Yangtze River Development Ltd

(YERR)

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Wuhan Yangtze River Newport Logistics Co., Ltd. is a wholly-owned foreign enterprise established by Ricofeliz Capital (Hong Kong) Limited in Wuhan with a registered capital of RMB200 million. Its legal representative is Mr Zong Yu. The Company currently has over 80 employees mostly with broad expertise in construction planning and management, logistics and warehouse management, terminal handling, business management and other related fields.The Company is committed to provide office space, professional logistics, bonded logistics, waterways, railways, road transport, integrate and extend transportation, storage and processing, information service, commerce service, logistics and finance integrated services for domestic and foreign customers.

Project

Wuhan Yangtze River Newport Logistics Center located in the middle reaches of the Yangtze golden waterway, the east side of Wuhan city circle, Wuhan Yangluo NewPort Area. The port placed in the Yangtze River north, north of the Hanshi highway which links Hankou and Shigang; south of the Yangtze golden waterway, the Zhijiang North Railway, and the Jiangbei Expressway. Wuhan Yangluo NewPort with its excellent natural resources has become the core of Wuhan Newport Port, and it has an important strategic position in the middle reaches of the Yangtze River. Moreover, Yangluo NewPort as the only one to enjoy the tax returns policy in Wuhan city will become a crucial trading window to Wuhan city.

This project occupies a total of 2877 Mu land use area of, with designation and construction period of five years. The proposed project is located in Wuhan Newport Yangluo port, the Yangtze River north, close to the northern base of Wugang Jiangbei, the distance between Wuhan Guan and the the wharf engineering about 26.5Km, downstream about 5.5Km of Yangluo Yangtze River Bridge.

Port operations area with a coastline of 1,039 meters, built up with eight 5,000-tons berths of which 2 are multi-purpose berths, 6 miscellaneous berth; with an annual design throughput of 5 million tons, including container 100,000 TEU / year (including 2 freezers of 10,000 TEU).

Within the logistics center, functional area will be divided into six operating zones which include port operation area, warehouse and distribution area, cold chain logistics area, rail loading area, exhibition area and commercial zone. The port constructed of container yard, yard for groceries, warehouse or groceries, multi-functional warehouse and production facilities such as roads, raw and auxiliary areas, gas stations, parking, water, electricity and other auxiliary production facilities equipped with appropriate equipment.

Wuhan Yangtze River Newport Logistics Limited is committed to provide office space, professional logistics, bonded logistics, waterways, railways, road transport, integrate and extend transportation, storage and processing, information service, commerce service, logistics and finance integrated services for domestic and foreign customers.

Location

The project is located in Wuhan Yangluo Economic Development Zone. Wuhan, the largest city in the Yangtze river middle reaches and central China, situated in the heart of China geographically, jionting the Yangtze River Economic Zone across the east to west and the railroad line from Beijing to Guangzhou through north to south, is one of the biggest transportation hub city.

Planning

This project consists of a total land area of 2,877 Mu. Within the logistics center, functional area will be divided into seven operating zones which include port operation area, berth area ,warehouse and distribution area, cold chain logistics area, rail loading area, exhibition area and commercial zone.

