New Stock News | Shunyou Logistics Hong Kong Stock IPO prospectus becomes invalid

Shenzhen Shunyou Cross-border Logistics Co., Ltd. (hereinafter referred to as Shunyou Logistics) submitted its Hong Kong IPO prospectus on April 15 and it expired on October 15 after 6 months. When submitting the application, China Securities Co., Ltd. International acted as its sole sponsor. According to the prospectus, the company is a seasoned cross-border e-commerce logistics service provider, empowering cross-border e-commerce platforms and sellers through its foundation in mainland China and cross-border logistics network. The company was established in 2008, focusing on providing one-stop cross-border logistics services, with a large logistics network, tiered pricing, multiple delivery time options, and a wide range of transportable items. The company is rooted in the Pearl River Delta region (one of the most vibrant cross-border e-commerce regions in mainland China) and has operations in Shenzhen, Guangzhou, and Dongguan in Guangdong Province, Yiwu and Ningbo in Zhejiang Province, Suzhou in Jiangsu Province, as well as Hong Kong and the United States.