SF Holdings: to buy DHL Hongkong and DHL Beijing for 5 billion 500 million yuan


SF Holdings: to buy DHL Hongkong and DHL Beijing for 5 billion 500 million yuan

In order to further enhance the capability of integrated logistics solutions and improve the strategic layout of supply chain and contract logistics, Shunfeng Hong Kong has acquired 100% of Dunhao Hong Kong and 100% of Dunhao Beijing's shares for RMB 5.5 billion, according to a notice issued by Shunfeng Holdings in the afternoon of October 26.

According to the announcement, DHL Beijing and DHL Hong Kong are the main operators of DPDHL's supply chain business in mainland China, Hong Kong and Macao. Upon completion of the transaction, Shunfeng Hong Kong or its designated wholly-owned subsidiary will become the sole shareholder of Dunham Hong Kong and Dunham Beijing.


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