Core Viewpoint - The completion and handover ceremony of the SHEIN Bay Area West Smart Industrial Park marks a significant collaboration between Prologis and SHEIN, aimed at enhancing the smart supply chain matrix and cross-border e-commerce development in the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 1: Project Overview - The SHEIN Bay Area West Smart Industrial Park is Prologis's largest single development project to date and the largest customized project for a client [1] - The park serves as a smart supply chain hub, integrating intelligent sorting centers and order distribution centers, with a total construction area exceeding 600,000 square meters [1] - The facility includes 14 double-layer logistics warehouses and is designed to efficiently connect logistics buildings, fully aligning with SHEIN's automation equipment deployment and operational workflow needs [1] Group 2: Company Capabilities - Prologis, as a production service enterprise relying on infrastructure, leverages high-standard logistics facilities, customized development capabilities, and excellent management and operational services [1] - The company continuously supports clients in enhancing supply chain quality and efficiency, contributing to the high-quality development of new economic industries [1]

Core Viewpoint - SHEIN has officially completed the construction of the West Bay Area Smart Industrial Park in Zhaoqing, Guangdong, which is a significant step in enhancing its smart supply chain infrastructure and promoting digital transformation in the fashion industry [1][4]. Group 1: Project Overview - The West Bay Area Smart Industrial Park has a total investment of 3.5 billion yuan and covers an area of over 600,000 square meters, serving as a smart supply chain hub that includes intelligent sorting and order distribution centers [3][6]. - The facility is equipped with supporting amenities such as a staff cafeteria and an office complex, and it plans to have 14 double-layer logistics warehouses interconnected through efficient logistics channels [3][6]. Group 2: Environmental and Economic Impact - SHEIN plans to install solar photovoltaic panels with a capacity exceeding 24 megawatts, which is expected to reduce carbon emissions by over 10,000 tons annually [3][6]. - Once fully operational, the park is projected to achieve an annual service trade export value of 3.5 billion yuan and create employment for 20,000 to 30,000 people [3][6]. Group 3: Strategic Expansion - SHEIN is investing over 10 billion yuan to accelerate the establishment of a green smart supply chain system across cities in the Guangdong-Hong Kong-Macao Greater Bay Area, including Guangzhou, Zhaoqing, Foshan, and Jiangmen [3][6]. - In addition to the West Bay Area Smart Industrial Park, SHEIN is also rapidly developing supply chain warehouses in other cities, with a project in Zengcheng, Guangzhou, having commenced construction in September 2024, involving a total investment of 10 billion yuan and an expected annual export value exceeding 100 billion yuan upon completion [3][6].