There is no specific data on the reasonable share price of 1 and COSCO Shipping (stock code 600428), and every stockholder will have his expectations in his mind, which varies from person to person.

2. COSCO Shipping Co., Ltd. (hereinafter referred to as "the Company") was established on February 8, 1999. It is a joint stock limited company jointly funded by Guangzhou Ocean Shipping Company (hereinafter referred to as "Guangyuan Company"), Guangzhou Economic and Technological Development Zone Guangyuan Shipping Service Company, China Guangzhou Ocean Shipping Agency Company, Shenzhen Ocean Shipping Co., Ltd. and Guangzhou COSCO International Freight Co., Ltd.