Shanghai Zhonggu Logistics Co Ltd
SSE:603565
Shanghai Zhonggu Logistics Co Ltd's latest stock split occurred on May 18, 2023
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, Shanghai Zhonggu Logistics Co Ltd traded at 10.2027 per share. Afterward, the share price was about 9.82.
The adjusted shares began trading on May 18, 2023. This was Shanghai Zhonggu Logistics Co Ltd's 3rd stock split, following the previous one in May 6, 2022.
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Shanghai Zhonggu Logistics Co Ltd
Glance View
Shanghai Zhonggu Logistics Co Ltd. is a prominent player in China's bustling logistics landscape, intricately woven into the fabric of the nation's burgeoning trade and transportation sector. Established in 2003, the company's trajectory has been propelled by China's rapid economic expansion and the consequential spike in demand for efficient logistics services. With its headquarters nestled in the dynamic metropolis of Shanghai, Zhonggu Logistics initially carved out a niche in container shipping, focusing on routes that optimally connect major domestic ports. This specialization quickly evolved into a comprehensive network that spans shipping, warehousing, and supply chain integration services, effectively streamlining the movement of goods across China and beyond. Zhonggu Logistics earns its revenue by offering an extensive array of services encompassing container transportation, freight forwarding, and value-added logistics solutions. Unlike traditional logistics companies, Zhonggu leverages an integrated approach by controlling a substantial fleet of self-owned containers and vessels, ensuring flexibility and reliability in its operations. Revenue streams are bolstered by its ability to provide end-to-end logistics solutions, catering to a diverse client roster that includes e-commerce giants, retail chains, and manufacturing enterprises. The company’s strategic investments in technology and infrastructure enhance efficiency, enabling it to capitalize on China's strategic Belt and Road Initiative, further embedding itself as a vital cog in the global supply chain.
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