Media Resouces
Mapletree and SF Express Collaborate to Expand Logistics Network in China
April 27, 2018

SHANGHAI – Mapletree Investments Pte Ltd (“Mapletree”) and SF Express Co., Ltd (“SF”), are pleased to announce the official signing of a Cooperation Framework Agreement on 24 April 2018. Under the Agreement, the two companies will establish a long-term strategic partnership to collaborate in the field of logistics network.

SF, the leading express delivery service provider in the People’s Republic of China with a comprehensive range of logistics solutions for its customers, is the first domestic courier service company in China to own a cargo aircraft. It currently has a fleet of 57 aircrafts to service millions of packages daily. SF has also ventured overseas, providing courier services to 53 countries. Its network for international parcels delivery covers 225 countries/areas worldwide, and is continuously looking to further expand its global business.

As a leading real estate development, investment and capital management company headquartered in Singapore, Mapletree’s logistics business has a global footprint in the key countries. In China, it currently has logistics properties spread across more than 20 cities, and is expanding its presence to cover more areas within the country. In this strategic partnership, Mapletree will provide quality solutions, and customisation of warehouse facilities, in order to meet SF’s business requirements.

 

[Left to right] Mr David Zheng, Head of General Affairs Centre, SF and Mr Lee Ark Boon, Chief Executive Officer, China Logistics Development, Mapletree

SF’s Head of General Affairs Centre, Mr David Zheng said, “As one of the leading courier service providers in China, SF is dedicated in providing our customers with fast, accurate, reliable, economical and quality delivery services. At the same time, we are also aggressively expanding our overseas business.”

“The good experiences while working with Mapletree on recent projects, as well as the strong support that Mapletree can provide with their established expertise in developing, managing and operating logistics facilities, prompted us to continue the strategic partnership. This will provide assurance to our business expansion, as well as ensuring our customers with quality services.”

 

SF’s Head of General Affairs Centre, Mr David Zheng (centre), with Mapletree’s Regional Chief Executive Officer, China, Mr Goh Chye Boon (fourth from left), Mapletree’s Chief Executive Officer, China Logistics Development, Mr Lee Ark Boon (fourth from right) at the signing ceremony

“Mapletree and SF have maintained a strong working relationship. Our recent joint projects had also shown win-win results for both parties. Mapletree’s extensive experience and insights in logistics real estate will support SF’s growth plans. At the same time, we aim to provide customers with an edge in the competitive logistics industry. We are also hopeful in broadening the cooperation scope, to leverage on Mapletree’s global resources and networks to support SF’s expansion plans,” said Mr Lee Ark Boon, Mapletree Chief Executive Officer, Logistics Development, China.

“China’s rapid growth in its domestic consumer market has further boosted the demand for high quality modern warehouse facilities. To meet this demand, Mapletree will continue to expand our presence in the China market.”

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MEDIA CONTACTS
Grace LEE 
Assistant Manager, Corporate Communications
Tel: +65 6377 6218
Email: grace.lee@mapletree.com.sg

Emmy LI
Associate Director, Public Relations & Marketing Communications, China
Tel: +86 21 2316 7788
Email: emmy.liyingyan@mapletree.com.cn

ABOUT SF EXPRESS

SF was established in 1993 in Shunde, Guangdong. SF Express gained the qualification to be listed on the A share market on December 12, 2016 with the approval of China Securities Regulatory Commission. On February 24, 2017, SF officially changed its name to SF Holding. Stock code 002352.

SF is one of China’s leading comprehensive service providers of express logistics and it aims to provide customers with integrated and comprehensive logistics solutions. In addition to providing high-quality logistics services at the distribution end, SF has also extended its services to front-end processes, including production, supply, marketing, and distribution, for the value chain. Based on customer requirements, utilizing big data analysis and cloud computing technologies, SF provides customers with integrated logistics services including warehousing management, sales forecasting, big data analysis, and settlement management.

SF is also an intelligent logistics provider with the advantage of network scale. Boasting its mass logistics networks at home and abroad, SF is an integrated logistics service operator with “Aviation network + Ground network + Information network”.

For more information, please visit www.sf-express.com.  

ABOUT MAPLETREE

Mapletree is a leading real estate development, investment and capital management company headquartered in Singapore. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistent and high returns across real estate asset classes.

Mapletree currently manages four Singapore-listed real estate investment trusts (REITs) and six private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, the United Kingdom (UK) and the United States (US).

As at 31 March 2017, Mapletree owns and manages S$39.5 billion of office, retail, logistics, industrial, residential, corporate housing / serviced apartment, and student accommodation properties.

The Group’s assets are located across 12 economies globally, namely Singapore, Australia, China, Germany, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

For more information, please visit www.mapletree.com.sg.