Under the approval of SASAC, China Logistics Group Co., Ltd. (China Logistics) was officially established on Dec. 6th, 2021, with a registered capital of 30 billion RMB. China Logistics stems from the integration of five companies: one is the former China Railway Materials Group Co., Ltd., and the other four from logistics industry under China Chengtong Holdings Group Ltd: China Materials Storage&Transportation Group Co., Ltd., CTS International Logistics Corporation Ltd., China Logistics Co., Ltd and China Packaging LLC.

It has introduced three strategic investors: China Eastern Airline, China COSCO Shipping Corporation Ltd, and China Merchants Group. Hence, China Logistics is an integrated logistics SOE with equity diversity under direct supervision and management of SASAC.

Bear in mind the responsibility of“ Serve the development of modern logistics industry, secure the stability of national economy and people’s livelihood ”, China Logistics has positioned itself as the most reliable provider of integrated logistics service, and the organizer of global industrial chain with the best value-creation capabilities.