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Sinotrans Air Transportation Development Co Ltd to Set up Subsidiaries and Branches
Sinotrans Air Transportation Development Co Ltd announced that it will set up two subsidiaries, respectively located in Wuhan and Beijing. The Wuhan-based subsidiary will be a supply chain company with a registered capital of RMB 20 million, and the Beijing-based one will be with a registered capital of RMB 5 million and be engaged in the international freight forwarding business and declaration. The Company will also set up a branch in Baotou City, and one in Ordos City.
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