The Share Transfer Signing Ceremony between Ningbo Lingfeng Chemical Logistics Co., Ltd. and Xingtong Shipping Co., Ltd. Was Successfully Held

2022-11-16

Author:

Wang Ermao

2022 year 11 month 16 Day, Ningbo Lingfeng Chemical Logistics Co., Ltd. With Xingtong Shipping Co., Ltd. Equity Transfer Signing Ceremony Perfect held, Due to the pandemic, this signing ceremony was conducted online. The management teams and relevant representatives of both parties Attend via video conference and witnessed the signing ceremony, Xingtong Shipping Co., Ltd. Successful acquisition Ningbo Lingfeng Chemical Logistics Co., Ltd. Held Shenzhen COSCO Longpeng Liquefied Gas Transportation Co., Ltd. 15% of Shares 。

prosperity Tonghaiyun Co., Ltd. was established in 1997 year 12 Month, registered capital 2 RMB 100 million, primarily engaged in the inland coastal bulk liquid hazardous cargo water transportation business. The company currently operates chemical tankers. 13 ships, product oil tankers 3 ships, liquefied gas carriers 2 ships, with a total carrying capacity of 20.03 Ten thousand deadweight tons. As of 2021 At year-end, the company’s bulk liquid chemical shipping capacity accounted for a market share of 9.97% 。 After years of steady growth, the company has emerged as a leading player in China’s coastal bulk liquid chemicals shipping industry, holding a commanding position in its niche market. 。

This successful signing, It is between the two companies and COSCO Longpeng Company. The strategic alliance will significantly enhance COSCO Longpeng’s competitive edge in the industry. 。 In the face of the ongoing pandemic, all industries have been impacted to varying degrees, and market competition has become exceptionally fierce. Only through mutual cooperation can we strive for mutually beneficial outcomes and win-win results. In future cooperation, the two companies will work together with COSCO Longpeng Company. Strengthen corporate management , fostering mutual interdependence, leveraging each other’s strengths to achieve complementarity, proactively integrating resources, and fully utilizing and tapping into diverse resources, Aggressively expand business operations and enhance market competitiveness. ， Co-create brand enterprises 。

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