Shandong Port Shipping Lianfa Shipping Co., Ltd. was established on November 15, 2022, by Shandong Port Shipping Group and Shanghai Fengsheng Sea Shipping (a subsidiary of the new SITC system) holding establishment, with a registered capital of 100 million yuan, registered in Qingdao City, Shandong Province, the company is mainly based on China's coastal bulk cargo transportation market, operating irregular bulk cargo ship transportation, providing customers with cargo transportation services with market capacity, serving the free circulation of bulk production factors across regions, minimizing customer transportation costs, and enhancing the value of supply chain products. Help the construction of water transport logistics system and promote the development of domestic large-scale circulation pattern.

The shareholders of HKAI Lianfa have outstanding advantages and strong complementarity. Shareholder Fang Shipping Group is an international shipping company under Shandong Port Group, the company was registered and established in Qingdao, Shandong Province in March 2020, with a registered capital of 300 million yuan, the shipping group is based on a new platform for the integrated reform and development of Shandong port, integrates port shipping resources in the province, and creates a comprehensive shipping enterprise based on container, dry bulk cargo and passenger container transportation. The shareholders and the two sides jointly export resource advantages for Hong Kong and Shipping Lianfa to carry out irregular ship bulk cargo transportation, follow the market demand, cargo off-peak season and flow characteristics for ship scheduling and cargo adjustment, the main cargo structure includes grain, coal, steel, return transportation cargo structure includes PTA, sand and gravel, etc., so that ship scheduling is easier to adapt to market demand, reduce customer logistics costs, save time and costs, improve cargo circulation speed, and improve customer satisfaction.