayed Price · Currency is USD
0.1400
-0.0133 (-8.68%)
Jul 18, 2025, 4:00 PM EDT

COSCO SHIPPING Development Company Description

COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally.

It operates through Container Manufacturing Business; Shipping Leasing and Container Leasing Business; and Investment Management Business segments.

The company offers dry cargo, refrigerated, and special containers, as well as container houses and after-sales services; integrated shipping, logistics, and industry finance services; and vessel chartering and financial leasing services, including container and dry bulk vessels.

It also manages, leases, and trades in containers. In addition, the company offers management, insurance brokerage, trading, property investment, and commercial factoring services.

Further, it is involved in investment management services for equity or debt investments. The company was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in December 2016.

COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the People’s Republic of China.

COSCO SHIPPING Development Co., Ltd.
COSCO SHIPPING Development logo
CountryChina
Founded1997
IndustryAerospace & Defense
SectorIndustrials
Employees15,669
CEOMingwen Zhang

Contact Details

Address:
No.5299 Binjiang Dadao
Shanghai, 200127
China
Phone86 21 6596 6105
Websitedevelopment.coscoshipping.com

Stock Details

Ticker SymbolCITAF
ExchangeOTCMKTS
Fiscal YearJanuary - December
Reporting CurrencyCNY
ISIN NumberCNE100000536
SIC Code3530

Key Executives

NamePosition
Mingwen Zhang C.F.A.Executive Chairman and GM
Haibing HuChief Accountant
Lei CaiBoard Secretary and Company Secretary
Zhen Yu CPADeputy General Manager
Haiying DuDeputy General Manager