GUANGZHOU, China, Oct. 2, 2025 /PRNewswire/ -- On September 30, with just 40 days remaining before the opening of the 15th National Games of the People's Republic of China and the 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games, the "Official Vehicle Dispatch Ceremony for the 15th National Games" was grandly held at the Guangzhou Port Nansha Automotive Terminal.
At the event, Wang Shunsheng, Vice President of GAC INTERNATIONAL, and Zhao Peizhen, Vice General Manager of Guangzhou Port Nansha Automotive Terminal Co., Ltd., attended the ceremony and witnessed this important moment together. At the terminal, GAC INTERNATIONAL distinctively arranged the E9 PHEV and HYPTEC HT vehicles awaiting shipment to form a giant "GAC" logo, the fleet poised for departure. As Wang Shunsheng waved the flag to announce the start of dispatch, all 365 vehicles designated for the Games gradually boarded the ships for official shipment.
In this partnership, GAC leverages its innovative strengths in the field of automotive technology and provides comprehensive and high-quality vehicle support services for the events in Guangdong, Hong Kong, and Macau. A variety of GAC models, including models with multiple powertrains, flagship technology models, classic best-selling models, and family-oriented models, will be deployed to create a diversified and intelligent mobility matrix, meeting the transportation needs of various scenarios throughout the Games.
For the Hong Kong and Macau competition zones, GAC INTERNATIONAL has supplied tailored right-hand-drive models as official vehicles for the Games, including: 185 GAC E9 and 180 HYPTEC HT. Among them, 95 E9 PHEV intelligent new energy MPVs are provided to the Macau competition zone, and 90 E9 PHEV and 180 HYPTEC HT premium smart electric SUVs are provided to the Hong Kong competition zone.
On the eve of the National Day, as a leading enterprise in the Greater Bay Area, GAC continues to align with national strategies, actively fulfills its social responsibilities, and celebrates the 76th anniversary of the founding of the People's Republic of China with the "Official Vehicle Dispatch Ceremony for the 15th National Games."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
40 Days to the Opening! Official Designated Vehicle Dispatched to Hong Kong and Macau for the 15th National Games
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HONG KONG, Jan. 15, 2026 /PRNewswire/ -- J&T Global Express ("J&T Express" or "J&T", 1519.HK), a global leading integrated logistics service operator, and S.F. Holding Co., Ltd. ("SF Holding", 002352.SZ, 6936.HK) jointly announced today that they have entered into a strategic cross-shareholding agreement involving the mutual issuance of new shares, with an investment and transaction amount of HKD8.3 billion.
Pursuant to the agreement, J&T Express will issue 822 million Class B Shares to SF Holding at an Issue Price of HKD10.10 per share; simultaneously, SF Holding will issue 226 million H Shares to J&T Express at a Subscription Price of HKD36.74 per share. Upon completion, SF Holding will hold 10% of the issued shares of J&T Express as enlarged by the issuance, and J&T Express will hold approximately 4.29% of the issued shares of SF Holding as enlarged by the issuance.
This collaboration is designed to deeply integrate the resources of both industry leaders. The goal is to jointly construct a more extensive, efficient, and resilient global integrated logistics network, better positioning both companies to serve Chinese companies expanding overseas and adapt to the evolving landscape of the global e-commerce logistics market.
The cross-shareholding structure aims to unlock highly complementary strategic synergies. J&T brings its extensive last-mile network and localized operational experience across 13 countries, pairing effectively with SF Holding's core resources and mature operating systems in cross-border first-mile and line-haul. Together, the parties will enhance the network coverage and competitiveness of their end-to-end cross-border logistics solutions. In the China market, large complementarities in network resources, customer bases, product structures, and differentiated positioning will create broad opportunities to expand service boundaries.
In a joint statement, Mr. Jet Lee, founder of J&T Express, and Mr. Wang Wei, founder of SF Holding, noted that the two companies are long-standing strategic partners and that this cross-shareholding marks a major milestone, elevating their relationship from operational collaboration to a closer, mutually beneficial strategic partnership. They will work together to build a more efficient global smart logistics network, seize the historic opportunities created by Chinese enterprises going global and the rise of cross-border e-commerce, and deliver greater value to customers across global supply chains.
About J&T Express
J&T Express (1519.HK) is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its "customer-oriented and efficiency-based" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.
About SF Holding
S.F. Holding Co., Ltd. (002352.SZ; 06936.HK) is the largest integrated logistics service provider in Asia and the fourth largest globally, ranking 393rd on the Fortune Global 500 list. The company provides customers with comprehensive, end-to-end domestic and international logistics solutions. SF Holding boasts an extensive global service network, with its business covering approximately 200 countries and regions, and holds leading positions across multiple logistics segments. SF harnesses technology to empower customers in building secure and efficient smart supply chains, with the vision of becoming the well-respected and the world's leading digital intelligence logistics solution provider.
HONG KONG, Jan. 15, 2026 /PRNewswire/ -- J&T Global Express ("J&T Express" or "J&T", 1519.HK), a global leading integrated logistics service operator, and S.F. Holding Co., Ltd. ("SF Holding", 002352.SZ, 6936.HK) jointly announced today that they have entered into a strategic cross-shareholding agreement involving the mutual issuance of new shares, with an investment and transaction amount of HKD8.3 billion.
Pursuant to the agreement, J&T Express will issue 822 million Class B Shares to SF Holding at an Issue Price of HKD10.10 per share; simultaneously, SF Holding will issue 226 million H Shares to J&T Express at a Subscription Price of HKD36.74 per share. Upon completion, SF Holding will hold 10% of the issued shares of J&T Express as enlarged by the issuance, and J&T Express will hold approximately 4.29% of the issued shares of SF Holding as enlarged by the issuance.
This collaboration is designed to deeply integrate the resources of both industry leaders. The goal is to jointly construct a more extensive, efficient, and resilient global integrated logistics network, better positioning both companies to serve Chinese companies expanding overseas and adapt to the evolving landscape of the global e-commerce logistics market.
The cross-shareholding structure aims to unlock highly complementary strategic synergies. J&T brings its extensive last-mile network and localized operational experience across 13 countries, pairing effectively with SF Holding's core resources and mature operating systems in cross-border first-mile and line-haul. Together, the parties will enhance the network coverage and competitiveness of their end-to-end cross-border logistics solutions. In the China market, large complementarities in network resources, customer bases, product structures, and differentiated positioning will create broad opportunities to expand service boundaries.
In a joint statement, Mr. Jet Lee, founder of J&T Express, and Mr. Wang Wei, founder of SF Holding, noted that the two companies are long-standing strategic partners and that this cross-shareholding marks a major milestone, elevating their relationship from operational collaboration to a closer, mutually beneficial strategic partnership. They will work together to build a more efficient global smart logistics network, seize the historic opportunities created by Chinese enterprises going global and the rise of cross-border e-commerce, and deliver greater value to customers across global supply chains.
About J&T Express
J&T Express (1519.HK) is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its "customer-oriented and efficiency-based" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.
About SF Holding
S.F. Holding Co., Ltd. (002352.SZ; 06936.HK) is the largest integrated logistics service provider in Asia and the fourth largest globally, ranking 393rd on the Fortune Global 500 list. The company provides customers with comprehensive, end-to-end domestic and international logistics solutions. SF Holding boasts an extensive global service network, with its business covering approximately 200 countries and regions, and holds leading positions across multiple logistics segments. SF harnesses technology to empower customers in building secure and efficient smart supply chains, with the vision of becoming the well-respected and the world's leading digital intelligence logistics solution provider.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
