普华永道——China shipping_Draft Report (MDD)_March 12.pptVIP

Project Shipping CSDC (formerly known as Shanghai Haixing Shipping Co., Ltd.) is the largest oil and coal carrier in China. Main scope of business Coastal, sea, ocean and Yangtze River cargo transportation Ship leasing Cargo forwarding and cargo transportation agency Purchase and sale of ships Container repair and construction, ship spare parts purchase and sale agency Consultancy and transfer of ship technology Market Position 70% market share in oil transportation market in the coastal area of China Around 30% market share in the coal transportation market Source check list A B C D Source: CSGC Homepage Internet Securities, Inc. As by year end of 2001, it operated 160 vessels with total deadweight of 4.21 million tons, covering the coastal area of China and international lines. Pursuant to the vessels management agreements and the joint operation agreements, CSDC presently manages and operates all oil tankers, dry bulk cargo vessels and container vessels owned by all subsidiaries of CSGC, and operates one of the largest fleets of oil tankers, dry bulk cargo carriers and container vessels in the Far East. Project Shipping CSGC and HKSCC NOMINEES LIMITED are two biggest shareholders of CSDC. Top 10 Shareholders: CSGC HKSCC NOMINEES LIMITED CHIK SAU KAM ** HSBC NOMINEES (HONG KONG) LIMITED A/C CHUK LING PANG) ** CHUNG KAN KWAN ** HSBC NOMINEES (HONG KONG) LIMITED WONG KAM TAI ** TSEUNG KA YIM ** HANG SENG (NOMINEE) LTD. With Shares: 1,680,000,000 1,242,198,299 2,400,000 2,054,000 1,550,000 1,200,000 706,000 680,000 560,000 512,000 Note: * In accordance with Information Memorandum of CSDC, the share-holding percentage of two biggest shareholders is as reported with ending date Dec 30 2001. From the latest report of credit company B, the percentage has been changed to CSGC-50.51%, HKSCC NOMINEES LIMITED-37.41% with ending date September 2002. ** Individual shareholder Percentage (%): 56.45 41.74 0.08 0.07 0.05 0.04 0.02 0.02 0.02 0.02 98.19 * Source che