Sinotrans Changhang Group
 | |
| Company type | State-owned enterprise |
|---|---|
| Industry | Shipping and Logistics |
| Founded | 2008 |
| Headquarters | , |
Area served | World |
Key people | Executive Director and President: Song Dexing[1] |
| Revenue | 89.044 billion renminbi (2015)[2] |
Number of employees | 51,511 (2015)[2] |
| Website | www.sinotrans-csc.com |
Sinotrans Changhang, or Sinotrans&CSC Holdings, is the largest logistics company of the People's Republic of China, with further interests in shipping and shipbuilding. The group is state-owned and was formed in March 2009 by the reorganisation of two other state-owned enterprises, the China National Foreign Trade Transportation (Group) Corporation (Sinotrans) and the China Changjiang National Shipping (Group) Corporation (CSC).[2]
In December 2015 the State Council gave its approval for a further strategic reorganisation as part of a wider drive to improve the vitality and competitiveness of state-owned corporations.[3] This entailed the integration of Sinotrans Changhang into the China Merchants Group, a process which was completed by April 2017.[4]
References[edit]
- ^ "About Us". Senior Management. Retrieved 2018-12-06.
- ^ a b c "About Us". Company Profile. Retrieved 2018-12-06.
- ^ Lee, Hong Liang (2016-03-16). "China Merchants, Sinotrans & CSC hold meeting on strategic restructuring". Seatrade Maritime News. Retrieved 2018-12-06.
- ^ Lee, Hong Liang (2017-04-11). "China Merchants, Sinotrans & CSC complete strategic reorganisation". Seatrade Maritime News. Retrieved 2018-12-06.
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