Introduction of Jiangsu Yueda South Holding Co., Ltd.
Jiangsu Yueda South Holding Co., Ltd. is a subsidiary of Jiangsu Yueda Group, it was established in February, 2000. It is registered capital of 1.2 billion yuan, and now it has 9 exclusively-invested enterprises, 6 holding companies and 13 shareholding enterprises. It committed to comprehensive reform, catching up and surpassing. At present, it set the goal of taking the development of inner industrial chain trade in Yueda Group and modern service industry. Its enterprise creed is developing simultaneously in main industry and all industries, scale and benefit, reform and innovation. It is dedicating to develop the platform of commercial circulation and modern service industry.
The commercial circulation business mainly focus on commodity trade and the business of parallel import cars supply chain. It has cooperated with famous domestic and foreign enterprises, such as China Coal, RGE, China Datang, Ningbo Energy, etc.. Its annual supply of coal exceeds 6 million tons. At the same time, the company is engaged in the business of parallel import cars in Tianjin Port, with the ability to provide full supply chain services from overseas procurement and warehousing,, inspection and packing, international shipping, import customs clearance, sales, logistics, after-sales and so on. The company also invested in Shanghai Yueda New Industrial Group Co., Ltd., which owns several coal mining enterprises such as Huangling No. 2 Mine, with a cumulative coal resource reserve of nearly 5 billion tons and recoverable reserves of more than 3 billion tons.
The modern service sector involves digital technology, cultural media, highway operation, hotel services, Commercial real estate operation and other fields. It cooperated with Alibaba Cloud to build the "Yueqi Cloud", a cloud computing center, to serve more than 30 enterprises and running more than 40 sets of core business systems. The two expressways invested and operated by the company have achieved profits of more than 100 million yuan per year. It manages a four-star hotel and a commercial complex. It invests a comprehensive cultural media enterprise, which covering advertising media, business printing, intelligent packaging and warehousing, cultural leisure. In addition, the company has cooperated with Carrefour (China) to establish Yuejia Joint Venture with Carrefour Hypermarkets. It establishes a good cooperative relationship with China CO-OP Group in the business of investing and developing.