Yangtze River Port and Logistics Limited engages in the real estate and infrastructural development business.
The company operates through its wholly-owned subsidiary, Energetic Mind Limited (Energetic Mind), which in turn operates through its wholly-owned subsidiary, Ricofeliz Capital (HK) Limited (Ricofeliz Capital). Ricofeliz Capital, which operates through its wholly-owned subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd (Wuhan Newport), a wholly foreign-owned enterprise incorpora...
Yangtze River Port and Logistics Limited engages in the real estate and infrastructural development business.
The company operates through its wholly-owned subsidiary, Energetic Mind Limited (Energetic Mind), which in turn operates through its wholly-owned subsidiary, Ricofeliz Capital (HK) Limited (Ricofeliz Capital). Ricofeliz Capital, which operates through its wholly-owned subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd (Wuhan Newport), a wholly foreign-owned enterprise incorporated in the People’s Republic of China (PRC) that engages in operating a port logistics center (Logistics Center) located in Wuhan, Hubei Province in the PRC.
Situated in the middle reaches of the Yangtze River, Wuhan Newport is involved in a large infrastructure development project implemented under China’s ‘One Belt One Road’ initiative. The project is positioned in the anticipated ‘Pilot Free Trade Zone’ of the Wuhan port, an important trading locale for the PRC, the Middle East, and Europe. To be fully developed upon completion, the Logistics Center would comprise six operating zones, such as port operation area, warehouse and distribution area, cold chain logistics area, rail cargo loading area, exhibition area and business related area. The Logistics Center is also expected to provide various shipping berths for cargo ships of various sizes.
Wuhan Newport expects to provide domestic and foreign businesses direct access to the anticipated Pilot Free Trade Zone in Wuhan. The project would include commercial buildings, professional logistic supply chain centers, direct access to the Yangtze River, Wuhan-Xinjiang-Europe Railway and ground transportation, storage and processing centers, and IT supporting services, among others.
Wuhan Yangtze River Newport Logistics Center
The Logistics Center would be a complex located in Wuhan Newport Yangluo Port. The Logistics Center would be on the upper stream of the Yangtze River, and close to the northern base of Wuhan Iron and Steel, China’s mega-sized iron and steel production complex. The Logistics Center is expected to include a port terminal that would be located approximately 26.5 kilometers (km) from the Wuhan Guan and 5.5km from the Yangluo Yangtze River Bridge. The operation area of the port is expected to consist of a riverbank of 1,039 meters with eight 5,000-to-10,000-ton berths, two of which are multi-purpose berths and the other six are general cargo berths. It is designed to be able to handle approximately 5,000,000 tons of cargo annually, including approximately 100,000 TEU for annual container throughput (including 20,000 TEU in freezer areas), 1,000,000 tons of iron and steel and 3,000,000 tons of general cargo.
Within the Logistics Center, functional areas would be divided into six operating zones, such as a port operation area, a warehouse and distribution area, a cold chain supply logistics area, a rail cargo loading area, an exhibition area, and a business related area. The Logistics Center would also be complemented with container storage areas, multi-functional areas, general storage areas, a multi-functional warehouse and infrastructural development, including new roads, gas stations, parking areas, gas and water pipes, electricity lines and all other facilities and equipment to operate the Logistics Center.
Transportation and Logistics Services
The company plans to develop a shipping hub with access to all types of cargo transportation and offer complementary services to businesses within this logistics center. The company intends to create a logistics service system by utilizing the third-party service providers with offices within the Logistics Center to provide professional logistics services.
The Yangtze River riverbank within the company’s properties measures 1,039 meters, where the company plans to complete eight cargo berths handling ships ranging from 5,000 to 10,000 tons.
Cold Chain Logistics Services
A cold chain is a temperature-controlled supply chain. An unbroken cold chain is an uninterrupted series of storage and distribution activities, which maintain a given temperature range. It is used to help extend and ensure the shelf life of products, such as fresh agricultural produce, seafood and frozen food.
Within the Logistics Center, the company would be able to provide storage and processing services to its customers. Meanwhile, a cold chain logistics service system would be established to help the company’s clients’ processing needs for their frozen foods, meats and other products that need special processing and handling. In addition, the company would offer professional services with temperature control, sorting, processing, packaging and delivery.
Portside Service
The company also plans to provide incentives for companies that specialize in IT, production of new material and equipment and manufacturing companies to station nearby the Logistics Center so that these companies could improve with the Logistics Center, leveraging each other’s specialization to serve each other’s business needs.
Logistics Financing
The company plans to establish and utilize e-commerce platforms to offer online booking, online dealing and online exhibiting services to provide professional transaction services for electronic products, commodity, foods and metals. The company also plans to provide support services to complement logistics financing. Maritime insurance and training services would be offered within the Logistic Center. Additionally, the company plans to collaborate and develop strategic alliances with other logistics or cargo shipping centers worldwide.
Sales and Marketing
The company plans to sell its commercial properties by forming strategic alliances with CMST Development (Hankou) Co. Ltd., the Shanxi Chamber of Commerce in Hubei, and the Wuhan Coal Business Association.
Intellectual Property
Domain Names: The company has added the domain names, such as www.yerr.com.cn; www.cjxgwl.com; and www.cjxgwl.cn to the Internet content provider license that the company holds and it has received the updated ICP license covering the foregoing domain name. The ICP record number is 15016982.
History
The company was formerly known as Yangtze River Development Limited and changed its name to Yangtze River Port and Logistics Limited in 2018.
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