The shipping service segment is operated by Oceanfavor Shipping Service (Shanghai) Co., Ltd. (hereinafter referred to as Oceanfavor Shipping Service). The shipping service segment currently has 18 member companies and more than 180 dedicated shipping professionals. The business covers all major ports across the country, including Hong Kong, as well as foreign ports such as Singapore and Mumbai. Additionally, business entities have been established in international locations including Geneva, Athens and Dubai. In 2022, Oceanfavor Shipping Service, which is the largest private shipping service enterprise in China, handled more than 6,000 port calls.