On 29th November 2016, PACTL Nantong Xingdong Airport Cargo Terminal Co., Ltd. (hereinafter refer to as “PACTL NTG”) was officially founded with an agreement signed between Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) and Nantong Xingdong Airport Co., Ltd.

With a registered capital of RMB 18 million by two shareholders Nantong Airport (51%) and PACTL (49%), PACTL NTG plans to complete registration by the end of this year. In the initial stage, in addition to cargo terminal services, PACTL NTG will also provide services of passenger baggage handling, aircraft loading and unloading as well as freight forwarding services.