¡¡¡¡Sinotrans CSC take new steps in integration. June 17th, CSC Nanjing Tanker, Sinotrans Air Transportation announced that Sinotrans CSC and its six subsidiary companies will set up Sinotrans CSC financial Limited company in joint venture.
¡¡¡¡It is learned that the financial company is a non-bank financial institution mainly in long-term financial business, it provides financial services to member units, the registered capital is RMB500 million, of which Sinotrans CSC invested RMB275 million, the ratio of capital 55%; CSC, Sinotrans, China's charter company, Sinotrans development, CSC Nanjing Tanker, CSC Shipbuilding Industry owns share from 5% to 15%.
¡¡¡¡In addition, Sinotrans CSC subsidiary companies have recently begun to integrate. June 8, Wuhu company and Jiangdong Shipyard both CSC subsidiary companies reorganized, after the reorganization, Wuhu Changjiang shipyard company merge into the CSC Shipbuilding Industry. June 10, Wu Xue-ming, assistant president of Sinotrans and the president of China Marine Shipping Agency signed co-operation agreement with Li Sheng, deputy general manager of Shanghai Changjiang Shipping Corporation.

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¡¡¡¡Sinotrans CSC and Shell to start strategic cooperation

¡¡¡¡June 16th, Beijing, Sinotrans CSC and Shell (China) Co., Ltd. (Shell) signed a strategic cooperation agreement. The signatories for each party were Zhao Huxiang, President of Chairman of Sinotrans CSC, and Lin Haoguang, President of Shell.
¡¡¡¡During the ceremony, both Zhao Huxiang and Lin Haoguang expressed warm congratulations to this grand occasion. The two sides agreed that since stable cooperation between Sinotrans CSC and Shell began in 2002, the scope of co-operation had been consecutively enlarged through joint efforts.