On the morning of July 25, the Shanghai Municipal People's Government held a certification ceremony for MNC’s regional headquarters and R&D centers, in which Gong Zheng, Deputy Secretary of the Municipal Party Committee and Mayor of Shanghai, awarded certificates to regional headquarters and R&D centers of multinational corporations, and Hua Yuan, Vice Mayor of Shanghai, delivered a speech. Deputy Mayor Chen Shuai attended the certificate awarding ceremony on behalf of Hongkou District Government.
At the ceremony, Isewan (Shanghai) International Freight Forwarding Co., Ltd. was awarded the Shanghai Regional Headquarters of Multinational Corporations, and WallTech (China) Co., Ltd. awarded the Foreign Investment R&D Center certificate.
Isewan (Shanghai) International Freight Forwarding Co., Ltd. was established in 2014, mainly engaged in international freight forwarding, customs clearance, warehouse storage, domestic freight forwarding, loading and unloading, and NVOCC business. The enterprise was recognized as a regional headquarters of multinational companies by the Municipal Commission of Commerce in 2022. The parent company is Isewan Shipping Co., Ltd, a listed company in Japan, founded in 1949 and headquartered in Nagoya, Japan. For more than half a century, the company has become a reliable port transportation company by providing one-stop services for all kinds of cargoes by sea, air, and land, centering on the Port of Nagoya. 2020, the company was ranked sixth among the companies in the port transportation industry in Japan. We have 12 branches and more than 1,200 employees worldwide.
Established in 2013, WallTech (China) Co., Ltd. is an industry-leading SaaS platform development and software service provider for cross-border logistics and supply chain management. The company was recognized as a municipal foreign-funded R&D center by the Municipal Commission of Commerce in 2023. After more than a decade of steady development, WallTech has built a cloud service product matrix based on two platforms: CargoWare for international freight forwarding services and eTower for cross-border eCommerce logistics collaboration services. The parent company is WallTech Limited, founded in 2009, which is a Hong Kong enterprise deeply engaged in the field of science and technology.
In recent years, Hongkou District is committed to accelerating the shaping of the advantages of an open economy, in all kinds of initiatives to promote the development of the region's headquarters. Currently, there are 92 high-capacity headquarters and foreign-funded R&D centers in the district. District Business Committee will continue to strengthen the support for multinational groups to set up headquarters-type enterprises, deepen the region's high level of opening up to the outside world, and promote the high-quality development of headquarters economy.
