On the morning of January 10, 2020, Jiangsu Youyi International Logistics Co., Ltd. successfully held its second first board of directors and supervisory board meeting. Leaders and representatives from the company's shareholders, including Deputy General Manager Li Dahuai of Xuzhou Mining Group Co., Ltd. and Chairman of China National Investment & Guaranty Corporation (the holding company of Desheng Logistics Co., Ltd.) Wei Jianhua, as well as directors, supervisors, and related personnel from Jiangsu Youyi attended the meeting.
The meeting successfully completed the election of the board of directors and supervisory board. At the same time, it reviewed and approved proposals regarding amendments to the company's articles of association, organizational structure adjustments, the summary of work in 2019, the work plan for 2020, and the investment and construction of the logistics warehousing area and supporting service area in Hanqiao Railway Logistics Park.
Mr. Li Dahuai, Deputy General Manager of Xuzhou Mining Group, pointed out that in 2019, Jiangsu Youyi made rhythmic and effective progress, achieving good results. The establishment of the FAW-Volkswagen distribution center in Hanqiao Railway Logistics Park, in particular, has become a model for the disposal of idle assets in Xuzhou Mining Group, with milestone significance. Xuzhou Mining Group, as a shareholder, will spare no effort to provide support for the company's development in terms of funds and resources.
Wei Jianhua, Chairman of CCUI, expressed gratitude for Xuzhou Mining Group's support for the growth and development of Jiangsu Youyi. As a shareholder, CCUI will also inject vitality into Youyi in terms of capital expansion and resource integration. All employees of Youyi should establish a crisis awareness, work hard, establish systems, respect regulations, and enhance performance through standardized management."
