Jiangdu Bulk Commodities Port

In 2006, Prosperity International set up a joint venture with Anhui Conch Venture Investment Company Limited (stock code:0586), to develop a public port and warehousing service in Jiangsu Province, China. Prosperity International holds a 25% interest in the joint venture. The public port and warehouse was completed and commercial operations commenced in 2012.

Located in Jiangdu Economic Development Zone, this public port is one of the few deep water ports along the Yangtze River which provides inland waterway cargo transportation service and logistics transfer service. This public port has ten berths (with three berth docks able to accommodate 70,000 tonne vessels along deep water coastline of 795 metres, and seven berth docks for 5,000 tonne vessels) and a terminal storage area of approximately 340,000 square metres with stockpiling capacity of 3.5 million tonnes. The port has an annual throughput capacity of 20 million tonnes. The port operation handled approximately 10,483,000 tonnes of throughput in fiscal 2012-13, of which the bulk was coal.

With its modern equipment, the public port meets cargo handling needs requiring high quality logistics in Yangzhou and eastern China. It will also become a bulk cargo transshipment base for the upper reaches of the Yangtze River, servicing large steel mills, cement plants, power plants and companies engaged in the production of building materials and chemicals.