Sinotrans&CSC Group
TypeState-owned enterprise
IndustryShipping and Logistics
Founded2008
Headquarters
Beijing
,
People's Republic of China
Area served
World
Key people
Executive Director and President: Song Dexing[1]
Revenue89.044 billion renminbi (2015)[2]
Number of employees
51,511 (2015)[2]
Websitewww.sinotrans-csc.com

Sinotrans Changhang, or Sinotrans&CSC Holdings, is the largest logistics company of the People's Republic of China, with further interests in shipping and shipbuilding. The group is state-owned and was formed in March 2009 by the reorganisation of two other state-owned enterprises, the China National Foreign Trade Transportation (Group) Corporation (Sinotrans) and the China Changjiang National Shipping (Group) Corporation (CSC).[2]

In December 2015 the State Council gave its approval for a further strategic reorganisation as part of a wider drive to improve the vitality and competitiveness of state-owned corporations.[3] This entailed the integration of Sinotrans Changhang into the China Merchants Group, a process which was completed by April 2017.[4]

References

  1. ↑ "About Us". Senior Management. Retrieved 2018-12-06.
  2. 1 2 3 "About Us". Company Profile. Retrieved 2018-12-06.
  3. ↑ Lee, Hong Liang (2016-03-16). "China Merchants, Sinotrans & CSC hold meeting on strategic restructuring". Seatrade Maritime News. Retrieved 2018-12-06.
  4. ↑ Lee, Hong Liang (2017-04-11). "China Merchants, Sinotrans & CSC complete strategic reorganisation". Seatrade Maritime News. Retrieved 2018-12-06.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.