We completed our nationwide network comprising 59 logistics facilities in 12 logistics parks located in eight provinces and centrally administered municipalities.
We introduced more financial investors and issued Convertible Notes to Berkeley Asset and SeaTown Lionfish. Berkeley Asset is a wholly-owned subsidiary of RRJ Capital Master Fund whereas SeaTown Lionfish is a wholly-owned subsidiary of SeaTown Master Fund.
We entered into a framework agreement with
Seed Holding II, which is an affiliate of Carlyle, one of the most
prominent investment firms in the world, in relation to the formation of
certain joint ventures.
We commenced the construction of logistics park projects in Wuhan Hannan.
We commenced construction of logistics park projects in the Shenyang Economic Development Zone, which strengthened our penetration in the Northern China market and further enhanced our logistics facilities network.
We commenced the construction of Beijing Yupei Linhaitan Logistics Park, further extending our geographical reach in Northern China.
We entered into cooperation with Global Logistic Properties Ltd., a major provider of modern logistics facilities in Asia.
We commenced the construction of our Shenyang Yupei Shenbei Logistics Park, which signified our expansion into the Northern China market.
We completed for Itochu Group (China) a BTS logistics park in Shanghai covering areas with a GFA of approximately 70,000 sq.m. and featuring the first two-story ramp-style logistics facilities in China.
We attracted the attention of Equity International, a world-renowned investment management company, and accepted its equity investment with a view to ensuring the sustainable growth of our business.
We were chosen among other competitors in the industry to build for Siemens a BTS logistics distribution center with a GFA of approximately 75,000 sq.m. in Chuzhou.
We completed for and delivered to Shanghai Tingtong Logistics Ltd. a BTS logistics park with a GFA of approximately 60,000 sq.m., located in Huangdu, Shanghai.
We were the first to enter and settle in Shanghai Northwestern Logistics Park and built for Itochu Logistics (China) and Tingtong Logistics Grade A logistics facilities consisting of areas totaling 40,000 sq.m.