Guangzhou Jiacheng International Logistics Co.Ltd(603535) ( Guangzhou Jiacheng International Logistics Co.Ltd(603535) ) on the evening of March 16, it was announced that the company had signed a framework agreement on the joint venture establishment of airlines with Cts International Logistics Corporation Limited(603128) (” Cts International Logistics Corporation Limited(603128) ( Cts International Logistics Corporation Limited(603128) )”) and Guangzhou zhidu Investment Holding Co., Ltd. (“zhidu investment”). The three parties planned to jointly establish an airline, Guangdong Guangzhou Jiacheng International Logistics Co.Ltd(603535) Airlines Co., Ltd. (tentative name, ” Guangzhou Jiacheng International Logistics Co.Ltd(603535) Airlines”), In order to give full play to the advantages of resource integration of all parties, meet the logistics needs of customers and the market through the operation of aviation logistics, warehousing, transportation, international freight forwarding and other businesses.
The registered capital of the joint venture is 500 million yuan, of which Cts International Logistics Corporation Limited(603128) contributed 275 million yuan, accounting for 55% of the registered capital of the joint venture Guangzhou Jiacheng International Logistics Co.Ltd(603535) contributed 200 million yuan, accounting for 40% of the registered capital of the joint venture, and the remaining registered capital was contributed by zhidu investment.
It is reported that Guangzhou Jiacheng International Logistics Co.Ltd(603535) airlines will work with the three shareholders to build a main hub center of “Dawan District Guangzhou Jiacheng International Logistics Co.Ltd(603535) aviation warehouse” with an area of about 500000 square meters in Guangzhou, which is committed to providing manufacturing or e-commerce platform enterprises with full link international aviation logistics services integrating the whole supply chain and building a world leading international cargo airline.
Guangzhou Jiacheng International Logistics Co.Ltd(603535) said that there is a strong demand in the freight aviation market in Guangzhou. As an important pillar and core city of China’s economic development, Guangzhou’s aviation industry is also at the front end of the Chinese market. Aviation logistics has a huge market prospect. The establishment of Guangzhou Jiacheng International Logistics Co.Ltd(603535) aviation will bring huge business opportunities to Guangzhou Jiacheng International Logistics Co.Ltd(603535) aviation.
