On April 29, 2022, yongtaiyun Chemical Logistics Co., Ltd. (hereinafter referred to as “yongtaiyun”) was officially listed on the main board of Shenzhen Stock Exchange. The raised funds will be invested in the upgrading and construction project of Ningbo logistics center, “one-stop visual logistics e-commerce platform project of transportation and chemical industry”, logistics capacity improvement project and supplementary working capital.
It is reported that Yongtai Co., Ltd., the predecessor of Yongtai transportation, was established in 2002 and changed into a joint stock limited company in 2019. It is mainly engaged in chemical logistics supply chain services and provides customers with professional, safe and efficient one-stop and visual cross-border chemical logistics supply chain services. The downstream industry served by the company is the chemical industry, and its main customers are various chemical production enterprises and international traders. Through nearly two decades of development, the company has advanced information platform, built competitive advantages in resource coordination and safety control, and formed a cross-border chemical logistics service network with the Yangtze River Delta as the core, covering China’s major chemical industry clusters in East China, North China and central China, as well as China’s major chemical import and export ports such as Ningbo, Shanghai, Qingdao and Tianjin.
Focusing on the field of chemical logistics supply chain services, yongtaiyun actively explores the integration of chemical logistics and information technology, and creates an optimized product circulation coordination platform for the chemical industry in the mode of “+ Internet”. Taking the “transportation chemical” platform as the main service provider, it has its own service team and service platform resources in Ningbo, Shanghai, Qingdao, Tianjin, Hong Kong, the United States and other places offline, about 50000 square meters of its own port chemical storage yard resources in Ningbo, Shanghai and Jiaxing, and professional dangerous chemicals transportation fleet resources in Ningbo and Jiaxing.
In recent years, Yongyun has achieved good business scale and sustained development. According to the prospectus, from 2019 to 2021, the business income of yongtaiyun was 830 million yuan, 950 million yuan and 2.14 billion yuan respectively, and the net profit attributable to the owner of the parent company was 64 million yuan, 74 million yuan and 168 million yuan respectively. With the continuous expansion of its main business, the company’s business income and net profit have maintained an overall growth trend, highlighting its competitive advantage in the industry.
Recently, yongtaiyun also released a performance forecast. It is expected that the attributable net profit from January to June 2022 will be 893152 million yuan to 987169 million yuan, an increase of 45.79% to 61.14% year-on-year.
In terms of service mode innovation, the company takes the “transportation chemical industry” platform as the service provider and vertically integrates the international chemical logistics service team, hazardous chemical warehouse, hazardous chemical transportation fleet and park based comprehensive logistics service base. The innovation and advantages of its service mode are reflected in the one-stop and visual acceptance of the company’s professional and standardized services to meet the needs of different regions Various types of chemical logistics meet the diversified service needs of customers, strengthen the information management and control ability, and ensure the safety, environmental protection and efficiency of the service process.
In terms of technological innovation, yongtaiyun is an early enterprise in the industry to explore the integration of information technology and chemical logistics management services. Through the self-developed “yunchemical” intelligent logistics management platform, yongtaiyun integrates the independently developed FMS (international freight forwarding system), WMS (hazardous chemicals storage system) and other functional modules and collaborative management modules, and realizes the docking of outsourcing general temsectors such as business and financial management, It improves the ability of information management and control and realizes personalized application requirements.
With the leading technological innovation ability in the industry, yongtaiyun “Yunhua chemical” intelligent logistics management platform has won the second prize of scientific and technological progress awarded by China Federation of logistics and procurement, and the “2019 safety management technology innovation enterprise in dangerous goods logistics industry” and “2020 China dangerous goods logistics management innovation enterprise” selected by China Transportation Association, It also won the title of ” Petrochina Company Limited(601857) chemical products transportation and logistics brand service provider” selected by Petrochina Company Limited(601857) and Chemical Industry Federation. It is worth mentioning that the company has also participated in the preparation of Petrochina Company Limited(601857) and the construction standard of dangerous goods transport vehicle parking lot in Chemical Industry Park issued by the Chemical Industry Federation, and has become one of the makers of industrial standards.
In recent years, China has become the world’s largest logistics market. According to the data of the national development and Reform Commission and the National Bureau of statistics, the continuous growth of economic activities has driven the rigid demand for logistics from 2011 to 2020. The total logistics volume of the whole society has risen from 158.4 trillion yuan to 300.1 trillion yuan, with a compound growth rate of 7.36%. From the perspective of the composition of the total social logistics, the total national industrial logistics accounts for the largest proportion of the total social logistics, accounting for more than 90% in each year. In addition, according to the data of the National Bureau of statistics, the owner’s business income of China National Chemical Engineering Co.Ltd(601117) raw materials and chemical products manufacturing reached 7.01 trillion yuan in 2018, with a year-on-year increase of 9.1%, and the market demand for China National Chemical Engineering Co.Ltd(601117) products generally maintained a stable growth trend.
Facing the broad market prospect, yongtaiyun said that in the future, it will take “building a global chemical supply chain network” as the strategic goal and long-term vision, continue to adhere to the core values of “safety first, customer first, pursuit of excellence, joint creation and sharing”, and in the service spirit of “being serious, careful, responsible, hard-working and never giving up”, Build the company into a “leader in information management and control of the whole chain of chemical logistics” and “optimized product circulation coordination platform in the chemical industry”.
