July 2018 – Sinoma Cargo(Nanjing) International Logistics Co., Ltd

First, the financial director Zhou Liyun made the first half of the financial report. Zhou Liyun pointed out in the report that in the first half of the year, the company achieved an operating income of 100 million yuan, a year-on-year increase of 128%, and exceeded the annual budget in advance; in the first half of the year, a large number of new customers were developed, and the proportion of external unit revenue exceeded the shareholder’s income for the first time. At the same time, Zhou Zong proposed related issues such as the company’s capital turnover and other issues that need attention.

Then the office manager of Vietnam, Huang Xiaodong, made a report on the work of the Vietnamese sector in the first half of 2018. The Vietnamese sector achieved revenue of 9.3 million yuan in the first half of the year. Developed new customers such as China National Building Materials General and Longan Plastic Processing Company. In the second half of the year, we will actively expand the supply chain business of Laos-Vietnam-China bulk cargo business and engineering operation materials.

Liu Ying, deputy general manager of the Nigerian subsidiary, summarized the production and operation of the Nigerian company in the first half of 2018. The Nigerian subsidiary realized a revenue of 27 million yuan in the first half of the year. Developed new customers and new businesses such as Yongxing Steel and Rongsheng Glass. In the second half of 2018, we will further optimize the organizational structure, build three core products (engineering logistics, trade logistics, domestic transportation), expand our own vehicle sources, open up railway export channels, set up refinery offices, Benin and Kano offices, and complete The construction of export bases will build a mature large-scale fleet. Strengthen internal risk control, improve the company system, build talent echelons, expand service networks, and enhance core competitiveness.

General Manager Li Zhanzhu analyzed from the three aspects of the company’s overall production and operation, enterprise management, and party and group work in the first half of the year: With the emergence of results of business development outside the shareholders, the company’s business volume has gradually increased, and it is necessary to ensure the operation of shareholders’ business. Under, improve the operational capabilities of enterprises, serve their own customers, and maintain a sustainable and orderly development of the company. At the same time, Mr. Li also pointed out that the company’s overall gross profit margin is lower than the requirements of the group, the shortage of management personnel, and the need to improve the business and corporate management.

At the meeting, Mr. Li clarified the company’s work objectives for the second half of 2018, focusing on three major projects: Lagos logistics line project, core customer service project, photovoltaic power station full logistics project.

Finally, Chairman Huang Ping summarized the company’s work highlights in the first half of 2018, and also pointed out the opportunities facing Ning Rui’s development. Nigeria’s Dangote cement project and refinery project have a large amount of equipment and goods to be shipped, Vietnam’s cement plant and photovoltaic projects are about to be fully launched, which ensures that we have the supply; Sinoma Ningrui in Nigeria and inland transport The Sex line has a certain reputation and operational experience, which can provide us with more non-shareholder customer supply; with our business model innovation, we cooperate with the shipping company, Lianyungang Port Group, Lagos Port, etc. to deepen this route. We can completely improve the Nigerian route and inland transportation.

In conjunction with the speech of the leaders of the Learning Group, Chairman Huang Ping made arrangements for the company’s next step: we must pay attention to the speed and quality of development, and we must implement the idea of striving for stability and seeking quality in development. The key is to pay attention to quality and efficiency, to improve the profit level and improve the quality of operation. At the same time, we must pay attention to business management and management, management is innovative profit, management is efficiency and cost. We must further increase the awareness of service customers, help customers to help themselves, improve their management and management capabilities, open source and reduce expenditure, enterprising innovation, organically combine efficiency and efficiency, and do fine work at the point and line.

On the afternoon of July 18th, the “21st Century Maritime Silk Road Logistics Special Seminar” jointly organized by Sinoma Ningrui (Shanghai) International Logistics Co., Ltd. and Lianyungang Port Holdings Group Co., Ltd. was held in Lianyungang Shenzhou Hotel. The meeting invited 28 Chinese and foreign customers, Lianyungang port, Lagos port, shipping company, cargo owner, freight forwarding, tally and other related companies. With the main purpose of “cooperation, development and win-win”, this seminar will conduct in-depth discussions and exchanges on the development and cooperation of the Yungang-Lagos logistics line, and strive to promote multi-party cooperation and achieve win-win results for all parties.

Mr. Li Chunhong, Executive Vice President of Lianyungang Port Holdings Group and Chairman of Lianyungang Port Co., Ltd., gave a welcome speech to the conference and expressed warm welcome to the distinguished guests present at the meeting. I wish this conference a complete success.

Mr. Huang Ping, Chairman of Sinoma Ningrui made a keynote speech: As one of the organizers of this conference, Zhongcai Ningrui is honored to have such an opportunity to build such a platform for everyone from Lianyungang to Lagos Logistics. Friends gathered to discuss and jointly promote the sound development of this logistics line. Under the background of the state’s advocacy for enterprises to “go global”, especially the construction of the new Silk Road, the international cooperation in the logistics industry has ushered in a good opportunity for development. According to President Xi’s instructions: “One Belt, One Road” construction is based on the principle of mutual cooperation, co-construction and sharing, not closed, but open and inclusive; it is not a solo of a Chinese family, but a chorus of countries along the line. As a logistics company that has already “goed out”, we are willing to conduct research and exploration together with you, actively promote enterprises to carry out international regional cooperation, and provide relevant information consultation services for enterprises that are willing to enter Nigeria. While realizing the value of the company itself, Sinoma Ningrui is also thinking about how to create more opportunities for Sino-Nepalese construction. The establishment of the Lianyungang-Lagos special line will serve as a bridge for Sino-Nepal cooperation and build a greater space for development on all parties on this route.

All participating companies have fully affirmed the establishment of the “Lianyungang-Lagos” logistics line and have given good expectations for the development of this special line. Yin Zhenwei, general manager of Dongfang Port Branch of Jiangsu Lianyungang Port Co., Ltd., said that the establishment of the “Lianyungang-Lagos” logistics line is a powerful complement to the West Africa route, and is important for further saving logistics costs and improving transportation intensive and timeliness. The significance also provides excellent conditions for Lianyungang Port to drive the supply of goods and deepen the development of the West African market.

Princess Victoria of ENL Terminal in Nigeria expressed his heartfelt thanks to the organizer of this event, Sinoma Ningrui (Shanghai) International Logistics Co., Ltd.! She said that the event will help accelerate trade growth, promote international business development, and have a profound impact on promoting international trade and investment. Sinoma Ningrui and ENL have always maintained a happy and sincere relationship. The high-efficiency service of Sinoma Ningrui is obvious to all. It is indeed China’s leading logistics provider to West Africa, especially in Nigeria. Considering that Lianyungang Port is the largest port in Jiangsu Province and ENL Port is the largest port in West Africa, we hope to establish a tripartite cooperation agreement with Lianyungang Port and Sinoma Ningrui. Through multi-faceted cooperation, one-stop service of the port is realized. We hope to establish a cooperative relationship and realize personnel exchange training in various port service areas.

The seminar successfully signed four cooperation agreements, which led to the cooperation of Hong Kong enterprises on the Lianyungang-Lagos logistics line and the cooperation between China and Nepal, and played a positive role in promoting the Sino-Nepalese economic and trade cooperation in the 21st Century Maritime Silk Road.