The company was founded on November 28, 1997, and listed on the Shanghai Stock Exchange on January 15, 1998. Since its establishment, the company has made full use of its location advantages based in Shanghai, serving the Yangtze River Delta, Yangtze River Economic Belt, and the whole country; it has insisted on asset equity allocation and operation in terms of business positioning, and continuously optimized its asset structure. The company's business is divided into modern logistics, meteorological technology and other industrial investments. The company's main products are modern logistics sector, meteorological technology sector, long-term rental apartment sector, and resource investment.