COSCO SHIPPING Development : Financial StatementsESG Information - INTERIM REPORT 2021

INTERIM REPORT 2021

SHIPPING FINANCIAL SERVICE PLATFORM

Contents

2 Corporate Information

1. Financial Highlights (Under HKFRSs)
2. Management Discussion and Analysis

23

Review Report on Interim Condensed   Consolidated Financial Information

1. Interim Condensed Consolidated Statement of
2. • Profit or Loss
3. Interim Condensed Consolidated Statement of
4. • Comprehensive Income
5. Interim Condensed Consolidated Statement of
6. • Financial Position

29 Interim Condensed Consolidated Statement of   Changes in Equity

31 Interim Condensed Consolidated Statement of   Cash Flows

33 Notes to the Interim Condensed Consolidated   Financial Information

CORPORATE INFORMATION

DIRECTORS

EXECUTIVE DIRECTORS

Mr. Wang Daxiong (Chairman)

Mr. Liu Chong

Mr. Xu Hui

NON-EXECUTIVE DIRECTORS

Mr. Huang Jian

Mr. Liang Yanfeng

Mr. Ip Sing Chi

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr. Cai Hongping

Mr. Lu Jianzhong

Ms. Zhang Weihua

Mr. Shao Ruiqing

SUPERVISORS

Mr. Ye Hongjun (Chairman)

Ms. Zhu Mei

Mr. Zhao Xiaobo

EXECUTIVE COMMITTEE

Mr. Wang Daxiong (Chairman)

Mr. Liu Chong

Mr. Xu Hui

INVESTMENT STRATEGY COMMITTEE

Mr. Wang Daxiong (Chairman)

Mr. Liu Chong

Mr. Huang Jian

Mr. Liang Yanfeng

Mr. Ip Sing Chi

Mr. Cai Hongping

Mr. Shao Ruiqing

RISK CONTROL COMMITTEE

Ms. Zhang Weihua (Chairman)

Mr. Cai Hongping

Mr. Lu Jianzhong

AUDIT COMMITTEE

Mr. Lu Jianzhong (Chairman)

Mr. Cai Hongping

Mr. Huang Jian

REMUNERATION COMMITTEE

Mr. Cai Hongping (Chairman)

Ms. Zhang Weihua

Mr. Shao Ruiqing

NOMINATION COMMITTEE

Mr. Shao Ruiqing (Chairman)

Mr. Wang Daxiong

Mr. Cai Hongping

CHIEF ACCOUNTANT

Mr. Lin Feng

JOINT COMPANY SECRETARIES

Mr. Cai Lei

Ms. Ng Sau Mei

AUTHORISED REPRESENTATIVES

Mr. Wang Daxiong

Mr. Cai Lei

LEGAL ADDRESS IN THE PRC

Room A-538, International Trade Center

China (Shanghai) Pilot Free Trade Zone

Shanghai

The PRC

2 COSCO SHIPPING DEVELOPMENT CO., LTD.

PRINCIPAL PLACE OF BUSINESS IN THE PRC

5299 Binjiang Dadao

Pudong New Area

Shanghai

The PRC

PRINCIPAL PLACE OF BUSINESS IN HONG KONG

50/F, COSCO Tower

183 Queen's Road Central

Hong Kong

INTERNATIONAL AUDITOR

Ernst & Young

DOMESTIC AUDITOR

ShineWing Certified Public Accountants LLP

LEGAL ADVISERS

Paul Hastings (As to Hong Kong law)

Grandall Law Firm (As to PRC law)

HONG KONG H SHARE REGISTRAR

AND TRANSFER OFFICE

Computershare Hong Kong Investor Services Limited

17th Floor, Hopewell Centre

183 Queen's Road East

Hong Kong

PRINCIPAL BANKERS

Bank of China

Industrial and Commerce Bank of China

China Development Bank

Agricultural Bank of China

China Merchants Bank

The Export-Import Bank of China

ING Bank N.V.

Bank of Communications

Shanghai Pudong Development Bank

China Construction Bank

TELEPHONE NUMBER

86 (21) 6596 6105

FAX NUMBER

86 (21) 6596 6813

COMPANY WEBSITE

http://development.coscoshipping.com

H SHARE LISTING PLACE

Main Board of The Stock Exchange of Hong Kong

Limited (the "Hong Kong Stock Exchange")

LISTING DATE

16 June 2004

NUMBER OF H SHARES IN ISSUE

3,676,000,000 H Shares

BOARD LOT (H SHARES)

1,000 Shares

HONG KONG STOCK EXCHANGE STOCK CODE

02866

A SHARE LISTING PLACE

Shanghai Stock Exchange

LISTING DATE

12 December 2007

NUMBER OF A SHARES IN ISSUE

7,932,125,000 A Shares

BOARD LOT (A SHARES)

100 Shares

SHANGHAI STOCK EXCHANGE STOCK CODE

601866

• The Company is a registered non-Hong Kong company as defined in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and it is registered under its Chinese name and under the English name "COSCO SHIPPING Development Co., Ltd."

INTERIM REPORT 2021

3

FINANCIAL HIGHLIGHTS (UNDER HKFRSs)

• Revenue amounted to RMB12,919,177,000
• Profit attributable to owners of the parent for the six months ended 30 June 2021 (or the "Period") amounted to RMB2,420,306,000
• Basic earnings per share amounted to RMB0.1980

4 COSCO SHIPPING DEVELOPMENT CO., LTD.