Yangtze River Development (NASDAQ: YERR) is primarily engaged in real estate development with a port logistic project located in the middle reaches of the Yangtze River. Wuhan Newport is a large infrastructure development project implemented under China’s latest “One Belt One Road” initiative and is strategically positioned in the “Free Trade Zone” of the Wuhan Port, a crucial trading window between China, the Middle East and Europe. Upon project completion, the logistics center will house six operating zones, including port operation area, warehouse and distribution area, cold chain logistics area, rail cargo loading area, exhibition area and residential community. It will also provide shipping berths for cargo ships of various sizes. The project will include commercial buildings, professional logistic supply chain centers, direct access to the Yangtze River, Wuhan-Xinjiang-Europe Railway and ground transportation, storage and processing centers, IT supporting services, among others. For more information, visit the company’s website at www.yerr.com.cn
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