Recently, Qingdao Port (“Qingdao Port”, stock code: 601298.SH) was listed on the Shanghai Stock Exchange. The initial public offering was priced at 4.61 yuan per share, with total proceeds raised of 2.095. BOCI’s subsidiary, BOC International (China), acted as Joint Lead Underwriter in this transaction. What is noteworthy is that it is BOCI that in 2014 helped the company successfully listed on the Hong Kong Stock Exchange as Joint Sponsor, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager (stock code: 6198.HK).

Qingdao Port is the primary operator of the Port of Qingdao, the operations of the Dagang Port Area, the Qianwan Port Area, the Huangdao Oil Port Area and the Dongjiakou Port Area. Qingdao Port ranked first in the world in terms of stevedoring efficiency for container and the single-machine unloading rate for iron ores.