-Form a team. Chen Zhongbiao personally established China Ocean Shipping Group (hereinafter referred to as COSCO Group) on February 6, 1993. With China Ocean Shipping (Group) Corporation as its core and international shipping as its main business, it is a multinational, trans-regional and cross-industry large enterprise group integrating shipping agency, ship fuel supply, road freight, air transportation, wharf, warehousing, finance, real estate, tourism, trade, labor export and industry. The establishment of the Group has expanded the popularity of COSCO at home and abroad, enhanced the cohesion of the Group, paid close attention to the work style construction of leading cadres of all units, overseas cadres and the Group headquarters, invigorated the spirit, and made COSCO show itself to the world with a brand-new look and style.
-Diversified management. Chen Zhongbiao paved the way and laid the foundation for diversification. He put forward the slogan of going to heaven, going to sea and going ashore, and the strategic policy that the onshore profit should account for 40% of the group's total profit. While doing a good job in shipping, we have set up international trading companies, finance companies, foreign labor cooperation companies, industrial companies, human resources development companies, tourism companies and real estate development departments, and actively participated in the investment and development of coastal industries such as docks, industry, real estate, finance, insurance, trade and tourism, further strengthening the strength of the group. COSCO Group has established powerful regional companies in major domestic ports such as Guangzhou, Shanghai, Tianjin, Qingdao, Dalian, Shenzhen and Xiamen, and owns and operates nearly 600 modern merchant ships, including container ships, general cargo ships, timber ships, passenger and cargo ships, bulk carriers and oil tankers, with a deadweight tonnage of 6,543,807 tons. COSCO's bulk cargo fleet ranks first in the world, and COSCO's container fleet ranks fourth in the world. Cosco's routes cover more than 1200 ports in many countries and regions around the world, providing global shipping services for the global industry and trade circles. COSCO Group has hundreds of member enterprises at home and abroad, including more than 0/00 overseas institutions and more than 4,000 overseas employees. It has basically formed an overseas shipping business network centered on Beijing, supported by China, and radiating from eight regions including Hong Kong, Japan, Singapore, the United States, Europe, Australia, South Africa and West Asia, and has become one of the largest shipping companies in China and the world.
-Reform the fleet management system. Chen Zhongbiao has the courage to explore, actively reform the fleet management system, straighten out the overseas management system, and promote scale operation. COSCO Container Transportation Co., Ltd., COSCO Bulk Transportation Co., Ltd. and COSCO International Freight Co., Ltd. were established. The overseas management system has also been reformed, and an overseas business network centered on eight regional companies including Hong Kong, the United States, Europe, Japan, Singapore, Australia, South Africa and West Asia has been established. China Cargo Airlines Co., Ltd. was established as a joint venture with China Eastern Airlines, and was officially launched in August 1998, achieving the goal of heaven.
Since the establishment of 1993 Group, COSCO's main shipping industry has made great progress and its onshore industry has been further developed. Its business involves many industries and has developed into another important pillar of COSCO Group. In Guangzhou, Nantong, Dalian and other places, COSCO Group has a strong ship and container repair base; In Beijing, Shanghai, Tianjin, Qingdao, Dalian and other places, COSCO Group has built several ocean-going buildings; In Hong Kong and Singapore, subsidiaries of COSCO Group issued listed shares; In various ports and freight yard distribution centers around the world, ships and containers printed with the word COSCO are busy working ... COSCO Group is striving to make greater contributions to world trade and the prosperity of the world economy.