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Shengfeng Development Limited

1.01

+0.105011.67%

Volume:56.12K

Turnover:55.38K

Market Cap:82.91M

PE:7.62

High:1.03

Open:0.8998

Low:0.8998

Close:0.9000

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Overview Company News Filings

Shengfeng Development Limited Strengthens Strategic Alliance with CATL to Pioneer New Energy Logistics Solutions

Shengfeng Development Full Year 2024 Earnings: EPS: US$0.13 (vs US$0.13 in FY 2023)

Simply Wall St.

Returns Are Gaining Momentum At Shengfeng Development (NASDAQ:SFWL)

Simply Wall St.

Shengfeng Development completes Ningde Shengfeng Smart Logistics Center

Shengfeng Development Limited Announces Completion of the Ningde Shengfeng Smart Logistics Center, Primarily Servicing CATL

Shengfeng Development Limited Reports Revenue Grew From $6.7M To $13.9M YoY From China Post Group Corporation During The 2024 Double 11 Shopping Festival

Shengfeng Development Limited Reports 107.8% Revenue Increase From China Post Services During 2024 Double 11 Shopping Festival

THOMSON REUTERS

Shengfeng Development Limited Reports 107.8% Revenue Increase from China Post Services During 2024 Double 11 Shopping Festival

Shengfeng Begins Deliveries Joint Venture With Drone Manufacturer in China's Fujian Province

MT Newswires Live

Shengfeng Development announces joint venture with Fujian Fulai Aviation

Shengfeng Development Limited Announces Joint Venture With Fujian Fulai Aviation to Expand Low-Altitude Logistics Services

