East China Sea Marine Insurance Co. , Ltd. (hereinafter referred to as "East China Sea Insurance") was established in December 2015, headquartered in Ningbo, Zhejiang Province, co-sponsored by the People's property insurance company of China, Port of Ningbo-zhoushan, Shanghai International Port and Ningbo Development and investment group, it is the first Shipping Insurance Corporation in China and is a national, joint-stock and specialized state-owned insurance company. With the concept of "new finance, new enterprise and new culture" as its development philosophy and adhering to the core values of "sincerity, professionalism, science and technology, innovation and humanities" , Donghai insurance has continuously created value for employees, customers, shareholders and society, contribute to the real economy. Facing the future, Donghai Insurance will focus on the professional orientation of shipping insurance, integrate the domestic port and shipping insurance resources, and actively promote the innovation of shipping insurance products and business models. According to the company's Business Development Plan, Donghai Insurance will focus on customers and benefits, continuously strengthen its specialty, strengthen scientific and technological innovation, integrate internal and external resources, and strengthen risk management and control, adhere to the professional, international, intensive sustainable development of the road, and strive to become an international influence of shipping financial services brand.