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Zhonggu Logistics debuts on SSE

en.lgxc.gov.cn| Updated: Sep 27, 2020 L M S

Shanghai Zhonggu Logistics Co Ltd, which is registered in the Yangshan Special Comprehensive Bonded Area, was listed on the main board of the Shanghai Stock Exchange (SSE) on Sept 25.

It was the first new listed enterprise since the establishment of the Lin-gang Special Area on Aug 20, 2019.

Funds raised from the listing will be used to purchase container ships containers, including six 1,900-TEUs (twenty-foot equivalent units) container ships and 82,000 TEUs containers.

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A freight ship carrying containers belonging to Zhonggu Logistics. [Photo/WeChat account: shlgguanweihui]

Zhonggu Logistics is involved in the domestic trade container logistics industry. It has formed a three-dimensional logistics network that includes highways, railways, and waterways, and established a multimodal transport integrated logistics system with waterway transport at its core.

According to a report by French Phaliner, an international research institution, the integrated capacity of Zhonggu Logistics ranked 13th in the world and its domestic container shipping company ranked second in the world as of Dec 31, 2019.

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A listing ceremony for Zhonggu Logistics is held on Sept 25. [Photo/WeChat account: shlgguanweihui]

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