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On April 9, China Logistics Group's International Express Supply Chain Management Co., Ltd. (hereinafter referred to as "International Express Company") officially opened a freight route from Zhengzhou to Clark, the Philippines.
(Source: Enterprise official website)
The route mainly carries cross-border e-commerce and fresh cold chain cargo, and plans to operate 2 flights a week, with a total of more than 30 tons of cargo for each round-trip flight.
It is understood that this is the fourth international freight route opened by the international express company after the opening of the route from Zhengzhou to Osaka, Japan, Zhengzhou to Manila, the Philippines, and Zhengzhou to Bangkok, Thailand.
And China Logistics Group's actions this year are more than that.
"Going out" action
On February 29 this year, the international express company successfully opened a freight route from Zhengzhou to Osaka, Japan. On the 26th, China Railway Supply Chain Technology Group, a subsidiary of China Logistics Group, successfully organized and opened the first Central Asia train (Yangquan-Tashkent) in Yangquan, Shanxi.
Since its establishment, China Logistics Group has been continuously laying out on the road of "going global", and has achieved results in China-Europe freight trains and international air freight.
The development of international freight around the hub of Zhengzhou Airport is a major deployment of China Logistics Group to promote "going global". On September 29, 2022, the international express company officially landed in Zhengzhou, and Li Yongzhao, chairman of the international express company, said at the unveiling ceremony that the company's vision is to become China's Fedex, UPS, and DHL in the near future.
China Logistics Group International Express Company (Qichacha)
The establishment of the international express company provides assistance for China Logistics Group to build a safe channel for international trade and logistics transportation.
Experts pointed out that the establishment of the international express company is not only conducive to optimizing Henan's logistics resources and accelerating the construction of Zhengzhou International Logistics Center, but also improving the "channel + hub + network" logistics operation system and promoting the construction of an international air transport network covering major APEC countries and regions.
If the internationalization of international express companies is still based on China, then China Logistics Overseas Co., Ltd., which was established in Singapore in September 2023, is the "bridgehead" for the group to officially settle overseas, and the group has high hopes.
(China Logistics Overseas Co., Ltd. was established Source: official website of the company)
Li Hongfeng, Secretary of the Party Committee and Chairman of China Logistics Group, said at the opening ceremony of the company that expanding overseas layout and improving overseas service capabilities is a necessary move for China Logistics Group to serve the national strategy, and the establishment of overseas companies is a new starting point for the group's international business development.
The construction of overseas companies seems to indicate that China's logistics group has entered a new stage on the road of "going global". China Logistics Group's 2024 work conference mentioned that in 2023, the group will organize material supply services for projects such as the Hungarian-Serbian Railway, Jakarta-Bandung High-speed Railway, China-Thailand Railway, and Malaysia East Coast Railway, and the shipment volume of international trains will increase by 91%.
In 2024, the Group will also take "promoting overseas layout" as a "growth pole" for value creation. At the 2024 China Enterprise Credit Development Forum held in January, Liao Jiasheng, deputy secretary of the Party Committee and general manager of China Logistics Group, also pointed out that the group is laying out the construction of international channels and overseas warehouses.
Finance and technology are the focus
While building an international logistics enterprise, China Logistics Group is also frequently "playing cards" in the fields of finance, supply chain, and smart logistics.
According to incomplete statistics, China Logistics Group has invested or jointly funded the establishment of 8 enterprises, covering supply chain, smart logistics, finance and other fields.
On April 8, China Logistics Group signed a strategic cooperation agreement with Zheshang Bank, in which the two sides proposed to continue to deepen exchanges in supply chain finance, investment and financing business, cross-border finance, and financial company cooperation.
Not long ago, on March 27, China Logistics Group Finance Co., Ltd. was approved to open. According to the approval issued by the Beijing Supervision Bureau of the State Financial Supervision and Administration of the People's Republic of China, the company is wholly owned by China Logistics Group Co., Ltd. (hereinafter referred to as China Logistics Group) with a registered capital of 3 billion yuan, and Hu Mei serves as the chairman.
