Apr. 28, 2012, New Jiyang signed the project of Gaoqiao Logistic Zone for Petrochemical Products in the district government office in Dantu, Zhenjiang. Secretary Chen Lin and other district government leaders, Chairman Ye and other group leaders took part in the signing ceremony.
Chairman Ye introduced the project: he thought building the Gaoqiao Logistic Zone for Petrochemical Products would promote the status of Dantu port as the big petrochemical port in Yangtze River, it would meet the logistic needs of Dantu Developing Zone and other petrochemical companies around the area, make the platform for the development of economic zone to push the economic development of Dantu area. New Jiyang would take this opportunity to give full play to the public ports advantages, take full advantage of existing sales network to expand the domestic and overseas market and downstream industry chain. We would set up the professional petrochemical products sales market to push the development of Dantu trade market. We predicted there would be the transfer ability of 5 million MT petrochemical products per year, processing ability of 200 thousand MT petroleum products and sales volumes of 20 billion RMB, making the IPO dream of New Jiyang come true.
Secretary Chen Lin said: nowadays, Dantu was promoting the big projects and cultivated big companies as the strong support for the industries transition, especially the shoreline resources of Yangtze River attracted many important logistics projects promoting the industry upgrade and optimizing the industry structures. New Jiyang was a strong group and invested 3 billion RMB to build the logistics zone with Yanhai Funds, it was a win-win decision, we welcome and would support this kind of excellent projects very much. The government would take the responsibility to serve the project to make sure it was operated smoothly. Gaoqiao town would make allocations scientifically and strengthen the coordination to complete the foundation before starting the project. The two parties signed in the project contract and set up the project team, this is the important milestone of the third entrepreneurship for New Jiyang