China Hualiang Logistics Group Company (hereinafter referred to as Hualiang Logistics Company) is a large state-owned grain logistics enterprise funded by the State Council. It is jointly managed by the National Development and Reform Commission and the Ministry of Finance in conjunction with the the State Council State-owned Assets Supervision and Administration Commission and the State Grain Bureau, and the grain purchase and sale business is guided by the National Development and Reform Commission, the Ministry of Finance, the State Grain Bureau and the China Agricultural Development Bank. Separate planning is carried out in national planning and finance. In August 2006, it was registered with the State Administration for Industry and Commerce with a registered capital of 4.755 billion yuan.

201April 10, the State Council State-owned Assets announced that, with the approval of the State Council, China Hualiang Logistics Group Company was handed over to the State-owned Assets Supervision and Administration Commission of the State Council (hereinafter referred to as SAAC) for management, and SAAC performed the investor's duties on behalf of the State Council.