THOMSON REUTERS

Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services

Shengfeng Development Limited Enters China's Low-Altitude Logistics Sector

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The collaboration which is expected to be valued at approximately 300 million RMB , reinforces Shengfeng's pivotal role in advancing CATL's global clean energy supply chain and underscores its leadership in China's rapidly evolving new energy logistics sector.Initiated in March 2025, the Partnership builds on Shengfeng's expertise in large-scale smart logistics infrastructure, includingNingde Shengfeng Smart Logistics Center—one of the Company's flagship facilities operational since late 2024 . Designed with advanced automation and tailored energy storage solutions, the Center has become a cornerstone of CATL's regional operations. Pursuant to the agreement between Shengfeng and CATL, Shengfeng w","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/shengfeng-development-limited-strengthens-strategic-130000019.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/shengfeng-development-limited-strengthens-strategic-130000019.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4131","SFWL"],"gpt_icon":0},{"id":"2523691716","title":"Shengfeng Development Full Year 2024 Earnings: EPS: US$0.13 (vs US$0.13 in FY 2023)","url":"https://stock-news.laohu8.com/highlight/detail?id=2523691716","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523691716?lang=en_us&edition=fundamental","pubTime":"2025-03-29 20:14","pubTimestamp":1743250482,"startTime":"0","endTime":"0","summary":"Profit margin: 2.2% . The decrease in margin was driven by higher expenses.These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.NasdaqCM:SFWL Earnings and Revenue History March 29th 2025. All figures shown in the chart above are for the trailing 12 month  period. Shengfeng Development shares are down 3.0% from a week ago.It is worth noting though that we have found 2 warning signs for Shengfeng Development (1 is a bit unpleasant!) that you need to take into consideration.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/shengfeng-development-full-2024-earnings-121442874.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SFWL"],"gpt_icon":0},{"id":"2513531247","title":"Returns Are Gaining Momentum At Shengfeng Development (NASDAQ:SFWL)","url":"https://stock-news.laohu8.com/highlight/detail?id=2513531247","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513531247?lang=en_us&edition=fundamental","pubTime":"2025-02-23 22:18","pubTimestamp":1740320316,"startTime":"0","endTime":"0","summary":"If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed  and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, we've noticed some promising trends at Shengfeng Development  so let's look a bit deeper.For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Shengfeng Development is:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . So, Shengfeng Development has an ROCE of 8.5%.  Ultimately, that's a low return and it under-performs the Logistics industry average of 13%.Check out our latest analysis for Shengfeng Development. Since virtually every company faces","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/returns-gaining-momentum-shengfeng-development-141836853.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NVIW.SI","BK4585","NQmain","USAW.SI","SQQQ","QID","TSYW.SI","IE00BGHQF748.EUR","LU2210150020.SGD","QLD","USJW.SI","EBIT","PSQ","BK4112","BK4131","IE00BKPKM429.USD","BK4588","SFWL","LU2095319765.USD",".IXIC","LU2210149790.SGD","IE00B3QW5Z07.USD","IE00B64PRP62.GBP","NDAQ","TQQQ","MNQmain"],"gpt_icon":1},{"id":"2492847491","title":"Shengfeng Development completes Ningde Shengfeng Smart Logistics Center","url":"https://stock-news.laohu8.com/highlight/detail?id=2492847491","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492847491?lang=en_us&edition=fundamental","pubTime":"2024-12-18 22:51","pubTimestamp":1734533467,"startTime":"0","endTime":"0","summary":"Shengfeng Development (SFWL) announced the completion of the Ningde Shengfeng Smart Logistics Center, a facility that will be primarily used to ser...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/shengfeng-development-completes-ningde-shengfeng-smart-logistics-center?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/shengfeng-development-completes-ningde-shengfeng-smart-logistics-center?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4131","SFWL"],"gpt_icon":0},{"id":"2492182749","title":"Shengfeng Development Limited Announces Completion of the Ningde Shengfeng Smart Logistics Center, Primarily Servicing CATL","url":"https://stock-news.laohu8.com/highlight/detail?id=2492182749","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492182749?lang=en_us&edition=fundamental","pubTime":"2024-12-18 22:45","pubTimestamp":1734533100,"startTime":"0","endTime":"0","summary":"The Ningde Center was constructed with a total investment of approximately RMB 244.59 million andspans 47,423 square meters with a total building area of 59,442.71 square meters. This facility is designed to integrate warehousing and distribution, providing logistics solutions for CATL and its supply chain partners.TheNingde Center advances Shengfeng's efforts in enhancing its operational capabilities and solidifying relationships with key clients likeCATL. By catering to CATL's logistics needs and those of the broader industrial chain, theNingde Center is expected to attract new business opportunities, thereby strengthening Shengfeng's position as a leader in smart logistics in China.\"This milestone marks a significant step in Shengfeng's growth strategy,\" said Mr. Yongxu Liu, Chairman and CEO of Shengfeng. \"The completion of the Ningde Center, which serves CATL and other clients, highlights the Company's ongoing commitment to providing innovative and efficient logistics solutions. It","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/2QrCmSrtIXEYejxwJ8RQ_A--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/bc3bb698d82b392b4d641ecabd797fe5","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/2QrCmSrtIXEYejxwJ8RQ_A--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/bc3bb698d82b392b4d641ecabd797fe5"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/shengfeng-development-limited-announces-completion-144500516.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/shengfeng-development-limited-announces-completion-144500516.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4131","SFWL"],"gpt_icon":0},{"id":"2486303880","title":"Shengfeng Development Limited Reports Revenue Grew From $6.7M To $13.9M YoY From China Post Group Corporation During The 2024 Double 11 Shopping Festival","url":"https://stock-news.laohu8.com/highlight/detail?id=2486303880","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486303880?lang=en_us&edition=fundamental","pubTime":"2024-11-25 22:47","pubTimestamp":1732546053,"startTime":"0","endTime":"0","summary":"Revenue grows from $6.7 million to $13.9 millionFUZHOU, China, Nov. 25, 2024 /PRNewswire/ -- Shengfeng Development Limited (&#34;Shengfeng&#34; or the &#34;Company&#34;) (NASDAQ:SFWL), a contract logistics company in","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/42165389/shengfeng-development-limited-reports-revenue-grew-from-6-7m-to-13-9m-yoy-from-china-post-group-cor","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SFWL","POST"],"gpt_icon":0},{"id":"2486080060","title":"Shengfeng Development Limited Reports 107.8% Revenue Increase From China Post Services During 2024 Double 11 Shopping Festival","url":"https://stock-news.laohu8.com/highlight/detail?id=2486080060","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486080060?lang=en_us&edition=fundamental","pubTime":"2024-11-25 22:45","pubTimestamp":1732545903,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241125:nTUA7JH31R:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SFWL","BK4131"],"gpt_icon":0},{"id":"2486103687","title":"Shengfeng Development Limited Reports 107.8% Revenue Increase from China Post Services During 2024 Double 11 Shopping Festival","url":"https://stock-news.laohu8.com/highlight/detail?id=2486103687","media":"PR Newswire","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486103687?lang=en_us&edition=fundamental","pubTime":"2024-11-25 22:45","pubTimestamp":1732545900,"startTime":"0","endTime":"0","summary":"FUZHOU, China, Nov. 25, 2024 /PRNewswire/ -- Shengfeng Development Limited  , acontract logistics companyin Chinaproviding customers with integrated logistics solutions, announcedtoday a 107.8% year-over-year increase in revenue generated fromChina Post Group Corporation during the 2024 Double 11 Shopping Festival.