COSCO International achieved a coating revenue of HK$671.1 million in the first half of the year, an increase of 1% year-on-year

The second is to optimize the asset structure.
To welcome the new round of reform of state-owned enterprises, the Group will strengthen the integration of existing business segments and gradually divest non-core businesses.
The Group will further integrate the general trading business that has failed to produce greater synergy with integrated shipping services in due course; for Xinfeng Company, which is engaged in the ship fuel supply business, the Group will continue to strictly control the operating risks and further shrink the risk business COSCO Kansai will straighten out the operation mode of the three factories in Shanghai, Tianjin, and Zhuhai, simplify management, and exert efficiency.
The Group will pay close attention to the reform trend of China's state-owned enterprises, strengthen communication and contact with large-scale state-owned enterprises in the same industry, and strive for business alliances.
At the same time, the Group will rely on its good internal integration capabilities to deeply promote the industrial transformation and upgrading of various business segments.
Through the use of modern technologies such as the Internet of Things and big data, the Group will provide solutions for energy efficiency management of ship operations, and actively reduce costs and increase costs for shipowners.
Efficiency and realize the transition from catering to the needs of shipowners to guiding the needs of shipowners.

The third is to expand the existing business industrial chain.
The introduction of the "Made in China 2025" strategic plan and the general trend of industrial transformation and upgrading provide an excellent opportunity for the expansion of the industrial chain of the Group's business segments.
The Group will further research and develop projects in the upstream and downstream areas of the industrial chain, coordinate development, and achieve economies of scale.

The fourth is to actively explore new business sectors.
The Group will actively seize the possible investment opportunities within and outside the COSCO Group, strive to expand new business segments, broaden the company's profit base, and drive the development of related businesses to achieve leapfrog development of the Group.

Looking forward to the future, the Group will continue to aim at maximizing the interests of the company’s shareholders.
With the help of the reform of China’s state-owned enterprises, the Group will promote the extension and expansion of products and services with a more open mind and a more diversified approach, which will begin to take shape.
The integrated shipping service platform has developed into an industry-specific public platform, and finally realized the goal of a one-stop shipping service provider.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )