Yunfeng Group, a Shanghai-based property enterprise, has quoted to sell 31 percent equity of its logistics arm Yunfeng Logistics Co., Ltd at a base price of 160.467 million yuan on the Shanghai United Assets and Equity Exchange.
With a registered capital of 5 million yuan, Yunfeng Logistics was founded in April, 2002. Its business covers freight transportation, transportation agency service, auto leasing, warehouse service and packaging and consignment.
31 percent equity of the company is held by Yunfeng Group and the rest is held by Wang Wenbin and Xu Ying. The company posted 187.53 million yuan in revenue and 17.627 million in net profit in 2014.
Latest comments