Securities Announcement No.: p.128-603
Cts International Logistics Corporation Limited(603128)
Announcement on the progress of equity structure change and logistics sector specialization integration of China Logistics Group Co., Ltd
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Overview of this specialized integration
On November 30, 2021, Cts International Logistics Corporation Limited(603128) (hereinafter referred to as “the company” or “the company”) issued the announcement of Cts International Logistics Corporation Limited(603128) on the approval of the professional integration of logistics sector of China Railway Materials Group Co., Ltd. and China Chengtong Holding Group Co., Ltd. (p.2021-054), It was announced that China Railway Materials Group Co., Ltd. (hereinafter referred to as ” China Railway Materials Company Limited(000927) ” group) and China Chengtong Holding Group Co., Ltd. (hereinafter referred to as “China Chengtong Group”) implemented professional integration in the logistics sector, and the China Railway Materials Company Limited(000927) group was renamed the new group after integration, It is proposed to transfer 45.79% of the equity of the company held by China Chengtong Hong Kong Co., Ltd. and Beijing Chengtong financial holding Investment Co., Ltd. to China logistics group free of charge. China Logistics Group will focus on the needs of the construction of modern circulation system and strive to build a modern logistics enterprise with complete industrial chain and strong comprehensive strength.
On December 4, 2021, the company issued the announcement on the progress of Cts International Logistics Corporation Limited(603128) on the professional integration of logistics sector of China Railway Materials Group Co., Ltd. and China Chengtong Holding Group Co., Ltd. (p.2021-056), announcing that China Railway Materials Company Limited(000927) group has completed the change of industrial and commercial registration information and changed its name to “China Logistics Group Co., Ltd.” (hereinafter referred to as “China Logistics Group”). The change of industrial and commercial registration information does not involve the change of the controlling shareholder and actual controller of China logistics group.
On December 31, 2021, the company issued the announcement on the receipt by China Logistics Group Co., Ltd. of the decision of the State Administration of market supervision not to carry out further review of antitrust review of business concentration and the progress of professional integration of logistics sector (p.2021-063), It announced that the specialized integration of the logistics sector of China logistics group and China Chengtong Group has obtained the decision of the State Administration of market supervision on the non implementation of further examination in the antitrust examination of business concentration.
2、 Progress of this specialized integration
On February 7, 2022, the company received a notice from China logistics group that the shareholding structure of China logistics group had changed recently and had completed the industrial and commercial change registration procedures. The details are as follows:
According to the plan approved by the state owned assets supervision and Administration Commission of the State Council, China Railway Materials Company Limited(000927) group implements professional integration with the logistics sector of China Chengtong Group. While transferring relevant equity and increasing capital, China Logistics Group synchronously introduces China Eastern Airlines Group Co., Ltd., China Ocean Shipping Group Co., Ltd. and China Merchants Group Co., Ltd. as strategic investors. After the integration, the registered capital of China logistics group increased to 30 billion yuan, and the equity structure was changed as follows:
No. shareholder name contribution amount (100 million yuan) shareholding ratio
1 state owned assets supervision and Administration Commission of the State Council 116.72 38.9%
2 China Chengtong Holding Group Co., Ltd. 116.72 38.9%
3 China Eastern Airlines 30.00 10.0%
4 COSCO 21.86 7.3%
5 China Merchants Group Co., Ltd. 14.70 4.9%
Total 300.00 100.0%
In the follow-up, the company will continue to pay attention to relevant progress in strict accordance with the phased information disclosure requirements, and timely perform the information disclosure obligations in accordance with the requirements of relevant laws and regulations. Please pay attention to the investment risks.
It is hereby announced.
Cts International Logistics Corporation Limited(603128) board of directors February 8, 2022
