Guotong Co., Ltd.: the specialized integration of logistics sector of China tiewu group and China Chengtong Group was approved
Cailian, November 29 (Reuters) - Guotong shares announced that, after study by the SASAC and approval by the State Council, it was agreed that China tiewu group and China Chengtong Holding Group Co., Ltd. would implement professional integration in the logistics sector, and China tiewu group would be renamed the integrated new group. The integrated new group would be performed by the SASAC of the State Council on behalf of the State Council, The equity of China material storage and Transportation Group Co., Ltd., Hong Kong China Travel China Trade International Logistics Co., Ltd., China Logistics Co., Ltd. and China Packaging Co., Ltd. held by China Chengtong Group and its affiliated enterprises are transferred to the integrated new group free of charge.
This text is a result of machine translation.
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