SITC International Holdings Co. Ltd. and Hisense have announced the successful establishment of a joint venture, SITC Logistics Asean (Thailand) Company Limited, during a signing ceremony held in Bangkok, Thailand on September 23, 2025. This new venture marks a significant milestone in their strategic collaboration within Asean countries, following the creation of SITC Logistics (Vietnam) Company Limited in 2024. The joint venture aims to leverage SITC's advanced logistics operations and Hisense's supply chain expertise to develop an international, professional, and intelligent supply chain logistics platform. It will also focus on expanding into external markets, supporting the dynamic manufacturing sector in Thailand, and enhancing supply chain efficiency for a broader customer base.