LONGZHOU GROUP CO.(SZ:002682)2022-12-05 05:42Group 1: Passenger Transport Business - The company holds a leading position in passenger transport in Fujian Province, ranking first in vehicle count and second in passenger volume among peers [1][2] - As of September 30, 2016, the company owned 1,731 passenger buses, 858 bus routes, and 852 taxis, with a focus on intercity and rural transport [2] - Revenue from passenger transport in Longyan City accounts for 52.08%, while Nanping City contributes 47.92% [2] Group 2: Automotive Sales and Maintenance - The automotive and parts sales and maintenance segment includes both manufacturing and sales of specialized vehicles, focusing on mid to high-end brands such as BMW and Audi [3] - The company is involved in the sales of heavy-duty trucks from brands like Dongfeng and Hualing [2] Group 3: LNG and CNG Business - Longzhou Haiyou's main business is oil and gas sales, primarily wholesale and retail for vehicles and industrial use [3] - The company has established a joint venture with CNOOC to build gas stations in Longyan, with plans to construct 10 additional stations in the future [3] Group 4: Logistics and Transportation - The company acquired Zhongzhuang Logistics, which is focused on bulk cargo transportation, including sand, steel, and containers [5] - The logistics center in Wuping is planned to become an e-commerce logistics park, addressing last-mile delivery challenges in rural areas [5]