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Private Companies in Sinotrans Limited (HKG:598) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 3.1% Last Week
Sinotrans Forms Joint Venture for Logistics Expansion
Express News | Sinotrans Ltd - Jv for Purpose of Constructing China Merchants Zhanjiang Chemicals Logistics Hub Project
Express News | Sinotrans Ltd - Sinotrans Chemical, Others, to Form Jv With Registered Capital of RMB207.2 Mln
Sinotrans Unveils Board Structure and Strategic Roles
Sinotrans Limited (601598.SH): A holding subsidiary plans to jointly invest with related parties to establish a joint venture and purchase assets.
On December 23, Gelonghui reported that Sinotrans Limited (601598.SH) announced that its subsidiary, Sinotrans Chemical International Logistics Co., Ltd. (referred to as: Sinotrans Chemicals), along with Sinotrans South China Co., Ltd. (referred to as: Sinotrans South China), plans to jointly invest with an affiliated party, Zhanjiang Port (Group) Co., Ltd. (referred to as: Zhanjiang Port Group), to establish "Zhanjiang Sinotrans Chemical International Logistics Co., Ltd." (tentative name, with the specific name subject to final approval by the market supervision administration, referred to as: Sinotrans Chemicals Zhanjiang or the joint venture), to build the China Merchants Zhanjiang Chemicals Logistics Hub project. Sinotrans Chemicals and Sinotrans South China.
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