cosco haikong should look at CCFI and CICFI freight index more, and basically BDI should not be looked at. We can look at the business of which section is included in the quarterly report of COSCO Haikong, and then we will know what index to look at.

knowledge expansion: according to some consulted data, BDI: Baltic Dry Index (abbreviated as BDI) is an economic indicator of the shipping industry, which includes the change of dry bulk trading volume of the shipping industry. CCFI: China's export container freight index, which contains comprehensive indicators of all freight rates from all ports in China. CICFI: China Import Container Freight Index, which contains comprehensive indicators of all freight rates from ports around the world to China.