Core Insights - Shengfeng Development Limited has announced a multi-year strategic partnership with Contemporary Amperex Technology Co., Limited (CATL), valued at approximately 300 million RMB ($42 million USD), aimed at enhancing CATL's global clean energy supply chain and solidifying Shengfeng's leadership in China's new energy logistics sector [1][2]. Group 1: Partnership Overview - The partnership, initiated in March 2025, leverages Shengfeng's expertise in large-scale smart logistics infrastructure, particularly through the Ningde Shengfeng Smart Logistics Center, which has been operational since late 2024 [2]. - Shengfeng will manage the nationwide transportation and distribution of CATL's battery components and finished products, utilizing proprietary technologies to improve supply chain efficiency and reliability [2][5]. Group 2: Strategic Value and Innovation - The partnership is seen as a convergence of vision and capability, integrating Shengfeng's intelligent logistics platform with CATL's energy technologies to redefine sustainable supply chain practices [3][4]. - Both companies are committed to environmental stewardship and are focused on accelerating the transition towards low-carbon supply chains across various industries [4]. Group 3: Market Position and Future Directions - Shengfeng's extensive network, covering 382 cities across 32 provinces, complements CATL's production and distribution capabilities, positioning Shengfeng as a preferred logistics partner in the new energy sector [5][7]. - The partnership also aims to explore collaborative innovations in next-generation logistics technologies, including pilot programs for smart transportation systems [6].