Three state-owned enterprises have jointly established Guangxi River-Sea Intermodal Terminal Co., Ltd., with registered capital of RMB 100 million.

According to corporate registration information cited in the report, Guangxi Pinglu Canal Construction Co., Ltd. holds a 51% stake, Beibu Gulf Port Co., Ltd. holds 39%, and Guangxi Free Trade Zone Qinzhou Port Area Development and Investment Group Co., Ltd. holds the remaining 10%.

The new company’s business scope covers port services, cargo handling, warehousing, railway-related services, supply chain management, port operations and domestic waterborne transportation.

The establishment comes ahead of the planned opening of the Pinglu Canal in September 2026. Industry analysis cited in the report suggests the new terminal company could provide the operating platform needed to handle cargo transfers between inland waterway vessels and seagoing ships once the canal enters service.