Business Intelligence on Retailing, Franchising, and Consumerism in China

S.F. Express Picks Up CITIC Capital Investment

Chinese express delivery company S.F. Express has gained major new partners via an equity investment from CITIC Capital's first renminbi-denominated fund.

As part of a consortium that includes Oriza Holdings and China Merchants Group, CITIC Capital Holdings Limited acquired a stake of no more than 25% in China's express delivery services company, S.F. Express (Group) Company Ltd. CITIC Capital entered into the transaction through its first renminbi-denominated fund named CITIC Capital (Tianjin) Equity Investment Partnership. Details of the transaction were not disclosed due to compliance of a confidentiality agreement.

S.F. Express is one of the leading privately-run express delivery services company in China, providing domestic and international delivery solutions to a wide array of domestic and international partners.

Headquartered in Shenzhen, S.F. Express has been providing domestic and international express delivery solutions to a wide array of customers since its establishment in 1993.

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