On September 25, 2020,ZhongGu Logistics was successfully listed on the main board of Shanghai Stock Exchange.
ZhongGu Logistics is mainly engaged in container logistics industry of domestic trade.Through the integration of railway and highway resources nationwide,ZhongGu Logistics has formed a three-dimensional logistics network of "public, railway and water",and established a multi-modal transport integrated logistics system with water transport as the core,taking container as the carrier.
As of December 31,2019,ZhongGu Logistics is operating 112 container ships efficiently, with a carrying capacity of 2,486,500 DWT and 382,400 TEU standardized containers.
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In 2017, 2018 and 2019, ZhongGu Logistics has operating revenue of 5.6 billion yuan, 8.08 billion yuan and 9.9 billion yuan respectively, and net profits attributable to shareholders of the parent company after deducting non-recurring gains and losses are 530 million yuan, 370 million yuan and 640 million yuan respectively.
The company plans to issue no more than 66,666,700 shares on the main board of Shanghai Stock Exchange. It plans to raise 1.479 billion yuan to invest in container ship acquisition projects and container ship acquisition projects respectively, including six 19,00TEU container ships and 82,000TEU containers.
The above fundraising projects will further improve the structure of ZhongGu logistics fleet, increase its own ship capacity, expand its main business scale, and enhance its special cargo transportation capacity, so as to maintain and enhance its competitive advantage in domestic container logistics companies.
Source:Sarah Yu,XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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