Smart Logistics (SLGB) news

ZTO Express-W connected transactions - acquisition of remaining shares in Tuxi Tech

ZTO Express-W has announced its intention to acquire the remaining shares in Tuxi Tech, a move that would fully consolidate the subsidiary under its ownership. The company has submitted a proposal to the board of directors for approval of the connected transaction, which is subject to regulatory…

Alibaba logistics unit Cainiao denies reports it will be disbanded

Alibaba Group has denied recent reports suggesting its logistics unit, Cainiao Smart Logistics Network, will be disbanded. The company clarified that it remains committed to developing Cainiao as a key strategic asset, emphasizing its role in supporting Alibaba’s e-commerce and global logistics…

Wuling Motors continuing connected transactions 2026-2028 smart logistics products framework pact

Midea launches 'Intelligent Factory Overseas Solution'

Midea Group has expanded its digital industrial capabilities with the launch of its "Intelligent Factory Overseas Solution," a modular and customizable offering designed to support global manufacturing enterprises in their digital and green transformation efforts. The solution is part of Midea’s…

Yankuang Energy - acquisition of equity interest in target companies

Yankuang Energy Group Company Limited (HK:1171) has completed a significant acquisition by securing a 51% equity interest in Shandong Energy Group Xibei Mining Co., Ltd. The transaction involved a cash payment of RMB4.748 billion for a 26% stake and an additional capital contribution of RMB9.318…