Do you make money by driving SF Express in Hainan?

Can make money. In addition to rich experience in international freight transportation, the company has been deeply involved in Hainan for many years and is the beneficiary of the current hot duty-free consumer market. Kerry Logistics established Hainan Branch as early as 1987, and occupied a significant market share, making it the largest freight forwarder in Hainan. In Hainan duty-free consumer market, Kerry Logistics Network has been the logistics partner of five of the six duty-free shopping malls in Hainan.

Although SF did not mention the Hainan market in the latest announcement, based on the above background, it is widely expected in the industry that SF's acquisition of the equity of Kerry Logistics is likely to be a share in the field of duty-free logistics on outlying islands.

On the evening of the 9th, SF Holdings also disclosed that it planned to raise no more than 22 billion yuan. Among them, it is planned to spend 6 billion yuan on the automatic upgrade project of express transportation equipment, 5 billion yuan on the new Hubei Ezhou civil airport transshipment center project, 3 billion yuan on the digital intelligent supply chain system solution construction project, 2 billion yuan on the land transportation capacity improvement project, 2 billion yuan on the aviation material procurement and maintenance project, and 4 billion yuan to supplement the working capital. Other express delivery methods.