INTERIM REPORT

2021

Contents

Page

2 Company Profile

  1. Financial Summary
  2. Management Discussion and Analysis

24 Directors, Supervisors and Senior Management

26 Other Information

Unaudited Interim Financial Information

41 Unaudited Condensed Consolidated Interim Balance Sheet

  1. Unaudited Condensed Consolidated Interim Income Statement
  2. Unaudited Condensed Consolidated Interim Statement of Comprehensive Income
  3. Unaudited Condensed Consolidated Interim Statement of Changes in Equity
  1. Unaudited Condensed Consolidated Interim Cash Flows Statement
  2. Notes to the Unaudited Condensed Consolidated Interim Financial Information 84 Report on Review of Interim Financial Information

COSCO SHIPPING Holdings Co., Ltd. Interim Report 2021

Company Profile

I. The Company's Information

Chinese name

中遠海運控股股份有限公司

Abbreviation of Chinese name

中遠海控

English name

COSCO SHIPPING Holdings Co., Ltd.

(the "Company" or "COSCO SHIPPING Holdings")

Abbreviation of English name

COSCO SHIP HOLD

Legal representative

XU Lirong

Registered address

2nd Floor, 12 Yuanhang Business Centre, Central Boulevard and East Seven Road

Junction, Tianjin Pilot Free Trade Zone (Airport Economic Area), Tianjin, the PRC.

Postal code of registered address

300461

Place of business

8/F, No. 658 Dong Da Ming Road, Shanghai, the PRC

Postal code of place of business

200080

Website

http://hold.coscoshipping.com

Email

investor@coscoshipping.com

Place of business in Hong Kong

48/F, COSCO Tower, 183 Queen's Road Central, Hong Kong

II. Profile of the Company's Shares

Profile of the Company's shares (the "Shares")

Stock short name

Class of Shares

Place of listing

Stock short name

Stock code

before change

A Shares

Shanghai Stock Exchange

COSCO SHIP HOLD

601919

China COSCO

H Shares

The Stock Exchange of

COSCO SHIP HOLD

01919

China COSCO

Hong Kong Limited

(the "Stock Exchange")

Designated newspapers for disclosure of

Shanghai Securities News, China Securities Journal,

the Company's information

Securities Times, Securities Daily

Website designated by the China Securities Regulatory

www.sse.com.cn

Commission (the "CSRC") for publishing interim report

Place for inspection of the Company's interim report

8/F, No. 658 Dong Da Ming Road, Shanghai, the PRC

2

Company Profile

III. Contact Persons and Methods

Secretary to Board of Directors

Representatives of securities affairs

Name

GUO Huawei

ZHANG Yueming

Contact address

8/F, No. 658 Dong Da Ming Road,

8/F, No. 658 Dong Da Ming Road,

Shanghai, the People's Republic

Shanghai, the PRC

of China (the "PRC")

Telephone

(8621) 60298619

(8621) 60298619

Facsimile

(8621) 60298618

(8621) 60298618

E-mail

guo.huawei@coscoshipping.com

zhang.yueming@coscoshipping.com

IV. Other Relevant Information

Domestic auditor engaged

Name

by the Company

Office address

Signing accountants

International auditor engaged

Name

by the Company

Office address

Signing accountant

Other information of the Company:

Legal advisers as to

Name

Hong Kong law

Office address

Legal advisers as to PRC law

Name

Office address

Domestic A Share registrar

Name

and transfer office

Office address

Hong Kong H Share registrar

Name

and transfer office

Office address

Principal bankers

Name

ShineWing Certified Public Accountants, LLP

8/F, Block A, Fu Hua Mansion, No.8 Chao Yang Men Beidajie, Dong Cheng District, Beijing

Wang Hui and Zhang Min

PricewaterhouseCoopers

Certified Public Accountants

Registered Public Interest Entity Auditor

22nd Floor, Prince's Building, Central, Hong Kong Meng Jiangfeng

Paul Hastings

22/F, Bank of China Tower, 1 Garden Road, Hong Kong

Commerce and Finance Law Offices

6th Floor, NCI Tower, A12 Jianguomenwai Avenue, Beijing

China Securities Depository and Clearing Corporation Limited, Shanghai Branch

36th Floor, China Insurance Building, 166 Lujiazui Road East, Pudong New District, Shanghai

Computershare Hong Kong Investor Services Limited

17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong

Bank of China, Agricultural Bank of China, China Merchants Bank, etc.

2021 Report Interim .Ltd ,.Co Holdings SHIPPING COSCO

3

Financial Summary

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 (THE "REPORTING PERIOD") PREPARED UNDER THE HONG KONG FINANCIAL REPORTING STANDARDS

Results Highlights:

Six months ended 30 June

2021

2020

Difference

RMB'000

RMB'000

RMB'000

Revenues

139,264,347

74,052,930

65,211,417

Profit attributable to equity holders of the Company

37,097,843

1,137,164

35,960,679

RMB

RMB

RMB

Basic earnings per Share Note

2.33

0.07

2.26

Note:

The Company implemented the 2020 Capitalization Issue of 3 Shares for every 10 Shares by converting reserve to share capital in July 2021 ("Capitalization Issue"). Based on the total 12,315,998,889 Shares before the implementation of the plan, all Shareholders ("Shareholders") were allotted 3 Shares for every 10 Shares. After the completion of the Capitalization Issue, the total number of Shares increased to 16,010,798,556. In the calculation of earnings per Share, the weighted average number of Shares for the period of six months ended 30 June 2021 and the six months ended 30 June 2020 were calculated based on the total Shares after the Capitalization Issue in accordance with HKAS 33 "Earnings per Share". Please refer to note 16 to the unaudited condensed consolidated interim financial information of the Group of this report.

COSCO SHIPPING Holdings Co., Ltd. Interim Report 2021

4

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COSCO Shipping Holdings Company Limited published this content on 20 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2021 11:11:05 UTC.