Ge Long Hui A P P·2026-01-15 00:31Core Insights - J&T Express and SF Express have announced a strategic mutual shareholding agreement involving a total investment of HKD 8.3 billion, aimed at enhancing their logistics capabilities and expanding their global network [1][2] Group 1: Shareholding Agreement Details - J&T Express will issue 822 million Class B shares to SF Express at a price of HKD 10.10 per share, while SF Express will issue 226 million H shares to J&T Express at a price of HKD 36.74 per share [1] - Post-transaction, SF Express will hold 10% of J&T Express, and J&T Express will hold 4.29% of SF Express [1] Group 2: Strategic Objectives - The collaboration aims to leverage both companies' strengths to build a more efficient and resilient global integrated logistics network, particularly to support Chinese enterprises in international markets and the evolving landscape of global e-commerce logistics [1] - The mutual shareholding is expected to enhance end-to-end cross-border logistics solutions by combining J&T's local operational advantages in 13 countries with SF's core resources in cross-border and trunk logistics [1] Group 3: Leadership Statements - The founders of both companies emphasized that this mutual shareholding marks a significant milestone in their long-standing partnership, transitioning from business collaboration to a tighter strategic alliance [2] - The partnership is positioned to capitalize on historical opportunities presented by Chinese enterprises going global and the growth of cross-border e-commerce, aiming to create superior global supply chain value for customers [2]