Jiangsu Youyi International Logistics Co., Ltd. is a joint venture invested in by CCUI and Xuzhou Coal Mining Group Co., Ltd. It is located in Xuzhou City, Jiangsu Province, and primarily engages in various businesses, including energy, industrial new city construction, commodity trading, real estate development, and financial services.
Xuzhou Coal Mining Group Co., Ltd, formerly known as Xuzhou Mining Bureau, is one of the birthplaces of modern coal mining in China. It was one of the first large-scale enterprises approved by six central ministries. With a history of coal mining spanning 132 years, it was restructured into a state-owned sole proprietorship company in 1998 with the approval of the Jiangsu Provincial People's Government. It is now a large state-owned energy industry enterprise directly under the Jiangsu Provincial Government. It is also a national coal emergency reserve base and one of China's top 500 large enterprise groups. The group currently has 20 subsidiaries, 44 wholly-owned (holding) subsidiaries, and 5 subsidiary legal entities. It employs nearly 60,000 registered workers and has total assets of 45 billion RMB. The group has received numerous accolades, including the "National May 1st Labor Award," "National Coal Industry Science and Technology Innovation Advanced Unit," "National Coal Mine Safety and Quality Standardization Company," "National Advanced Unit for Spiritual Civilization Construction," "Civilized Unit of Jiangsu Province," and "Innovative Pilot Enterprise of Jiangsu Province."
Jiangsu Youyi International Logistics Co., Ltd. was officially registered and established on February 27, 2017. The company aligns itself with the national "Belt and Road" strategy and is dedicated to building a comprehensive logistics industry new city that is based in East China, radiates across the country, and faces Eurasia. In 2018, the company signed cooperation agreements, including the Huaihai Economic Zone Lixun Bulk Commodity Industrial New Area cooperation agreement, the Xuzhou Mining Railway Special Line cooperation framework agreement, and cooperation framework agreements for six investment reserve projects. These initiatives marked the commencement of the overall planning and design of the Lixun Bulk Commodity Industrial New Area and the development of the Hanqiao Logistics Park project. In 2020, the company relocated to the Hanqiao site, with a specific focus on creating the Hanqiao Automotive Logistics Park and enhancing on-site security and management capabilities in the Hanqiao area.