China Logistics Group Finance Co., Ltd. (Source: Qichacha)
In fact, the actions of China Logistics Group in the financial field are closely related to the relevant policies of the mainland. On March 7, the Ministry of Finance released the "2023 Report on the Implementation of China's Fiscal Policy", which clearly regards the improvement of the modern budget system as one of the important directions of the new round of fiscal and taxation system reform.
On the other hand, the financial function is "separated" and a special financial company is established for financial management has become the choice of more and more enterprises, and these professional financial companies can effectively reduce the financial risk of the enterprise, provide convenience for the financing of the enterprise, and realize the efficient management of the financial of the enterprise. The reporter learned that Hu Mei, chairman of China Logistics Group Finance Co., Ltd., once served as the director of the capital center of the Finance Department of China Logistics Group.
In addition, technological innovation is also the focus of China's logistics group. Among the enterprises established by China Logistics Group, there are 3 enterprises involved in technical services, development, information, communication and other businesses, 4 companies involved in supply chain management services, 3 companies involved in industrial Internet data services, and 4 companies involved in software development.
The 2024 work conference of China Logistics Group mentioned that in 2023, the group will set up a research institute (i.e., "China Logistics Group Science and Technology Research Institute Co., Ltd.", hereinafter referred to as the "Research Institute") and a logistics digital technology company to form a "1+2+M+N" scientific and technological innovation organization system, and newly obtained invention patents increased by 55.5% year-on-year.
China Logistics Group Digital Technology Co., Ltd. (Source: Qichacha)
The establishment of the technology company has brought certain help to the group's technological innovation and data security. According to Aiqicha, the logistics digital technology company has two software copyright information, including a master data management platform and a data clarity software. The company's self-developed "Integrated Management Platform for Overseas Security of Central Enterprises" also won the 2023 Outstanding Application Award for Intelligent Supervision Business Model Innovation Activities of the State-owned Assets Supervision and Administration Commission of the State Council, providing technical support for the group's overseas expansion.
What about international benchmarking?
As a comprehensive modern logistics enterprise, internationalization is an important direction of the all-round layout of China Logistics Group. In the development strategy planned by China Logistics Group, the "global development project" is regarded as one of the three key projects, and the "international logistics service cluster" is one of the five major business clusters.
China Logistics Group was formed by the integration of four companies, including the former China Railway Materials Group Co., Ltd. and China Materials Storage and Transportation Group Co., Ltd., which is the logistics sector of China Chengtong Holding Group Co., Ltd. The blessing of the four listed companies of China Railway, China Reserve, Huamao Logistics, and Guotong has given China Logistics Group sufficient strength to become a "logistics aircraft carrier".
(Source: official website)
Before the establishment of China Logistics Group, China Railway Materials, China Storage and Transportation, Huamao Logistics and other enterprises have been deeply engaged in the international business sector for many years. Among them, China Railway Materials has opened up the railway materials market in Africa, Southeast Asia, the Americas, etc., and the storage network of China's storage and transportation covers Asia, Europe, America and other major economic regions in the world. The establishment of the group will undoubtedly integrate these original international resources and provide the "driving force" for the smooth going of the enterprise.
Since the establishment of the group, the international strength of these enterprises has also been continuously improved. In the 2023 list of the top 50 global sea and air freight forwarders published by Transport Topics, an authoritative magazine in the global logistics industry, Huamao Logistics ranked 16th in the world in its international air freight business and 14th in its international shipping business.
Industry insiders believe that China Logistics Group has the support of Huamao Logistics, China Storage and Transportation and other companies in logistics, warehousing, international freight forwarding and other links, and can be more calm when dealing with international business, which has laid a sufficient foundation for its overseas expansion. It can be seen that the ambition of China Logistics Group to build a "world-class comprehensive modern logistics enterprise group" is not without strength support.
Source: Modern Logistics News
Author: All-media reporter Ma Jingze
Editor-in-charge: Xiao Li Fat Pig Review: Xixi Producer: When and where
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