Friday, June 15, 2012

06-08 Rift Platinum 06-08 - QBGD

129835668806406250_506Jihua logistics business buyouts in China up wholly foreign-owned companies Shanghai-based China logistics limited (CEVAGround) ownership finally have a conclusion. On June 6, the headquarters is located in Netherlands jihua logistics (CEVALogistics) announced that Shanghai coach transport company limited (hereinafter referred to as "Shanghai long distance automobile transportation"), and buy the 30% stake in the Shanghai-based China logistics, wholly-owned holding the publicDivision. Logistics Executive Vice President China Dai Chengan jihua (MartinThaysen) said it would increase investment in land market of China, he said, the company is very optimistic about the field of e-commerce, expect to find customers in the future. Jihua logistics was established in 2006, TNT was acquired by private equity firm Apollo Logistics section,Changed its name to CEVA;2007 in the year, macro EGL Eagle global logistics CEVA merger Diablo 3 gold, integration to its. CEVA employs more than 50,000 employees, covering more than 170 countries. Shanghai-based China logistics Ltd was established in 1992, formerly known as the joint venture of TNT and Shanghai long distance automobile transportation company, is the first foreign investment in China marketStream enterprises, route on the main trade routes of transportation in China as well as in the major industrial regions of bus transportation. After a few adjustments, logistics has jihua 70% stake in the Shanghai-based China logistics, became the major shareholder, the remaining 30% held by Shanghai jiaoyun. In March 2012, the Shanghai long distance automobile transportation is its stake in Shanghai tradingCenter listing, the transfer price of 15 million Yuan. On June 6, jihua logistics announces successful buyout of all shares and Shanghai-based China logistics from a joint-venture firm of inland transport to foreign companies. However, Dai Shing did not confirm the transfer pricing and transaction details. Dai Chengan said after the deal was completed, the company will increase in manpower, technology and infrastructureInvestment in facilities Rift Platinum, and further strengthen the base China logistics throughout the end-to-end logistics solutions. "100% you want to control the base China logistics logistics network in China, because China will be the next 5 years the world's largest logistics market. "Dai Chengan said. Recently released results showing, jihua logistics 2011 general revenue of 6.9 billion euros, the Asia-Pacific region is about 20 euros, accounted for a large part of China. Jihua logistics is very important business development in China, is expected to total amount of cargo transportation market in China is expected to reach 125 trillion yuan in 2012. However, the logistics market in China at the same time there is a considerable challenge. According to a recent global supply chain logistics make the 2012 China disclosed the investigation, burningOil, customs clearance fees Diablo 3 CD-KEY, etc, and domestic logistics costs account for GDP (gross domestic product) about 18%, is twice times that of Europe and the United States. "Jihua can do now is, the logistics costs in total cost 10%~12%. "Dai Chengan said. Dai Chengan also emphasized that logistics and stock transfer transactions do not affect the base China Shanghai jiaoyun (Group) company (on the Shanghai long distance automobile transportationAre agencies) partnership Shanghai jiaoyun Group remains the base one of the largest customers of China logistics in China, jihua logistics of China's other big customers include Huawei, Lenovo, etc. In addition to jihua automotive logistics market originally at, said Dai Chengan, jihua logistics is also bullish on e-commerce in the country had set up a team, want to be able to compete. 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