According to the inquiry, Jiangsu Port Group Co., Ltd. is a provincial state-owned enterprise, which was established on 20 17-05- 18. The business scope covers port operation and management, port infrastructure construction, ocean, coastal, Yangtze River and inland river shipping, land cargo transportation, warehousing and logistics, commodity trading, port and shipping supporting services, storage and utilization of coastal and land resources along the Yangtze River, port industry investment, asset management related to rivers and seas, investment, management and operation of equity and funds. (Projects subject to approval according to law can only be operated after approval by relevant departments).