SITC International Holdings Company Limited (SITIF)

1.7300 0.0000 (0.00%) At close: 02:07PM EDT

SITC International Holdings Company Limited

Shui On Centre
31st Floor 6-8 Harbour Road
Wan Chai
Hong Kong
852 2850 0302
https://www.sitc.com

Sector(s): Industrials
Industry: Marine Shipping
Full-time employees: 2,142

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xianxiang Yang	Executive Chairman of the Board	1.95M	N/A	1967
Mr. Ming Yuan Xue	CEO & Executive Director	1.03M	N/A	1974
Mr. Kecheng Liu	CFO, GM of Finance Center & Investment Centre and Executive Director	687k	N/A	1974
Mr. Zhi Yong Lai	Executive Director	658k	N/A	1973
Mr. Peng Xue	GM of Operations Management Center & Company Secretary	387k	N/A	1971
Mr. Hengwei Li	Assistant General Manager of IR	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

SITC International Holdings Company Limited, a shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates through two segments: Container Shipping and Logistics; and Dry Bulk and Others. The Container Shipping and Logistics segment offers container transportation, freight forwarding, shipping agency, and depot and warehousing services. The Dry Bulk and Others segment provides dry bulk vessel leasing, and land leasing and other services. As of December 31, 2023, the company operated a fleet of 103 vessels with a total capacity of 162, 851 TEU, including 97 self-owned vessels with a capacity of 155,713 TEU and 6 chartered vessels with a capacity of 7,138 TEU. It also offers vessel holding and chartering, technology support, container marine transportation, container maintenance, customs declaration, marine, shipping management, and multimodal transportation services, as well as engages in the land and building holding activities. The company was founded in 1991 and is headquartered in Wan Chai, Hong Kong. SITC International Holdings Company Limited operates as a subsidiary of Resourceful Link Management Limited.

Corporate governance

SITC International Holdings Company Limited’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 4; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.