No, the chairman of Ocean Shipping Group is Li Ming, and Ocean Shipping Jun is not Li Ming's son. Their surnames are different. Li Ming is from Hubei and Yuanyang Jun is from Jiangsu. The two are in different places, so the son of the chairman of COSCO Group is not Ocean King. Ocean Shipping Group Holdings Limited was established in 1993 and listed on the main board of The Stock Exchange of Hong Kong Limited on September 28th, 2007. Its main shareholders are China Life Insurance Company Limited and Renren Life Insurance Company Limited.