Mr. Chen, aged 48, is currently the deputy general manager of the Company, deputy general manager of COSCO SHIPPING Lines Co., Ltd., a director of Shanghai PANASIA Shipping Co., Ltd. (上海泛亞航運有限公司) and a director and a member of the executive committee of Orient Overseas Container Line Limited and a director of several subsidiaries of the Company. Mr. Chen joined the Group in July 1995, had served in various capacities, including the assistant to manager and the deputy manager of container shipping division I of China Shipping Container Lines Co., Ltd., the assistant to general manager of China Shipping Container Lines (Hong Kong) Co., Ltd., the general manager of America division of China Shipping Container Lines Co., Ltd., and the assistant to general manager and deputy general manager of China Shipping Container Lines Co., Ltd. Mr. Chen graduated from Shanghai Maritime Academy with major in marine engineering management.