Lyon: The strategic cross shareholding between Liehe Rabbit and SF Express can enhance the development of overseas business.
Lyon released a research report stating that Jitu Express-W and SF Holdings have announced a strategic equity cooperation, with both parties issuing new shares to each other, involving a total of 8.3 billion yuan. This cooperation will be an important step for both companies in business development and will help drive the development of overseas business, which is a key growth engine. It is expected that further cooperation will enhance the logistics capabilities of both parties in overseas markets.
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