15 to 16 February 2023 - Wang Yongxin, President of China Merchants Energy Shipping Co., Ltd. (CMES SHIPPING), inspected Shanghai Ming Wah and Sinotrans Container Lines Co., Ltd (Sinolines).

He first went to Shanghai Ming Wah. While recognizing the company's achievements in 2022, he raised the following requirements: First, the company should adequately conduct market assessments and surveys and balance between business risks and economic returns. Second, it should keep improving the readability, analysis, and management of financial data to strengthen corporate quality and efficiency. Third, Shanghai Ming Wah is expected to actively align with advanced peers in bulk and general cargo shipping at home and abroad, enhance exchanges, constantly propose innovative management ideas, and reinforce management.

When inspecting Sinolines, Wang Yongxin deemed that Sinolines' ship and shore staff had seized market opportunities and made outstanding achievements. Meanwhile, he raised the following requirements regarding Sinolines' business management: First, the company should hold the bottom line, adhere to integrity and innovation, and perform production and operations steadily. Second, it should gain a thorough understanding of the values and connotations of strategies of CMG and itself and achieve good efficiency on a solid basis. Third, Sinolines is expected to strengthen its continuous profitability and integrate its own development into the overall development of CMG. Fourth, it needs to exert more efforts for market surveys to grasp market conditions and laws.

During the visit, Wang Yongxin went to the office area to extend greetings to shore staff, and encouraged them to keep up the good work and create better achievements.