The first day of public offering of CSCL: heavy and active trading

( June 16th, 2004-Hong Kong) The No.10 global Container shipping corporation- China Shipping Container Liners Co., Ltd. (CSCL, stock code: 2866) has been successfully listed on the Mainboard of Hong Kong Stock Exchange (SEHK).
The first trading day of CSCL has witnessed heavy trading with 662,096,256 shares and total turnover of 2.036 billion HK$. It was the most active Hong Kong share today.
Li Kelin, Chairman of CSCL, said: We are satisfied with the active trading of the first day of listing. There were many investors voted confidently for the development strategy and perspective in the listing process. In the future, CSCL will benefit from the strong momentum of global trading, and the enormous demands for container shipping of China market. With more new ships are put into services, CSCL will serve our clients with newer and more efficient ships.
More than 50 overseas journalists have attended the grand listing ceremony of CSCL today. Mr. Shun Deji, Member of the Listing Committee, and Zhang Huiming, Vice- Secretary General of Shanghai municipal government have both congratulated to Mr. Li Kelin, Chairman of CSCL. And the scene is magnificent. Tung Chee-hwa , Chief Executive of Hong Kong Speical Administration Zone, has sent greetings to Mr. Li as soon as he learned the successful listing of CSCL. All these show that the market is concerned about CSCL.
To express his thanks, Mr. Li Kelin, presented a ship model of 5,600 TEU New Pudong of CSCL to Mr. Sheng Shanxiang, the Executive Director and manager of Settlement Department. Most medias appreciated the special arrangement of CSCL, and have taken the chance to shot the symbolic moment.
The successful listing of CSCL is a milestone for the Group. We are confident of becoming the Top 3 and most profitable shipping companies in the world. In the long run, we will bring attractive return to shareholders and investors.