Feng Hai Lu

China Merchants Steam Navigation Co., Ltd. engages in the operation of passenger and cargo transportation. Its business activities include investment and management of barge transportation business; ship and offshore oil drilling equipment repair, construction, and trading; sale of transportation equipment, spare parts, and materials; water and land structure constructions; and investment in financial, insurance, trust, securities, and futures industries. The company was founded on February 22, 1992 and is headquartered in Beijing, China.

Kuang Ming Shipping Corp. engages in the cargo handling and logistics activities. It offers bulk cargo transportation services and ship leasing business. It focuses on the bulk shipment of iron ore, coal, steel, grain, fertilizer and industrial raw materials. The company was founded on May 1, 1990 and is headquartered in Taipei, Taiwan.