Corporate Profile

We are an established and expanding local railway operator based in Hebei Province providing eastbound and westbound rail     freight transportation services and other ancillary services, including loading and unloading, road freight transportation, operation, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction and certain other businesses.

We are regarded as one of the leading railway operators in Hebei Province, and our prime location provides us with a stable business pipeline and a lot of opportunities. Our Canggang Railway Line（滄港線） starts in Cangzhou and ends in the Bohai New Area ( 滄州渤海新區 ) . Our railway line connects to the Shuo-Huang Railway Line （ 朔黃線 ） and the Han-Huang Railway Line  （邯黃線） which together constitute a comprehensive railway-port transportation network that effectively transports cargo, primarily coal, from coal-rich regions in west China to the Bohai New Area for consumption and further transport through the Comprehensive Pier at Port Huanghua to areas of high demand for coal in south and east China. Our railway line also connects the Beijing-Shanghai Railway Line （ 京滬線 ） to the Bohai New Area.

The total length of the Canggang Railway Line was approximately 216.6 km, including a main track of approximately 87.4 km, station tracks of approximately 56.1 km, 15 Special Service Lines stretching for a total of approximately 44.2 km, two branch lines; and a railway line connecting us with Shuo-Huang Railway Line of approximately 7.1 km and a railway line connecting us with Han-Huang Railway Line of approximately 7.1 km. There were a total of 13 stations on the Canggang Railway Line, 10 stations on the main track and three stations on branch lines.

Canggang Railway Line was first constructed by the local governments of Cangzhou City in 1979 and commenced operations in 1982. It had been operated by Cangzhou Railway Bureau (滄州市地方鐵路局) since 1982 until November 2004 when the labor union of Cangzhou Railway Bureau (滄州市地方鐵路局工會) and three senior management members of Cangzhou Railway Bureau established Chengyu Company and acquired the Canggang Railway Line. Mr. Liu was optimistic about the rail freight transportation industry in the PRC due to PRC’s rapid economic growth. He became one of the investors in Chengyu Company in November 2017. Between November 2007 and October 2012, after a series of acquisitions and capital contributions by Mr. Liu, he became the largest shareholder of Chengyu Company. In December 2014, Chengyu Company contributed its rail freight transportation operations and related assets. This is a remarkable moment for the developent of Canggang Company.

In addition to our core rail freight transportation business, we have developed comprehensive operating capabilities covering various transportation and logistics needs of our customers, particularly those in coal and ore-related industries. We are thus able to provide comprehensive services to our customers, which we believe has allowed us to leverage existing relationships to grow and  further  diversify our revenue and deepen and strengthen our relationship with our customers. Our  ability  to provide such ancillary services also helps drive growth of our core rail freight transportation business, as  we believe our ability to offer one-stop solutions in terms of freight transportation makes us more attractive to new customers.