Xinzhongfu Shipping started its first voyage in 2012, and maintained steady growth from 2012 to 2019.
In 2020, the COVID-19 pandemic had a significant impact on the global economy. Due to pandemic prevention and control requirements, the company's major customers were forced to suspend or reduce production, resulting in a significant decline in the company's business volume.
2022 was a crucial turning point when FAW Logistics invested in Xinzhongfu Shipping. After the investment, the company conducted in-depth analysis of industry trends and market demand, accurately positioned its service guarantee level, and formulated scientific and reasonable operation strategies based on existing transportation resources. By optimizing the business structure and streamlining inefficient operations, it successfully achieved the dual goals of reasonable contraction of business scale and steady growth of profits, laying a solid foundation for high-quality enterprise development.