About Nanjing Shenghang Shipping Co, Company

The company was founded on November 7, 1994, and is a company listed on the main board of the Shenzhen Stock Exchange, mainly engaged in domestic coastal, middle and lower reaches of the Yangtze River, and international oil tankers and chemical vessels. The company is mainly engaged in domestic coastal, middle and lower reaches of the Yangtze River and international water transportation of liquid chemicals and refined oil products. The types of chemicals carried include xylene, mixed xylene, pure benzene, toluene, o-xylene, acrylonitrile, styrene, methanol, ethylene glycol, phenol, concentrated sulfuric acid, etc., covering the vast majority of liquid chemicals with transportation needs in the market. The company has received honors such as “Enterprise Credit Rating AAA Credit Enterprise”, “2021 Advanced Safety Management Enterprise in China's Hazardous Chemical Logistics Industry”, “2021-2022 China's Top 100 Water Transport Service Companies” and the “China Chemical Logistics Industry Gold Pot Award and Safety Management Award” from the China Federation of Logistics and Purchasing. The company was rated as a “Safety and Integrity Class A Company” by the Jiangsu Maritime Administration, and several of the company's ships were awarded honors such as “Safe and Honest Ship”, “2023 AAA Credit Rating” waterway transport operator, and “2023 Advanced Production Safety Enterprise” by the Maritime Administration of the People's Republic of China. By the end of 2023, the company controlled a total of 40 domestic and foreign trade vessels (including the purchase of 3 ships undergoing handover and transformation from Fenghai Shipping but not yet in operation), with a total capacity of 298,800 DWT, including 29 domestic trade chemical tankers with a total capacity of 181,100 DWT; 6 refined oil tankers with a total capacity of 581,000 DWT; and 5 foreign trade chemical vessels with a total capacity of 59,600 DWT. The company also has 4 ships under construction, with a total capacity of 21,400 DWT.