Best Logistics

completed

The Project is to support the equity capital increase of Best Logistics Technologies Limited (Best Logistics, or the Company), a private provider of express, less-than-truckload (LTL) freight, and supply chain management services focused on e-commerce, to finance the Company’s growth plan prior to a future IPO.Best Logistics was established in 2007, and entered into the express and LTL freight industry in 2010 and 2012 respectively. The Company’s logistics service covers all geographical regions in China with an operation network including around 400 distribution centers and 1 million square meters warehouses. Best Express handles around 6 million parcels per day on average. Best Freight transports and delivers around 6,400 tons per day on average. Best Supply Chain provides 3PL supply chain management service to around 200 business customers. In addition to the three major business units mentioned above, the Company also provides financing for supply chain vendors (Best Capital), provides cross-border e-commerce logistics services (Best Global), and last-mile community services (Best Store), to enable the growth of its ecosystem and improve efficiency of logistics services.