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The ultimate parent company of COSCO Pacific is COSCO, the largest shipping enterprise in China and the second largest in the world.COSCO Pacific is the worldメs fourth largest container terminal operator and fourth largest container leasing company. We are also pursuing opportunities for expansion through investment in terminals overseas, in order to optimise our container terminal portfolio. Backed by our parent companyメs powerful shipping fleet, COSCO Pacific is focusing on the development of its terminals business and is progressively acquiring majority stakes in terminals. Strong support from our ultimate parent company and its affiliated subsidiaries has provided us with competitive advantages that have allowed us to steadily expand our two core businesses: terminals and container leasing, anagement and sale. The terminals business will continue to be our key growth driver.
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