China Merchants Group established a supply chain company including operations of bonded warehouses.

According to the Enterprise Check App, recently, Zhongwaiyun Supply Chain Co., Ltd. was established with Li Lin as the legal representative and a registered capital of 10 million RMB. Its business scope includes: bonded warehouse operations, supply chain management services, international freight forwarding, domestic freight forwarding, inspection services, customs clearance services, international ship agency, domestic ship agency, etc. According to the equity penetration displayed on Enterprise Check, the company is wholly owned by China Communication Navigation Co., Ltd., a subsidiary of China Communication Navigation.