COSCO SHIPPING Development : Yuan Hai Logistics Fund Investing in Worldwide Logisticsfor Further Development of Cross-b...

Yuan Hai Logistics Fund Investing in Worldwide Logisticsfor Further Development of Cross-border Logistics Industry Chain

发布时间： 2021-11-03

Recently, Henan Yuan Hai Zhong Yuan Logistics Industry Development Fund (hereinafter referred to as Yuan Hai Logistics Fund), Cainiao Smart Logistics Network (Hong Kong) Limited, Workshop Innovation and Yunqi Partners have jointly invested in Shanghai Worldwide Logistics (Group) Co. Ltd (hereinafter referred to as Worldwide Logistics). The total amount of such investment is RMB1.7 billion, which will help Worldwide Logistics to build cross-border logistics infrastructure, accelerate the digital upgrade of comprehensive cross-border logistics services, create an end-to-end global digital ecosystem, empower the industry and accelerate the integration of industry technology. 　　Worldwide Logistics, founded in 2011, is a China's leading full-pallet digital integrated cross-border logistics platform with services covering all major ports in China and operating more than 1,000 transportation routes worldwide, and building a rare global logistics service network with all ports and all routes in China. Worldwide Logistics ranks 16th in the world in the "2020 Top 50 Global Freight" list by the Transport Topic. 　　As an industrial fund cooperated between COSCO SHIPPING Group and Henan Province, Yuan Hai Logistics Fund will further promote the strategic synergies among all parties after such investment, and strengthen the cooperation in shipping container transportation, port and shipping digitalization and scripless, so as to provide customers with "gate-to-gate" cross-border logistics services. [Link] 　　Except for Worldwide Logistics, Yuan Hai Logistics Fund has also invested in Winit Corporation, Xuchang Cross-border E-commerce Integrated Industrial Park and supply chain financial operation enterprises, which are in the first tier of overseas warehouses of domestic cross-border e-commerce, to deeply deploy the whole industry of cross-border e-commerce logistics. In recent years, the cross-border e-commerce logistics industry has developed at a rapid pace, providing strong contractual support for Chinese goods to "sell globally". The invested projects are connected with those logistics businesses of regional companies of COSCO SHIPPING Logistics in Dalian, Qingdao and Henan, and COSCO SHIPPING Lines South China Company, realizing a good linkage between industrial chain and financing demands. 　　Henan Yuan Hai Zhong Yuan Logistics Industry Development Fund Management Co., Ltd. (hereinafter referred to as the Management Company) is a professional management institution of logistics fund jointly initiated by COSCO SHIPPING Development and Henan Provincial Finance Department. Relying on the national strategy of "The Belt and Road", the Management Company has propelled the development of modern logistics industry through industrial investment by focusing on the industry development needs of "big transportation, big logistics and big industry". At present, Yuan Hai Logistics Fund Management Company has managed Yuan Hai Logistics Fund and other special funds, and has made extensive investments in the field of big logistics industry chain.