Jiulong Iron and Steel Logistics Co., Ltd. was established in December 2010, and in December 2014, the joint venture reorganization was completed by CSSC(China State Shipbuilding Corporation) and Shagang, with the registered capital of RMB 1.128 billion. By joining hands, the two groups have creatednew opportunities and strong support forthe company, which explores the new pattern for the cooperation between state-ownedand private enterprises.

    Jiulong Iron and Steel Logistics Park is constructed and managed by Jiulong Iron and Steel Logistics Co., Ltd., and was established with the approvalof Zhangjiagang Municipal People's Government in January 2012.Based on the traditional iron and steel industry, Jiulong Logistics Park has realizedthe transformation and upgrading through the development of modern logistics, and strived to build a third-party professional iron and steel logistics platform with national demonstration significance of "Large-scale Agglomeration, Network Layout, Supply Chain Integration, Intelligent Management, Integrated Service and Platform Operation". It focuses on building five centers of steel logistics in East China, namely "information center, trading center, settlement center, price center and processing center", and six platforms of " steel trade, warehousing service, transportation and distribution, downstream processing, e-commerce, comprehensive services". The company provides comprehensive upstream and downstream services for the steel sector and end users, connecting the upstream and downstream industrial chains. Currently, nearly 3,000 enterprises have settled in Jiulong Logistics Park, with the annual operating income of over RMB 220 billion and the annual total tax revenue of about RMB 900 million.

    Since its establishment, Jiulong Iron and Steel Logistics Co., Ltdhas made great progress and development under the care and support of governments at all levels and all walks of life. It has been awarded the honors of "Council Member of Logistics Park Committee of China Federation of Logistics and Purchasing", "Top 500 Enterprises in China's Service Industry", "National 5A Level Logistics Enterprise", and "Top 100 Service Enterprises of Jiangsu Province", etc.Jiulong Logistics Park has beenawarded as "Provincial Key Logistics Base","Provincial Demonstration Logistics Park", "National Excellent Logistics Park", and the first batch of "DemonstrationLogistics Parks", etc.