Core Insights - Hongchuan Wisdom (宏川智慧) announced the establishment of a holding subsidiary, Huizhou Hongzhi Chemical Logistics Co., Ltd., in collaboration with Huizhou Daya Bay Petrochemical Investment Group Co., Ltd. and Huizhou Port Development Co., Ltd. The total investment is 60 million RMB, with Hongchuan holding a 51% stake, making it the controlling shareholder [3]. Company Overview - Hongchuan Wisdom was founded on November 6, 2012, with a registered capital of approximately 460.28 million RMB. The company specializes in comprehensive warehousing services for domestic and international petrochemical product manufacturers, traders, and end-users [4]. - The company has 47 subsidiaries, including Chengdu Hongchuan Highway Port Automotive Service Co., Ltd. and Nantong Hongzhi Chemical Logistics Co., Ltd. [4]. Financial Performance - The company's revenue for the years 2021 to 2023 was 1.088 billion RMB, 1.263 billion RMB, and 1.547 billion RMB, reflecting year-on-year growth rates of 28.25%, 16.10%, and 22.48% respectively. - The net profit attributable to shareholders for the same period was 272 million RMB, 224 million RMB, and 296 million RMB, with year-on-year growth rates of 19.54%, -17.63%, and 32.03% respectively [4]. Strategic Initiatives - The establishment of Huizhou Hongzhi aims to enhance the company's comprehensive service capabilities and participate in the industrial upgrade of Huizhou, focusing on chemical warehousing and value-added services. The new company plans to develop a storage project covering approximately 53,000 square meters [3].
宏川智慧投资设立控股子公司惠州宏智完成工商登记