Core Viewpoint - Shentong Express has completed the acquisition of Zhejiang Daniao Logistics Technology Co., Ltd., enhancing its logistics capabilities and positioning in the market [1] Group 1: Acquisition Details - The acquisition was announced on July 25, with Shentong Express planning to purchase 100% of Daniao's shares for cash [1] - Daniao is a key operational entity under Cainiao, providing advanced delivery services such as same-day and next-morning delivery across the country [1] Group 2: Strategic Implications - Following this transaction, Shentong Express will become the only express logistics group in China with both franchise and direct-operated networks [1]

Core Viewpoint - Shentong Express has completed the acquisition of Zhejiang Daniu Logistics Technology Co., Ltd. for a total transaction price of 362 million yuan, enhancing its logistics capabilities in the express delivery sector [2]. Company Summary - Shentong Express announced the acquisition of 100% equity in Daniu on July 25, with the transaction valued at 362 million yuan [2]. - Daniu operates as the logistics service provider under Cainiao, offering reliable delivery services such as same-day and next-morning delivery across the country [2]. Industry Summary - The acquisition is expected to strengthen Shentong Express's position in the competitive express delivery market by integrating Daniu's established logistics network [2]. - Daniu's services include high-certainty fulfillment options, which align with the growing demand for efficient logistics solutions in the e-commerce sector [2].