China Storage Development Co., Ltd., formerly known as Tianjin China Storage Trading Co., Ltd., was established in 1996 with the approval of China Securities Regulatory Commission Zheng Jian Zi (1996) No.378, and was listed on the Shanghai Stock Exchange on January 21, 1997. In November 1998, it was renamed as China Storage Development Co., Ltd., and Tianjin Administration for Industry and Commerce issued the business license of enterprise legal person with registration number of 13798. The company was initiated by six independent legal entities of Tianjin Company, a subsidiary of China Material Storage and Transportation Corporation, and converted into shares with its operating net assets. After the issuance, the total share capital was 51,63, shares, including 32,63, shares of promoters and 19,, shares of common stock raised by the society. After several rights issues and capitalization of capital reserve over the years, as of December 31, 26, the total share capital of the company was 62,677,782 shares. In 27, the company issued ordinary shares (A shares) to specific investors in two times: for the first time, China Storage Corporation holds all the rights and interests of six warehousing and logistics enterprises (hereinafter referred to as "six enterprises"), including Shenyang Zhongchu Logistics Center, Shenyang Hushitai No.3 Warehouse of China Material Storage and Transportation Corporation, Shenyang Tiexi No.1 Warehouse of China Material Storage and Transportation Corporation, Dalian Warehouse of China Material Storage and Transportation Corporation, Zhengzhou Zhongchu Material Distribution Center and Zhengzhou Zhongchu Nanyangzhai Warehouse. Holding 51% equity of Beijing Zhongwuchu International Logistics Technology Co., Ltd. (hereinafter referred to as "Beijing Zhongwuchu"), holding 8 land use rights in Tianjin, Chengdu and Xianyang, and cash of RMB 1,18,9. yuan to subscribe for 7,, ordinary shares (A shares) of the company, with an issue price of RMB 4.8 per share. On October 16th, 27, the company completed the share registration of the newly-increased registered capital and paid-in capital (shares) in China Securities Depository and Clearing Company. The restricted period of this non-public offering is 36 months (calculated from October 16, 27), and the expected time for listing and circulation is October 18, 21. For the second time, the company sent a letter to new china life insurance co Limited, Haifutong Fund Management Company, Bill &; Eight specific targets, such as Melinda Gates Foundation, Chengdu Tianxiang Real Estate Group Co., Ltd., Huaan Fund Management Co., Ltd., changjiang securities Co., Ltd., Beijing Capital Tire Co., Ltd. and Ningbo Bonded Area Hengye International Trade Co., Ltd., privately issued 46,3, shares of common stock (A shares) at an issue price of 8.6 yuan/share, and the actual net fund raised was 39,31,. yuan. On October 31st, 27, the company completed the share registration of newly-increased registered capital and paid-in capital (shares) in China Securities Depository and Clearing Co., Ltd. Shanghai Branch. The restricted period of this non-public offering of shares is 12 months (calculated from October 31, 27), and the expected time for listing and circulation is October 31, 28.