COSCO SHIPPING Logistics is a leading international integrated logistics enterprise with shipping logistics as its core, and it provides modernized and professional whole-process logistics and supply chain solutions for customers home and abroad. In November 2022, the Company together with its funds participated its capital increase and held 10% shares in total. The equity investment will significantly enhance the strategic synergy effects between CEAIR and COSCO, and help the two sides further develop cooperation and explore new business in the logistics industry.