COSCO SHIPPING Development Co., Ltd. (CITAY) Research

COSCO SHIPPING Development Co., Ltd. (CSD), together with its affiliated entities, primarily specializes in vessel chartering and the leasing of containers. Its operations are structured around three key segments: Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services. Within these divisions, the company is actively involved in the production and sale of containers. Furthermore, it delivers a range of financial offerings, including operating leases, equity or debt investment services, and insurance brokerage. CSD also extends financial leasing solutions across diverse sectors such as healthcare, education, energy, construction, and industrial communication. As of December 31, 2021, its fleet comprised 74 container ships. Established in 1997, the company, headquartered in Shanghai, People's Republic of China, previously operated as China Shipping Container Lines Company Limited before rebranding to its current name in December 2016.

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