29 May 2006
|YCH has just been ranked 14th largest importer in China this year. Concurrently, it is also the top Importer in Tianjin, having handled USD 3.3 billion of imports in 2005. Other multinational conglomerates that have also made it to the first few places in the Top Importers' list include Samsung Electronics, Toyota, LG, Intel and Dell.
Earlier last month, YCH was also accorded the Tianjin Top 50 Exporters 2005 award for the second consecutive year. Since being incepted in 2004 into this prestigious list, which recognizes leading Enterprises who are significant contributors to trade activities in Tianjin, YCH is the only Foreign Logistics and SCM company privileged to be bestowed the award. Even though the award recognizes the USD 76.4 million of exports in 2005 from Tianjin, in fact YCH activities in the FTZ have reached a new high, growing 266%, from handling USD1.37 billion of exports in 2004 to USD3.65 billion in 2005.
Since the opening of the 3.3ha China flagship DistriPark in Tianjin in 2004, YCH Tianjin has seen remarkable growth. With plans already in motion to further invest in a 5.2ha Airport Logistics Park and another 4.6ha Bonded Logistics Park, YCH is poised to leverage its position in Tianjin to better serve its existing and potential World-class customers in China.
For media enquiries, please contact:
YCH Corporate Communications
Mr Andrew Seah /Ms Tien Yushan at Tel: (65) 6417 2772 / 3, Email: firstname.lastname@example.org