Business Relationship between COSCO Shipping and Hua Fu

Cosco Shipping and Hua Fu International Group are two independent companies with different business scopes.

Cosco Shipping is one of the largest shipowners in China, mainly engaged in shipping, port and logistics business. It has more than 500 ships and operates more than 65,438+000 ports and docks around the world.

Hua Fu International Group is a comprehensive enterprise group, involving real estate development, hotel management, trade logistics and other fields. Among them, in logistics, Hua Fu is mainly engaged in freight forwarding, warehousing and other services.

Although the businesses of the two companies are not directly related, because they are both active in the logistics industry and have a large scale, there may be opportunities for competition or cooperation in some fields.