State Power Corporation Group and others have established a logistics company in Xinjiang with a registered capital of 100 million yuan.

Tianyancha business information shows that recently, Guoneng Hongyuan Logistics Co., Ltd. was established, with Tang Yongxin as the legal representative and a registered capital of 100 million RMB. Its business scope includes road freight transport, public railway transport, domestic container freight transport agency, railway transport auxiliary activities, etc. Shareholder information shows that the company is jointly held by State Energy Group Xinjiang Energy Chemical Co., Ltd. and Xinjiang Zhundong Economic and Technological Development Zone Stereoscopic Transportation Development Co., Ltd.