Announcement from Xingtong Co., Ltd. (603209.SH), the company signed a cooperation with Xiamen Jianfa Supply Chain Logistics Technology Co., Ltd. (referred to as "Jianfa Supply Chain Logistics Technology")...
Zhitong Finance APP News, Xingtong Co., Ltd. (603209.SH) announced that the company signed a joint venture contract with Xiamen Jianfa Supply Chain Logistics Technology Co., Ltd. (referred to as "Jianfa Supply Chain Logistics Technology"), planning to jointly invest in establishing a limited liability company. The registered capital of the joint venture company is 0.256 billion yuan. Among them, the company will invest 0.131 billion yuan in cash and hold 51% equity of the joint venture company.
The joint venture company plans to fully leverage the advantages of Jianfa Supply Chain Logistics Technology in platforms, funding, and management, as well as Xingtong Co., Ltd.'s advantages in domestic and international liquid dangerous goods marine transportation management and operations, primarily engaged in liquid hazardous goods shipbuilding and international transportation business.
The announcement stated that the signing of the joint venture contract with Jianfa Supply Chain Logistics Technology and the establishment of the joint venture company are based on the company's long-term development strategy needs, fully leveraging Jianfa Supply Chain Logistics Technology's advantages in platforms, funding, and management, as well as Xingtong Co., Ltd.'s advantages in domestic and international liquid dangerous goods marine transportation management and operations, conducive to the company seizing market opportunities, more efficiently building a large-scale, influential, greener, and lower carbon first-class international shipping fleet, enhancing Xingtong Co., Ltd.'s international competitiveness.