Core Viewpoint - Guangdong Yuanshang Logistics Co., Ltd. has made significant progress in establishing a wholly-owned subsidiary in Hong Kong, with a registered capital of 3 million HKD and a total investment of approximately 382,200 USD for the project [1][2]. Group 1: Investment Details - The company’s board approved the investment proposal to set up a wholly-owned subsidiary in Hong Kong during a meeting held on June 6, 2025 [1]. - The registered capital for the new subsidiary is set at 3 million HKD [1]. - The project has received the necessary approval from the Guangdong Provincial Development and Reform Commission, with a project registration notice valid for two years [2]. Group 2: Project Specifications - The project is named "Guangdong Yuanshang Logistics Co., Ltd. New Hong Kong Yuanshang Logistics Co., Ltd. Project" [2]. - The total investment for the project amounts to 382,200 USD, with the entire amount funded by the company's own resources [2]. - The main business activities of the new subsidiary will include cargo transportation agency, road cargo transportation, cargo storage services, and loading and unloading operations [2].

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]