  1. Cold Chain Logistics area occupied 226 Mu of land, built up with 2 multi-frozen warehouses, and 2 frozen food processing and packaging plants with a total construction area of 47,840 square meters, and the cold storage warehouse occupied a total area of 30,000 square meters. The designated logistics capacity of 60 million tons/year (annual processing capacity storage 300,000 tons), supported with parking area, roads, raw and auxiliary areas, water, electricity and other auxiliary production facilities, which equipped with appropriate equipment.
  2. Railway loading and unloading zone captured 310 Mu of land, including container yards, steel yard, railway junction, and other production facilities with efficient rail loading line of 1900 meters. The designated loading and unloading capacity reached 3 million tons/year, of which container 50000 TEU / year (including Reefer 20,000 TEU), heavy pieces of steel 1.5 million tons / year, general cargo 1 million tons / year, supported with constructed roads, parking lots, water, electricity and other auxiliary production facilities, which equipped with the appropriate equipment.
  3. Exhibition area conquered 497 Mu(331,333 square meter) of land, constructed with steel trading center, city supplies wholesale and retail commodity exhibition and trade center, Internet + logistics and corporate headquarters and other commercial facilities, with a total area of 357,200 square meters, supported with well developed roads, parking lots, water, electricity, and other auxiliary production facilities.
  4. Commercial zone covers 277 Mu(184,666 square meter) of land which includes commercial, apartment, banking, hotels, clubs and other services and leisure facilities in accordance with the Wuhan Yangtze River Newport logistics Center commercial requirements, with a total area of 352,500 square meters, supporting with constructed roads, parking lots, water supply, power supply, etc.
  5. Warehouse and distribution area covers 686 Mu(457,333 square meter), built up with two multistory warehouses, and 3 multi-functional warehouses with a total construction area of 140,650 square meters. The designated logistics capacity of over 6 million tons (annual storage capacity of 3 million tons), and the park constructed with container yard, parking lot and other production facilities such as roads, water, electricity and other auxiliary production facilities, which equipped with the appropriate equipment.
  6. Port operations area with an annual design throughput of 5 million tons, including container 100,000 TEU / year (including 2 freezers of 10,000 TEU), iron and steel weighs 1 million tons / year, general cargo weighs 3,000,000 tons / year. There are 881 Mu of land behind the port area, supporting the construction of container yard, yard for groceries, warehouse or groceries, multi-functional warehouse and production facilities such as roads, raw and auxiliary areas, gas stations, parking, water, electricity and other auxiliary production facilities equipped with appropriate equipment.
  7. Berth area with a coastline of 1,039 meters, built up with eight 5,000-tons berths of which 2 are multi-purpose berths, 6 miscellaneous berth.

Additional Information

Yangtze River Development Ltd

Profile

Wuhan Yangtze River Newport Logistics Co., Ltd. is a wholly-owned foreign enterprise established by Ricofeliz Capital (Hong Kong) Limited in Wuhan with a registered capital of RMB200 million. Its legal representative is Mr Zong Yu. The Company currently has over 80 employees mostly with broad expertise in construction planning and management, logistics and warehouse management, terminal handling, business management and other related fields.The Company is committed to provide office space, professional logistics, bonded logistics, waterways, railways, road transport, integrate and extend transportation, storage and processing, information service, commerce service, logistics and finance integrated services for domestic and foreign customers.

Contact Information

Website: www.yerr.com.cn
Main Phone: +1 646 861-3315
Address: 183 Broadway
Address 2: Suite 5
State: NY
City / Town: New York
Country: USA
Postal Code: 10007

Issuer Information

Exchange: OTO
CEO: Xiangyao Liu
Employees: 87
Issuer Type: CS - Common Stock
Sector/Industry: Cyclical
NAICS: Lessors of Resid
$ 17.00 $ 1.91 (12.66%)
Last Price 17.00 Change $ 1.91 Change % 12.66 Tick N/A
Bid 4.03 Bid Size 100.00 Ask 27.77 Ask Size 100.00
Open 15.20 High 17.58 Low 15.09 Prev Close 15.09
Last Trade Volume 39,178 52 Wk Hi 25.47 52 Wk Low 3.50
Market Cap 2.9 bi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 172,311,446.00 EPS (TTM) -0.06 PE Ratio N/A Exchange NGS
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 8 8 8 8
Low Target Price Estimate 8 8 8 8
Mean Target Price Estimate 8 8 8 8
Standard Deviation 0 0 0 0
Date of Most Recent Estimate 06/09/16 06/09/16 06/09/16 06/09/16
  Current 1 Month Ago 2 Months Ago 3 Months Ago