Chongqing Hong Kong and Kowloon integrated regiona

（www.cargofee.com）New broadcast：

 Among the assets to be acquired, the orchard company and the company are engaged in logistics, freight, warehousing and other services in the port area. The current operation areas are located in Orchard Port and Danang Port, respectively, which are hub-type ports built by Chongqing. After the completion of the acquisition, Chongqing Hong Kong and Kowloon will further expand its main business scale.

According to the data, the three companies that Chongqing Hong Kong and Kowloon intend to acquire are all holdings or shareholding companies of the major shareholder Hong Kong Logistics Group. Among them, from the perspective of ownership structure, Port Logistics Group and SDIC Traffic hold 49% and 51% of the shares of Orchard, respectively, and Chongqing Gangjiu and Port Logistics Group hold 50.18% and 49.82% of the shares respectively.

The orchard company is responsible for the construction and operation of the orchard port bulk cargo terminal operation area and railway special line. According to the official website of the National Development and Investment Group Co., Ltd., the total investment of the project is 5 billion yuan, and the construction scale of the terminal operation area is 5,000 tons. There are 5 bulk berths, 2 groceries for groceries (common goods that can be measured by piece), and a design annual passing capacity of more than 20 million tons.

In fact, Chongqing Hong Kong and Kowloon's logistics and freight transportation business in the orchard port has been laid out for many years. In 2009, the Port Logistics Group made a commitment to resolve the competition in the same industry, and transferred the operating assets of the Orchard Port and Jiangbei Port and Port Branch to Chongqing Hong Kong and Kowloon, and the Jiangbei Port and Port Branch to Chongqing Orchard Lot Bulk Terminal Co., Ltd., 51% of which The equity continues to be hosted by Chongqing Hong Kong and Kowloon. In addition, Chongqing Gangjiu acquired a 65% stake in Chongqing Orchard Container Terminal Company held by major shareholders in November 2014, which improved container handling capacity and comprehensive throughput capacity.

                                                                                         If you need know more about latest logistics ,please click www.cargofee.com .

                                                                                                                                                      Reported by Miss Vicky from Cargofee