The company was founded in 1992 with a registered capital of 1.308 billion yuan. It is a holding subsidiary of Ningbo Zhoushan Port Co., Ltd. The company became a wholly-owned subsidiary of Ningbo Zhoushan Port Co., Ltd. in December 2008, officially launched a spin-off listing plan in December 2020, completed the shareholding system reform in March 2021, successfully landed on the Shanghai main board on December 8, 2022, and became the first “A to break down A” listing company for domestic port and shipping companies. The company's main business is international, coastal and Yangtze River shipping business, shipping agency business, and dry bulk freight forwarding business. By the end of the reporting period, the company had added 2 59,000-ton self-owned bulk carriers, operating a total of 90 ships, with a total capacity of 1.29 million DWT/0.068 millionTEU, with a capacity increase of 18.95% year on year; in terms of load capacity, the capacity increased 8.18% year on year, ranking 5th in the capacity ranking of mainland China's container liner companies, ranking 29th in the world's top 100 container liner companies, all of which reached record highs for the company.