Zhitong Finance App News, COSCO Haineng (01138.HK) announced that COSCO SHIPPING Energy Transportation Co., Ltd. (hereinafter referred to as “the Company”, the “Company”) increased its wholly-owned subsidiary Shanghai COSCO Shipping LNG Investment Co., Ltd. (hereinafter referred to as “Shanghai LNG”) by 1.7 billion yuan in cash (hereinafter referred to as “this capital increase”). The funding source is the company's own capital to optimize Shanghai's LNG capital structure, build a green, low-carbon, and collaborative industrial chain professional transportation capacity to further enhance market competitiveness.

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