- Categories:Our Business
- Time of issue:2020-04-28 00:00:00
- Views:0
Description:
We are a local railway operator based in Hebei Province which owns, operates, manages and develops the Canggang Railway Line. We primarily engage in rail freight transportation and other ancillary businesses as follows:
Rail Freight Transportation: Rail freight transportation is our core business. We provide rail freight transportation services through the Canggang Railway Line, transporting a variety of cargo (primarily including coal and, to a lesser extent, petroleum, ore, and other cargo including PVC, asphalt and gravel) between Cangzhou and Port Huanghua and charging transportation fees for such services.
Ancillary Businesses: We also engage in a number of other businesses related to our main rail freight transportation business.
Such businesses include:
- Loading and Unloading: To supplement our rail freight transportation business, we provide loading and unloading services for cargo transported by us or others through railway and road.
- Road Freight Transportation: During the Track Record Period we also supplemented our rail freight transportation business by providing road freight transportation services to transport cargo (i) between the stations on the Canggang Railway Line and our customers’ premises; (ii) to/from the various piers of Port Huanghua both before and after transportation by railway/by sea; and (iii) between our customers’ premises located at Port Huanghua to the Comprehensive Pier. Following issuance of the Action Plan we have not been able to use road transportation to transport coal to Port Huanghua and, by the heating season of 2020, the same restrictions will apply to other bulk cargo in principle.
- Construction, Maintenance and Repair: We provide construction, maintenance and repair services, primarily including operation, repair and maintenance of Special Service Lines and railway roadbed and other railway facility construction.
- Other Businesses: We also provide certain additional ancillary services, primarily including car arrival service, freight agency, antifreeze treatment and scattering prevention of coal services. During the Track Record Period, we also provided coal filtering services to some of our customers.
Description:
We are a local railway operator based in Hebei Province which owns, operates, manages and develops the Canggang Railway Line. We primarily engage in rail freight transportation and other ancillary businesses as follows:
Rail Freight Transportation: Rail freight transportation is our core business. We provide rail freight transportation services through the Canggang Railway Line, transporting a variety of cargo (primarily including coal and, to a lesser extent, petroleum, ore, and other cargo including PVC, asphalt and gravel) between Cangzhou and Port Huanghua and charging transportation fees for such services.
Ancillary Businesses: We also engage in a number of other businesses related to our main rail freight transportation business.
Such businesses include:
- Loading and Unloading: To supplement our rail freight transportation business, we provide loading and unloading services for cargo transported by us or others through railway and road.
- Road Freight Transportation: During the Track Record Period we also supplemented our rail freight transportation business by providing road freight transportation services to transport cargo (i) between the stations on the Canggang Railway Line and our customers’ premises; (ii) to/from the various piers of Port Huanghua both before and after transportation by railway/by sea; and (iii) between our customers’ premises located at Port Huanghua to the Comprehensive Pier. Following issuance of the Action Plan we have not been able to use road transportation to transport coal to Port Huanghua and, by the heating season of 2020, the same restrictions will apply to other bulk cargo in principle.
- Construction, Maintenance and Repair: We provide construction, maintenance and repair services, primarily including operation, repair and maintenance of Special Service Lines and railway roadbed and other railway facility construction.
- Other Businesses: We also provide certain additional ancillary services, primarily including car arrival service, freight agency, antifreeze treatment and scattering prevention of coal services. During the Track Record Period, we also provided coal filtering services to some of our customers.
Information
We primarily engage in rail freight transportation and other ancillary businesses as follows:
Rail Freight Transportation: Rail freight transportation is our core business. We provide rail freight transportation services through the Canggang Railway Line, transporting a variety of cargo (primarily including coal and, to a lesser extent, petroleum, ore, and other cargo including PVC, asphalt and gravel) between Cangzhou and Port Huanghua and charging transportation fees for such services. Also,We manage (1) the Special Service Line of Cangzhou Huayou Xinye Petrochemical Co., Ltd which connecting our Tangwa Station provide the eastbound transportation services (“reach”) transporting the railway filling gasoline, diesel oil, naphtha, solvent oil and westbound transportation services (“send”) transporting the railway filling gasoline, diesel oil, naphtha, solvent oil and other products; and (2) the Special Service Line of Huanghua state-owned power fuel Co., Ltd. which connecting our Yangzhuang station provide the eastbound transportation services (“reach”) transporting gasoline, diesel oil, naphtha, methyl tert-butyl ether, and westbound transportation services (“send”) transporting gasoline, diesel oil, naphtha and other business.
Ancillary Businesses: We also engage in a number of other businesses related to our main rail freight transportation business.
Such businesses include:
- Loading and Unloading: To supplement our rail freight transportation business, we provide loading and unloading services for cargo transported by us or others through railway and road.
- Road Freight Transportation: During the Track Record Period we also supplemented our rail freight transportation business by providing road freight transportation services to transport cargo (i) between the stations on the Canggang Railway Line and our customers’ premises; (ii) to/from the various piers of Port Huanghua both before and after transportation by railway/by sea; and (iii) between our customers’ premises located at Port Huanghua to the Comprehensive Pier. Following issuance of the Action Plan we have not been able to use road transportation to transport coal to Port Huanghua and, by the heating season of 2020, the same restrictions will apply to other bulk cargo in principle.
- Construction, Maintenance and Repair: We provide construction, maintenance and repair services, primarily including operation, repair and maintenance of Special Service Lines and railway roadbed and other railway facility construction.
- Other Businesses: We also provide certain additional ancillary services, primarily including car arrival service, freight agency, antifreeze treatment and scattering prevention of coal services. During the Track Record Period, we also provided coal filtering services to some of our customers.
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