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China Post Express Logistics Will List IPO

2010/6/4 19:15:00 29

China Post Express IPO

Last year, the China Post Express logistics company, which has just merged the two major sections of express delivery and logistics, is now joint-stock reform. The joint-stock "China Post Express Logistics Limited by Share Ltd" is being prepared and will be listed through the IPO after the completion of the reform.


This person said that the postal system reform will form a framework of "one body and two wings". One is the post office, one wing is the established postal savings bank, the other wing is the express logistics company.

From now on, the postal savings bank has been on the right track and growing rapidly, and the reform of the express logistics sector is relatively slow.

He said that some provinces have already started the reform since the beginning of the year, and the main content is to gradually separate them from the post office in terms of operation and finance, and make some adjustments in personnel affairs to change the status quo of the post Secretary of the local post office as the leader of the express logistics company.


Yesterday, on the website of the State Post Office, the announcement of "China Post Express Logistics Limited by Share Ltd (chips)" applied for the express business license was also verified.

Publicity shows that the company's business scope is "domestic express, international express", belonging to "Limited by Share Ltd", the address is 131 Xuanwumen West Street, Xicheng District, Beijing.


In addition, NetEase finance also found that China Post Express logistics company pferred all the shares of Hunan Post technology listed company recently, showing that the road of backdoor listing before market speculation has been blocked.


The Ministry of finance has recently approved that China post express delivery company will pfer the 18 million 20 thousand state-owned legal person shares owned by Xiang post technology to the post science research and Planning Institute without compensation.

After the implementation of equity pfer, China Post Express logistics company no longer holds any shares of Xiang post technology, and postal scientific research planning becomes the second largest shareholder.


Analysts believe that this shows that before the China Post Express logistics company through the holding of Xiang post technology indirectly listing speculation, and the share price of Xiang post technology has also doubled 4 times since October 2008.


China Post Express logistics company, which lets off its shell resources and starts its own share reform, is likely to be listed directly through IPO.


However, these people believe that the relationship between local post offices and local express logistics companies is still dependent on the post office, especially in remote areas, and the separation of personnel and finance is very difficult.


 

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