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What subsidiaries does China Ocean Shipping Co., Ltd. include?

Zhongyuan investment co., ltd

Cosco container transportation Japan co., ltd

| Qingdao Ocean Investment Development Co., Ltd. |

Zhongyuan container shipping agent co., ltd

Zhongyuan bulk cargo transportation co., ltd

COSCO (Cayman) Mercury Company,

limited company

COSCO Bulk Holdings (Cayman) Co., Ltd.

Cosco container transportation USA company

Hua Fu freight service co., ltd

Shanghai Zhongyuan Container Integrated Development Co., Ltd.

| Division |

Cosco container transportation Europe co., ltd

Shanghai Zhongyuan logistics distribution co., ltd

Yuancheng shipping co., ltd

Han Jing Shipping Co., Ltd.

Cosco Container Transportation (Hong Kong) Co., Ltd.

Zhongyuan container transport co., ltd

COSCO Pacific Investment Holdings Limited |

| Qingdao Zhongyuan Logistics Storage and Distribution Co., Ltd.

Cosco Brazil (New) |

Jinjing Investment Co., Ltd. |

Cosco Panama company

Cosco Logistics (Hong Kong) Limited

Shanghai Pan Asia Shipping Co., Ltd.

Zhongyuan international freight service co., ltd

| Shanghai COSCO Container Transport Document Service Department has |

limited company

| Qingdao Ocean Shipping Foreign Labor Service Cooperation Co., Ltd.

China Ocean Shipping Agency Co., Ltd.

South China Zhongyuan international freight service co., ltd

Tianjin ocean shipping co., ltd.

Zhongyuan container agent co., ltd

| Five Star Shipping Agency Co., Ltd. |

| Qingdao Ocean Shipping Co., Ltd. |

Cosco international air freight agent co., ltd

| Guangzhou COSCO Logistics Heavy Parts Transportation Co., Ltd. |

| Division |

China ocean transportation logistics co., ltd

Zhongyuan Wharf (Nansha) Co., Ltd.

| Zhenjiang Yuangang Logistics Co., Ltd.

Shanghai Zhongyuan information technology co., ltd

| Harbin Zhongyuan Hafei Logistics Co., Ltd.

Yuan zhong hai yun holding co., ltd

China Wuhu Ocean Shipping Agency Co., Ltd.

Tianjin Yuan Hua shipping co., ltd

Tianjin Binhai cosco container logistics co., ltd.

| Division |

| Tianyuan Savills Property Co., Ltd. |

| Division |

COSCO Logistics (Europe) Co., Ltd.

Zhongyuan Datang shipping co., ltd

| Dalian Jinmen Logistics Co., Ltd. |

Beijing Zhongyuan automobile logistics co., ltd

| Dalian Export Processing Zone Jinchang Logistics Co., Ltd. |

| Division |

Changzhou ocean shipping agency co., ltd.

| Nantong Xinlun International Storage and Transportation Co., Ltd. |

China Ocean Shipping (Group) Company

Cosco Australia Charter Company Limited |

Tianjin ocean shipping international freight forwarding co., ltd.

Penglai ocean shipping agency co., ltd.

Sino-American company

| Xiamen Yuanda Freight Co., Ltd.

Shanghai penghua shipping co., ltd

Cosco Pacific Limited |

Cosco Europe Bulk Company

Cosco development shipping co., ltd

Tianjin Port Eurasia International Container Terminal Co., Ltd.

Company |

| Nanjing Port Longtan Container Co., Ltd. |

China International Shipping Container (Group) Stock

limited company

Suez Canal Container Terminal

|l |

Shanghai CIMC refrigerator co., ltd

Joyce Transport Co., Ltd.

Zhongyuan Newman company

China Yantai Ocean Shipping Agency Co., Ltd.

France cosco group

Cosco shipping co., ltd

Dalian bus terminal co., ltd

Cosco Belgium Shipping Co., Ltd.

|ed |

Xiamen Yuanhai Container Terminal Co., Ltd.

COSCO Netherlands Shipping Co., Ltd. |

| Limited |

Shanghai jihai shipping co., ltd. . . Too many. . .