SeeThruEquity recently issued a company update and raised its price target to $13.25 on shares of Yangtze River Development Ltd. (NASDAQ: YERR). Among other highlights, the analyst notes the company’s uplisting to the Nasdaq Capital Market on April 19, 2017. The analyst believes this demonstrates a successful execution of a significant corporate milestone, and delivers on management’s goals from 2016.
For more information, visit www.yerr.com.cn
About Yangtze River Development Limited
Yangtze River Development Limited primarily engages in the business of real estate development with a port logistic project located in the middle reaches of the Yangtze River. Wuhan Newport is a large infrastructure development project implemented under China’s latest “One Belt One Road” initiative and is strategically positioned in the “Free Trade Zone” of the Wuhan Port, a crucial trading window between China, the Middle East and Europe. To be fully developed upon completion of three phases, within the logistics center, there will be six operating zones, including port operation area, warehouse and distribution area, cold chain logistics area, rail cargo loading area, exhibition area and residential community. The logistics center is also expected to provide a number of shipping berths for cargo ships of various sizes. Wuhan Newport is expected to provide domestic and foreign businesses a direct access to the anticipated Free Trade Zone in Wuhan. The project will include commercial buildings, professional logistic supply chain centers, direct access to the Yangtze River, Wuhan-Xinjiang-Europe Railway and ground transportation, storage and processing centers, IT supporting services, among others.
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