Core Insights - A new logistics company, Hunan Huaihua Yuanhai New Channel Logistics Co., Ltd., has been established with a registered capital of 20 million yuan [1] - The company is co-owned by COSCO Shipping Holdings Co., Ltd. and Hunan Huaihua International Land Port Development Co., Ltd. [1] Company Overview - The legal representative of the new company is Wang Shanping [1] - The business scope includes road cargo transportation (excluding hazardous goods), public railway transportation, international cargo transportation agency, import and export agency, container sales, container leasing services, and supply chain management services [1] Ownership Structure - The company is jointly held by COSCO Shipping Container Transportation Co., Ltd., a subsidiary of COSCO Shipping Holdings, and Hunan Huaihua International Land Port Development Co., Ltd. [1]