COSCO SHIPPING International is pleased to announce that its 2016 annual report won four international awards in the 31st International ARC Awards Competition, i.e. two Gold awards in “Chairman’s Letter: Shipping Services” and “Financial Data: Shipping Services”, and two Silver awards in “Cover Photo/Design: Shipping Services” and “Interior Design: Shipping Services”. This fully demonstrated that the Company’s production of annual report has consistently maintained at the top level among the listed companies around the globe, and was highly acclaimed by the industry experts.

International ARC Awards is organised by MerComm, Inc. in the United States of America, It is a reputable international competition being named as “Oscar in Annual Report” by the financial media and the industry, and became the world’s largest competition of annual reports. The award is well known for openness, fairness and independence in the judging process, and has been widely recognised by the industry and the public.

COSCO SHIPPING International has always paid high attention on the information disclosure and overall design of annual report. Its 2016 annual report’s tagline was “Improve through Management Upgrading and Industrial Integration”. The cover page showcased the five key segments of the core shipping services with fine illustrations. The inner pages were designed with clear structure and the financial information was disclosed with full details. The Chairman’s Statement was succinct to enable the shareholders, investors and the public to understand the Company’s operating results over the past year, and its effort and achievements in governance, environment and social responsibility, etc. The Company’s unremitting efforts in the production of the annual report stood out of nearly 2,000 annual reports from thirty-three countries around the world.

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