On the evening of March 19, COSCO SHIP HOLD released its 2025 annual results, demonstrating industry-leading operational performance. In 2025, the company achieved operating revenue of 219.504 billion yuan, earnings before interest and tax (EBIT) of 45.013 billion yuan, net profit of 35.228 billion yuan, and net profit attributable to equity holders of 30.868 billion yuan. Notably, despite challenges such as weak freight rates and a declining market in the fourth quarter, the company still recorded a net profit attributable to equity holders of 3.799 billion yuan for that quarter, sustaining its profitable trend.

Throughout 2025, the company's core businesses demonstrated strong resilience. The container shipping business handled a cargo volume of 27.4345 million twenty-foot equivalent units (TEUs), a year-on-year increase of 5.76%. The self-operated container fleet reached 590 vessels with a capacity of approximately 3.6 million TEUs. The combined capacity of owned and long-term chartered vessels accounted for 75% of the total, firmly positioning the company in the industry's top tier. The terminal business segment achieved a total throughput of 153 million TEUs, an increase of 6.22% year-on-year. Throughput at controlled terminals reached 33.2469 million TEUs, up 1.81% year-on-year. The efficient synergy between the port and shipping businesses has solidly established a foundation for sustainable profitability.

During the reporting period, the company accelerated the depth of its global network layout and continued to capitalize on development opportunities in emerging markets. Freight volumes on several major routes maintained robust growth. While consolidating its advantages on Europe and US trunk routes, the company precisely seized opportunities arising from global industrial relocation and accelerated its presence in emerging markets. Leveraging the radiating effect of Yangpu Port in Hainan, flows from China to Southeast Asia and from Southeast Asia to Europe and America grew rapidly. The operation of Chancay Port in Peru is maturing, establishing a new "Three Trunks, Four Branches" Asia-Latin America land-sea channel. The stable operation of the Ocean Alliance, the successful acquisition of Laem Chabang Terminal in Thailand, the formal operation of Sokhna Port in Egypt, and the successive establishment of operational entities such as the Central Asia company have provided strong support for the company to better serve diverse markets. In 2025, freight volume on the Asia-Europe route increased by 6.07% year-on-year, routes within mainland China grew by 12.05%, and international routes to regions like Africa and Latin America increased by 7.83%, effectively hedging against risks from trade policy fluctuations.

Simultaneously, COSCO SHIP HOLD accelerated the upgrade of its end-to-end service capabilities, leading to steady growth in its supply chain revenue. The company adhered to an integrated "investment + construction + operation" approach for resource acquisition, fully committed to building comprehensive end-to-end service capabilities. Centered around its business system of "end-to-end products, sales, operations, and customer service," the company deeply integrated into industries such as automobiles, home appliances, and cross-border e-commerce, developing 12 customized industry solutions and launching specialized products like "One Container Through" and "One-Click Express Clearance." In 2025, the container shipping business segment achieved supply chain revenue, excluding ocean shipping, of 44.888 billion yuan, a year-on-year increase of 9.64%. The scale effect of its cargo-centric global digital supply chain business is accelerating.

Looking ahead, anchored in its positioning as a "global digital supply chain operation and investment platform centered on container shipping," and leveraging its worldwide shipping network and resilient end-to-end services, the company aims to hedge against regional market volatility with a more balanced global layout and empower customer supply chain upgrades with more efficient integrated services. COSCO SHIP HOLD will utilize the strong resilience of its high-quality development to open new opportunities amidst changes, providing high-quality services for global customers and creating long-term value for its shareholders.