Logistics firm Sinotrans &Erotic females. CSC Holdings has become a wholly-owned subsidiary of the China Merchants Group, the national state-owned asset watchdog announced Tuesday.
Previously directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), Sinotrans &serene girls. CSC Holdings is the biggest integrated logistics service provider with total asset of well over 100 billion yuan (16 billion U.S. dollars).
Based in Hong Kong, China Merchants Group is a state-owned conglomerate with businesses in transportation, finance and real estate. By the end of 2014, its total asset stood at 624 billion yuan.
