COSCO SHIPPING Special Transportation and Foton Motor jointly establish an automotive supply chain company

People’s Finance News, April 7—Qichacha APP shows that recently, Guangzhou Yuanfu Auto Supply Chain Co., Ltd. was established with registered capital of RMB 30 million. Its business scope includes non-vessel operating carrier (NVOCC) business; supply chain management services; port cargo survey/inspection; import and export of goods, etc. Qichacha’s equity look-through indicates that the company is jointly held by COSCO Shipping Special (600428) and Foton Motor (600166).

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