On January 9, GELONGHUI reported that Sinotrans Limited (601598.SH) disclosed the investment relationship activity record, showing that Sinotrans Limited currently has its own overseas network covering 43 countries and regions, with 68 self-operated outlets globally, providing customers with logistics services accessible worldwide. In terms of overseas warehousing resources, the company has approximately 0.4 million square meters of its own warehouses in Southeast Asia, the Middle East, and the Eurasian Silk Road region. A well-established overseas network and landing operation capabilities assist the company in developing global end-to-end logistics services. In the future, the company will continue to arrange its overseas network in various ways, combined with business needs and development strategy.
The company's future merger and acquisition targets will focus on regions such as Southeast Asia and Latin America, mainly concerning symbols that can effectively supplement the company's overseas end network and enhance overseas local operational capabilities. However, mergers and acquisitions depend on factors such as market conditions and negotiation progress, which possess uncertainty.
