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Global Logistic Properties unit acquires interest in logistics-services provider

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Global Logistic Properties unit acquires interest in logistics-services provider

Global Logistic Properties Ltd. said that a subsidiary acquired a 30% interest in logistics-services provider Minima (Beijing) Technology Co. Ltd.

The purchase was made through a subscription of equity interest totaling 9.0 million yuan.

As of Oct. 13, US$1 was equivalent to 6.5917 yuan.