Mr. Zhang, aged 56, is currently an executive Director, the deputy general manager,deputy secretary of the party committee of the Company, a director, the general manager and deputy party secretary of COSCO SHIPPING Lines Co., Ltd., the chairman and party secretary of Shanghai PANASIA Shipping Co., Ltd., a director of COSCO SHIPPING Ports Limited and a director of certain subsidiaries of the Company. Mr. Zhang started his career in 1987 and served successively as the third officer (三副) and second officer (二副) of Guangzhou Ocean Shipping Company Limited (廣州遠洋運輸 公司), the deputy manager of European services of Container Shipping Division II, the business manager of Customer Service Division of Marketing Department, the assistant to the chief and the deputy chief of Global Sales Division of Marketing Department of COSCO Container Lines Co., Ltd. (中 遠集裝箱運輸有限公司), the deputy general manager of AsiaPacific trade area, the deputy general manager of European trade area, the deputy general manager of Business Process & System Division of COSCO Container Lines Co., Ltd. (中遠 集裝箱運輸有限公司), the deputy general manager of Florens Container Services Company Limited (佛羅倫貨箱服務有限公 司), the executive vice president of Piraeus Container Terminal S.A. (比雷埃夫斯集裝箱碼頭有限公司), the deputy general manager (in charge) and the general manager of Operating Management Division of China COSCO SHIPPING Corporation Limited (中國遠洋海運集團有限公司), the deputy general manager and a member of the party committee of COSCO SHIPPING Lines Co., Ltd., etc. Mr. Zhang has more than 30 years of experience in the shipping industry and has extensive experience in container shipping marketing management, port management and operation. Mr. Zhang holds a Master’s degree in business administration from Shanghai Maritime University and is an engineer.