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Feiliks and Hainan Logistic Group Reached Strategic Cooperation

Hainan Province is a key area of China’s “the Belt and Road” policy. Hainan Free Trade Port established under the “dual circulation” development pattern, is about to be completed and operated, and it will definitely become an important node of entrepot trade in China and even the world in the future. Hainan Logistic Group Co., Ltd is a diversified state-owned wholly-owned enterprise, which is directly supervised by the Hainan Provincial State-owned Assets Supervision and Administration Commission. As a provincial-level logistics enterprise, it was founded when the Hainan Free Trade Port was about to be completed and operated, with the mission of filling the gaps in logistics infrastructure, unblocking logistics transportation channels inside and outside the island, and reducing logistics costs of the province.

Recently, Chairman Yao Qin and Vice Chairman Wu Youyi of Feiliks led a team to visit Hainan Logistic Group Co., Ltd, and had multiple rounds of in-depth exchanges with Chairman Liu Hairong and other relevant managers of Hainan Logistic Group Co., Ltd. The two sides reached a consensus on cooperation and signed a strategic cooperation framework agreement.

After signing the strategic cooperation framework agreement, both parties will jointly create intermodality high-quality logistics products centered on road-railway and river-railway, forming a platform based development, and reducing costs and increasing efficiency. At the same time, they will focus on advantageous resource industries such as bulk commodities, duty-free commodities, and commercial vehicles on the island, and expand horizontally. They will jointly build railway-river combined transportation products such as coastal shipping around the Beibu Gulf Economic Zone and railway trains along the New Western Land-sea Corridor, and will combine warehousing and distribution resources to create integrated services for warehousing, trunk line and terminal distribution, and conduct innovative research and practice based on business scenarios, customer needs, and future trends.

Feiliks has accumulated thirty years of experience in the supply chain, and its mature network resources and service capabilities can complement Hainan Logistic Group Co., Ltd. Both sides will further utilize their core advantages to build a logistics ecosystem together. And they will strengthen comprehensive cooperation in market co-development, information sharing, resource pooling, platform co-construction, and ecological integration, and comprehensively improve the level of customer service and logistics efficiency.


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