COSCO SHIPPING Logistics is an international freight forwarding service provider. Its main business includes international freight forwarding, non-vessel shipping, customs declaration, inspection and so on. Recently, COSCO SHIPPING Logistics and COSCO SHIPPING Lines signed an equity transfer agreement. COSCO SHIPPING Logistics plans to sell about 13.46% of its stake in COSCO SHIPPING Supply Chain to COSCO SHIPPING Lines at a transaction price of 1.217 billion yuan.
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