关键字不能为空!

Enter

Homepage » News » SF Holdings Invested by JIC Investment Completes Its Back-door Listing

SF Holdings Invested by JIC Investment Completes Its Back-door Listing

2017-02-27

On February 24, SF Holdings (Group) Co. Ltd., from Ding Tai Xin Cai, rang the bell and completed its back-door listing on the Shenzhen Stock Exchange. The stock short name was also officially changed from Ding Tai Xin Cai to SF Holdings, and the total stock value even exceeded 230 billion yuan after the opening of the stock markets. SF Holdings was once financed by JIC Investment (a China Jianyin Investment Ltd. subsidiary) in 2013, which was its only financing before its listing.

An Shuai, the project leader in charge of the SF Holdings investment, said "JIC always makes investments following the upgrading of technology and consumption. The selection of SF Holdings as an investee is not only because of the importance of logistics in consumption services, but also in consideration of the distinction of SF Holdings from other courier firms. SF Holdings will most likely become a giant like FedEx or UPS in the Chinese market."

SF Holdings, an express delivery giant in China, enjoys industry-leading air express capability and advanced information technology systems. It also actively expands businesses in fresh food e-commerce, cross-border e-commerce, financial payments, unmanned aerial vehicles, and so on. In 2016, its operating revenue reached 57.48 billion yuan and 4.18 billion yuan was allocated to shareholders as net profit, up 112.5% over the same period last year.

 

Related reading

Homepage » News » SF Holdings Invested by JIC Investment Completes Its Back-door Listing