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Jayud Global Logistics Secures Partnership with Anker Innovations for Comprehensive International Logistics Services
Globenewswire· 2025-10-22 12:30
Core Insights - Jayud Global Logistics Limited has entered into a comprehensive annual agreement with Anker Innovations Limited to provide international freight logistics services, enhancing its role as a key logistics provider for Anker's global operations [1][3][5] Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services [6] - The company operates globally with logistics facilities in 12 provinces in Mainland China and 16 countries across six continents, offering a wide range of services including freight forwarding and supply chain management [6] Partnership Details - The agreement with Anker includes a variety of logistics services such as freight forwarding, cargo transportation, booking and tracking services, and customer support for product exception handling [3] - Jayud's expertise in lithium battery transportation and electronics logistics is particularly beneficial for Anker's product portfolio, which includes power banks and charging solutions [4] Strategic Importance - The partnership is seen as a significant milestone for Jayud, aligning with its strategy to serve major international technology brands and demonstrating its capability in handling complex logistics operations [5]
Munoth-CosMX joint-venture to ramp up lithium-ion manufacturing in India
The Economic Times· 2025-10-02 18:30
Core Insights - Multiple companies are establishing lithium-ion cell manufacturing plants to meet the increasing demand from contract manufacturers in the consumer electronics sector, including smartphones and laptops [6] Company Developments - Chennai-based Munoth Industries has entered a joint venture with China's Zhuhai CosMX Battery, which supplies batteries for Apple iPhones, planning an initial investment of ₹500 crore to expand its Tirupati campus [6] - Dixon Technologies has formed a wholly owned subsidiary, Dixon Electrocorp, to manufacture various electronic products, including lithium-ion batteries, with an investment of ₹500-600 crore for a new facility [4][6] - Japan's TDK Corporation has opened a new advanced Li-ion battery plant in Sohna, Haryana, with a production capacity of 200 million battery packs annually [6] Market Demand - India's mobile phone manufacturing industry requires approximately 30 million lithium-ion cells per month for both domestic consumption and exports, with domestic demand estimated at 8-10 million cells [5][6] Government Initiatives - The Indian government has launched a ₹22,000-crore Electronics Component Manufacturing Scheme (ECMS) to promote component manufacturing, offering 4-6% incentives for lithium-ion cells based on incremental sales turnover, but no capital subsidies are available for this segment [5][6] Joint Venture Structure - CosMX will hold a 26% stake in the proposed joint venture, Munoth Lithium Battery Pvt Ltd, with Munoth Industries [6]
TVCMALL at IFA 2025: A Leading One-Stop Mobile Accessories Wholesaler for Europe’s Retailers
Globenewswire· 2025-09-06 12:30
Company Overview - TVCMALL is a leading B2B wholesale platform specializing in mobile accessories, showcasing its offerings at IFA 2025 in Berlin [1][18] - The company has 17 years of experience and serves over 30 leading European retail webshops, providing a streamlined approach to sourcing and supply chain management [3][15] Product Offering - TVCMALL offers over 1 million SKUs, with 95% available with no minimum order quantity (MOQ) and 10,000+ new arrivals each week, allowing businesses to respond quickly to market trends [5][13] - The platform features innovative and eco-conscious products, including biodegradable phone cases and VR headset accessories, emphasizing sustainability [6][9] Services Provided - TVCMALL provides a full suite of integrated wholesale services, including real-time sourcing, flexible dropshipping, end-to-end customization, and supply chain enablement [6][12] - The company supports independent online sellers and retail chains with features like private labeling, packaging design, and AI-powered product recommendations [7][8] Strategic Partnerships - TVCMALL collaborates with high-value brands to showcase a diverse range of mobile accessories, enhancing visibility for both brands and buyers [9][10] - The company has established long-term partnerships with brands like DUX DUCIS, JOYROOM, and Lenovo, ensuring stable supply and quality [15] Market Positioning - TVCMALL positions itself as a one-stop wholesale solution, helping retailers save time and reduce costs while simplifying procurement processes [12][16] - The company aims to bridge global buyers with curated products, facilitating strategic procurement and unlocking new growth opportunities [8][19] Future Developments - TVCMALL is expanding its infrastructure and services to better support international customers, including localized service teams and overseas warehouses [20] - The company is committed to eco-friendly practices, including sustainable packaging and production methods, to meet growing market demands [20]
Smart Share Global Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company from Hillhouse
Globenewswire· 2025-08-15 20:15
Group 1 - Smart Share Global Limited, also known as Energy Monster, received a preliminary non-binding proposal from Hillhouse Investment Management to acquire all outstanding ordinary shares not already owned by Hillhouse or Management Members for US$1.77 per ADS or US$0.885 per share in cash [1] - The Company had previously entered into a definitive Agreement and Plan of Merger with Trustar Mobile Charging Holdings Limited, which includes key Management Members [2] - A special committee of independent directors is evaluating all options for the best interests of shareholders with the help of independent financial and legal advisors [3] Group 2 - Smart Share Global Limited is the largest provider of mobile device charging services in China, holding the number one market share [5] - The Company operates a network of 9.6 million power banks located in 1,279,900 points of interest across over 2,200 counties and county-level districts in China as of December 31, 2024 [5]