Core Viewpoint - China Shipping International (00517) has seen a nearly 3% increase in stock price, currently at 6.35 HKD, with a trading volume of 13.97 million HKD, following the announcement of winning a significant project in Guinea [1] Group 1: Project Details - China COSCO Shipping Bulk has successfully won the bid for the SIMFER transshipment vessel management segment for the Simandou project in Guinea, which includes the management of five state-of-the-art transshipment vessels [1] - The project is a critical component of the logistics chain for iron ore exports from Simandou, focusing on technical and crew management, on-site operations, and local team training [1] Group 2: Strategic Importance - The successful bid reflects the company's commitment to the "Belt and Road" initiative and represents a significant achievement in securing important mineral resource logistics [1] - This project marks a new starting point for enhancing the safety and security of the iron ore supply chain and deepening the company's presence in Africa [1]