Source: billion euros
A week of logistics news: 1 Wang Wei no longer serves as an executive director of SF Express; 2 China Railway's subsidiary China Railway special cargo mixed change, complete the equity transfer.
Wang Wei no longer serves as executive director of SF Express
On March 1, the national enterprise credit information publicity system showed that the business information of SF Express Co., Ltd. changed, Wang Wei no longer served as an executive director, and Chen Xueying took over, while the legal representative was changed from Wang Wei to Chen Xueying.
Comments: Presumably, many people in the logistics industry have seen the news that "Wang Wei is no longer the executive director of SF Express". There will be many doubts. I don't know what happened in SF, but SF said this message. The change will not have any impact on SF Express, and SF's shareholders have not changed, but it does not rule out changes to other business cards in the future. However, although the legal person changed, but the biggest shareholder behind the scenes is Wang Wei, so Wang Wei still directly controlled SF. Zhao Guojun, director of the Post Development Research Center of Beijing University of Posts and Telecommunications, also said that Wang Wei is no longer the legal representative of SF Express, and does not indicate the extinction of its relationship with SF Express.
According to reports, if combined with SF's speculation that “there will be changes in other business licenses laterâ€, Wang Wei may focus his work on SF Holdings in the future, focusing on the major strategies and decisions of listed companies. In 2018, SF Express continued to expand in the logistics business. In the future, this should involve Wang Wei more energy.
China Railway's China Railway special cargo mixed change, complete the equity transfer
On February 27th, a few days ago, China Railway Special Transportation Co., Ltd. (hereinafter referred to as “China Railway Special Goodsâ€), a subsidiary of China Railway Corporation, successfully completed a 15% equity transfer on the Shanghai United Assets and Equity Exchange, with a turnover of 2.365 billion. ProLogis participated in the mixed reform of China Railway Special Goods. The other five participating companies were Dongfeng Motor, Beijing Auto, CRRC Capital, Jingdong Logistics and CIMC Investment.
Comments: Last year, according to previous reports from relevant media, China Railway has always listed its China Railway special goods as a representative of shareholding reform and mixed ownership reform on December 17, 2018, and listed on the Shanghai United Assets and Equity Exchange. The equity transfer price is not lower than the value of the assessed record.
The general manager of China Railway believes that by transferring part of the equity of China Railway Special Goods, while realizing the preservation and appreciation of state-owned assets, it will actively introduce social investors, strive to improve the competitiveness of railway special cargo logistics market, and realize the transformation and upgrading to modern logistics enterprises.
After 20% of the shares of China Railway Special Goods are listed and transferred, the shareholding system reform will be initiated in 2019, and the initial public offering (IPO) will be declared. This means that the assets of China Railway Group's assets have been mixed and listed, and the listing process of China Railway Special Goods is more clear than that of Beijing-Shanghai high-speed rail.
Editor in charge: Ge Hongyan
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