Beijing Changjiu Logistics Corp. (603569.SH) established Shenzhen Qianhai Changjiuyuanhang Supply Chain Management Co., Ltd.
Changjiu Logistics (603569.SH) announced that, according to the company's strategic planning and the needs of its international business layout, it will establish Shenzhen Qianhai Changjiu Yuanhang Supply Chain Management Co., Ltd. (hereinafter referred to as "Changjiu Yuanhang") on August 31, 2026, with a registered capital of 10 million yuan.
Beijing Changjiu Logistics Corp. (603569.SH) announced that, in accordance with the company's strategic planning and the needs of its international business layout, it will establish Shenzhen Qianhai Changjiu Yuanhang Supply Chain Management Co., Ltd. (referred to as "Changjiu Yuanhang") on August 31, 2026, with a registered capital of 10 million yuan.
In response to the global development of the Chinese automotive industry and the demand for a full-chain service of "going global," and in line with the company's international development planning and needs, Changjiu Yuanhang has been established as a wholly-owned subsidiary registered in Shenzhen. In the future, Changjiu Yuanhang will rely on the sound business environment and industrial guidance capabilities of the Qianhai International Hub in Shenzhen to meet the international logistics needs of Chinese automotive exports, strengthen controllable capabilities at the international supply chain service nodes for automotive exports, and actively develop international multimodal transport, maritime, and land transport businesses to contribute to the company's operations.
Changjiu Yuanhang will be included in the company's consolidated financial statements. Currently, the company does not provide guarantees or authorized financial management for Changjiu Yuanhang, and there are no circumstances where Changjiu Yuanhang occupies the companys funds. Changjiu Yuanhang has not yet commenced actual operations and is expected to have a minimal impact on the company's performance in 2026.
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