SIPG has captured territory and taken in wharfs and even shipping assets previously. Now SIPG begins to process substantial integration for assets along Yangtze River and propels its “Yangtze River Strategy”.
SIPG held opening ceremony for Yangtze River Ports Logistics C., Ltd (hereinafter referred to as “Yangtze River Company”) in the afternoon of Jun, 1, so as to officially integrate the carriers of ports and wharfs and so on assets along Yangtze River.
Established by SIPG, Yangtze River Company was a sole proprietorship company; The controlled asset, with nearly 10 billion Yuan for total value, mainly includes ship teams, ports & wharfs, logistics parks, warehouses and agents.
These assets include Shanghai Jihai Shipping Co., Ltd, Jiangsu China-sailing International Shipping Agency Ltd, Chongqing Donggang Container Terminals Ltd, Wuhan Port Group Co., Ltd, Sichuan Yibin Port LLC and so on 18 enterprises, most of which had been acquired since 2003. For example, SIPG participated integral restructuring of Wuhan Port Group and gained 55% of its stock rights in the form of expanding share capital in May 2005. Hereafter, SIPG gathered the scattered wharf companies along Yangtze River through combination and establishment of Yangtze River Company, so as to put up a new platform, combine scattered companies, announce to enter and control Jiujiang port for Yangtze River economy group, participate integral restructuring of Jiujiang Port Group with its no less than 70% of share rights controlled by SIPG subsequent to restructuring. 
President of SIPG, Chen Xuyuan told reporter of this newspaper that establishment of Yangtze River Company was just hope to integrate the incorporated parts before and original resources of SIPG along Yangtze River, so as to provide quicker, more effective and a connected sequence of point-to-point service for all customers. “Presently the management right and business relation should be first controlled by Yangtze River Company, and then capital and stock right should also be combined into Yangtze River Company”.
Yangtze River Company integrates ship teams, ports & wharfs, logistics parks and so on resources of SIPG along Yangtze River basin, thereinto, ship team includes nearly 100 ships with transportation capacity of container ships ranked the fifth in domestic region and shipping lines covering the whole Yangtze River basin; Company maintains long term cooperation relation with each large shipping company in the world. Its port resources include Chongqing, Wuhan, Jiujiang, Nanjing, Jiangyin, Changsha, Yibin and so on main ports along Yangtze River basin with large logistics parks and warehouses established at some of the ports, so as to provide high quality service for each branch company and general customers. 
SIPG became a shareholder of Belgium Zeebrugge Port Company on last Friday, took the first step in its overseas strategy successively; While as one of the three strategies of SIPG, Yangtze River Strategy is the same as overseas strategy and Northeast Asia strategy.
Chen Xuyuan told reporter of this newspaper that under the background of surplus production capacity, SIPG must transform mode of increase, further enhance structural and resource layout adjustment; While establishment of Yangtze River Company is just on account of this consideration. “After establishment of Yangtze River Company, we intend to build rapid logistics channel along Yangtze River basin, provide integration logistics service for customers, assist customers and partners to enhance market competitiveness depending on resource of Shanghai homeport and taking shipping as main line, logistics as support and wharf as base, so that SIPG can not only become operator of ports and wharfs, but also can be developed into excellent logistics operator.”