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CTS International Logistics Corp Ltd to Set up Branch and Subsidiaries
CTS International Logistics Corp Ltd announced that it will set up a branch in Changshu, for the operation of international freight forwarding, logistics and transportation business. The Company will also set up three wholly owned subsidiaries, a Shanghai Waigaoqiao Free Trade Zone-based supply chain company with a registered capital of RMB 10 million, as well as a Jinan-based and a Kunshan-based international logistics company both with a registered capital of RMB 15 million.
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