China Logistics Group was established, and the logistics industry giant was born



Approved by the State Council, China Logistics Group was officially established on December 6.

The newly formed China Logistics Group consists of the original China Railway Materials Group Co., Ltd., and China Materials Storage and Transportation Group Co., Ltd., China Central Place International Logistics Co., Ltd., China Logistics Co., Ltd., and China Packaging The limited liability company is based on the integration of 4 companies.


What is slightly different from previous market news is that the establishment of China Logistics Group also simultaneously introduced China Eastern Airlines Group Co., Ltd., China Ocean Shipping Group Co., Ltd., and China Merchants Group Co., Ltd. as strategic investors. The shareholding structure of China Logistics Group is: the State-owned Assets Supervision and Administration Commission of the State Council and China Chengtong Holding Group Co., Ltd. hold the same shareholding ratio of 38.91%; the three strategic investors hold 10%, 7.3%, and 4.9% respectively.


China Logistics Group is advancing rapidly. Some people previously told the Economic Observer Network that it had already started its preparations since the beginning of this year.


In December 2020, China Chengtong held a strategy implementation seminar. Participating companies included the main persons in charge of China’s storage and transportation and China’s logistics. In this meeting, China Chengtong’s Deputy Secretary and President Li Hongfeng Under the new development pattern and under the background that the Party Central Committee has further upgraded the construction of a modern circulation system to a national strategy, the group is a pilot state-owned capital operating company with the purest genes, the most concentrated resources, and the most experienced operation of the circulation system among central enterprises. For enterprises, it is particularly urgent and important to discuss the strategic implementation of the integrated logistics sector. The changes in the external environment have brought historical development opportunities to the development of the logistics sector, as well as huge challenges.


In August of this year, at the media briefing on the restructuring and reorganization of central enterprises, Weng Jieming, deputy director of the Office of the State-owned Enterprise Reform Leading Group of the State Council and deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, said that since the 19th National Congress of the Communist Party of China, the strategic reorganization of central enterprises at the group level has entered a new stage. The acceleration track. In the second half of the year, we will focus on advanced manufacturing and technological innovation, and vigorously promote the reorganization and professional integration of central enterprises in the fields of power transmission and distribution equipment, modern logistics, strategic resources, grain storage and processing, and offshore equipment.


According to the China Railway Materials Announcement, on December 3, the company received a notice from China Railway Materials Group that it was informed that China Railway Materials Group had completed the change of industrial and commercial registration information and the company name was changed to "China Logistics Group Co., Ltd.".


As the "basic plate" of China Logistics Group, China Materials Storage and Transportation Group, China Central Place International Logistics Co., Ltd., China Logistics Co., Ltd., and China Railway Materials Group have their own focuses, and have many years of resources and experience reserves in their respective fields. As a whole, it covers multiple logistics areas such as warehousing logistics, international freight forwarding, road-rail transportation, and multimodal transportation.


Based on the establishment of the China Logistics Group, the business network covers 30 domestic provinces (cities, districts) and five overseas continents, with a land area of ​​24.26 million square meters, a warehouse of 4.95 million square meters, and a material yard of 3.56 million square meters; it has a dedicated railway line 120 warehouses, 42 futures delivery warehouses; integration of nearly 3 million professional road freight vehicles; international trains run across Asia and Europe, and have significant competitive advantages in the international logistics market.


According to CCTV news reports, in the future, the "national team" of China Logistics Group will focus on the development of supply chain logistics, civilian logistics, special logistics, dangerous goods logistics, industrial logistics, emergency logistics, cold chain logistics, international cross-border logistics, etc., covering Comprehensive logistics services such as warehousing, transportation, distribution, packaging, multimodal transportation, international freight forwarding, futures delivery, cross-border e-commerce, international trade, logistics design, supply chain management, processing and manufacturing, technology research and development, e-commerce and other comprehensive logistics services. Reduce social logistics costs, focus on improving international competitiveness, and strive to build a world-class comprehensive modern logistics enterprise group with global competitiveness.


According to announcements issued by listed companies such as China Railway Materials, the integrated new group will focus on the construction of a modern circulation system and strive to build a modern logistics enterprise with a complete industrial chain and strong comprehensive strength.


According to industry insiders, the above-mentioned companies have considerable accumulations in warehousing, transportation and industrial resources. Although they belong to different logistics fields, if they can achieve effective collaboration and mobilize existing resources, they will have considerable support for the logistics industry. effect.