News & Information 2010
KWE Establishes a New Logistic Company in the Export Processing Zone of Yantai, China
KWE is pleased to announce that it has established a new company in the *export processing zone of Yantai, Shandong province, China which is now open for business.
KWE ahead of all its competitors expanded its operations into Yantai, Shandong province in September 2007 when Beijing Kintetsu World Express, Co., Ltd. (President: Toshimichi Inamura) opened a branch office there. However in line with the expansion of bonded distribution services, it became appropriate to newly establish a separate company within the Yantai export processing zone.
Under our medium-term 3-year management plan which commenced in FY2010, a stated goal is to strengthen our bonded distribution business in China. As in the past, KWE will continue to provide high quality bonded distribution services within China.
|Company Name||Yantai Kintetsu Logistics Co., Ltd.|
|Registered Address||Customs Bonded Warehouse,B Zone,YanTai Export Processing Zone, No.50-2,BeiJing Middle Road, YanTai E.T.D.Z,ShanDong Province P.R.C.|
|Date Established||May 15|
|Business||Warehouse operations within the export processing zone, general warehouse operations, packaging, customs clearance and other ancillary businesses.|
|Warehouse Floor Area||3,975m2|
* The Export Processing Zone is a bonded area that was established as a manufacturing hub for export use products to support commissioned processing and manufacturing companies. Simplification and computerization of the import and export procedures for bonded goods including parts, raw materials and finished products create high convenience value.