\"We are thrilled to report this substantial revenue growth during the Double 11 Shopping Festival,\" said Mr. Yongxu Liu, Chairman and CEO of Shengfeng Development Limited. \"Our strategic partnership with China Post Group Corporation and our commitment to delivering efficient logistics solutions have been instrumental in achieving this milestone. We look forward to continuing to support China's dynamic e-commerce landscape.\". This press release contains \"forward-looking statements.\"Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current exp","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/npxxRh4oddqrYo5AjK4QXA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/0a31f7c79e33f72cf66d9b124671c585","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/npxxRh4oddqrYo5AjK4QXA--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/0a31f7c79e33f72cf66d9b124671c585"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/shengfeng-development-limited-reports-107-144500167.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/shengfeng-development-limited-reports-107-144500167.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SFWL","POST"],"gpt_icon":0},{"id":"2484671121","title":"Shengfeng Begins Deliveries Joint Venture With Drone Manufacturer in China's Fujian Province","url":"https://stock-news.laohu8.com/highlight/detail?id=2484671121","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484671121?lang=en_us&edition=fundamental","pubTime":"2024-11-18 23:09","pubTimestamp":1731942566,"startTime":"0","endTime":"0","summary":"Shengfeng Development  said Monday its logistics subsidiary has started a joint venture with Fujian Fulai Aviation Technology to adapt the latter's self-flying drones for deliveries throughout China's low-altitude logistics sector.The company will maintain a 51% majority stake in Fujian Shengfeng Fulai Low Altitude Comprehensive Services, with an initial focus on deliveries into the more remote mountainous areas and island regions in Fujian Province.Shengfeng is also expecting it may collaborate with local governments to assist with forest fire prevention and monitoring using drone patrols as part of the joint venture.Shares of Shengfeng were up 2% in recent Monday trading.Price: 1.26, Change: +0.02, Percent Change: +2.03","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4185","JYNT","BK4131","SFWL"],"gpt_icon":0},{"id":"2484673066","title":"Shengfeng Development announces joint venture with Fujian Fulai Aviation","url":"https://stock-news.laohu8.com/highlight/detail?id=2484673066","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484673066?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:20","pubTimestamp":1731939653,"startTime":"0","endTime":"0","summary":"Shengfeng Development (SFWL) announced that on November 5, 2024, Shengfeng Logistics Group, a variable interest entity that the Company controls vi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/shengfeng-development-announces-joint-venture-with-fujian-fulai-aviation?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/shengfeng-development-announces-joint-venture-with-fujian-fulai-aviation?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SFWL","BK4131"],"gpt_icon":0},{"id":"2484734566","title":"Shengfeng Development Limited Announces Joint Venture With Fujian Fulai Aviation to Expand Low-Altitude Logistics Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2484734566","media":"THOMSON REUTERS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484734566?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:15","pubTimestamp":1731939304,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nTUA1WSNP1:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SFWL","BK4131"],"gpt_icon":0},{"id":"2484675665","title":"Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2484675665","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484675665?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:15","pubTimestamp":1731939300,"startTime":"0","endTime":"0","summary":"FUZHOU, China, Nov. 18, 2024 /PRNewswire/ -- Shengfeng Development Limited  , a contract logistics company in China providing customers with integrated logistics solutions, announced today that on November 5, 2024, Shengfeng Logistics Group, a variable interest entity that the Company controls via a series of contractual arrangements , forms a joint venture  with Fujian Fulai Aviation Technology Co., Ltd. . The new entity formed in respect of the Joint Venture, Fujian Shengfeng Fulai Low Altitude Comprehensive Services Co., Ltd., is expected to leverage Shengfeng Logistics's expertise in logistics with Fulai Aviation's drone technology to deliver drone-based logistics solutions across China's low-altitude logistics sector.Shengfeng Logistics holds a majority stake in the 51% in the Joint Venture, which is anticipated to affirm the Company's commitment to establishing a leadership role in this burgeoning field. The focus of the Joint Venture will be on providing tailored drone logistics","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/DCG59AI9QNkuQtKddd7dhw--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/2df479ed05d34ef8de8983b824a5a5e8","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/DCG59AI9QNkuQtKddd7dhw--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/2df479ed05d34ef8de8983b824a5a5e8"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/shengfeng-development-limited-announces-joint-141500990.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/shengfeng-development-limited-announces-joint-141500990.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["JYNT","SFWL","BK4131","BK4185"],"gpt_icon":1},{"id":"2482780525","title":"Shengfeng Development Limited Enters China's Low-Altitude Logistics Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=2482780525","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482780525?lang=en_us&edition=fundamental","pubTime":"2024-11-11 22:15","pubTimestamp":1731334500,"startTime":"0","endTime":"0","summary":"FUZHOU, China, Nov. 11, 2024 /PRNewswire/ -- Shengfeng Development Limited  , a contract logistics company in China providing customers with integrated logistics solutions, announced today a strategic expansion into the low-altitude economy in China. The Company believes this move will allow it to leverage its logistics expertise in an emerging field that integrates drone technology for streamlined, efficient logistics solutions across diverse sectors, particularly in high-demand and remote regions.\"Expanding into China's low-altitude economy is a natural step forward for Shengfeng as we continue to grow and innovate in response to market needs,\" said Mr. Yongxu Liu, the Company's Chairman and Chief Executive Officer. \"Our goal is to apply our logistics expertise and infrastructure to support critical industries in ways that enhance service capabilities and reach. We look forward to our role in advancing innovations in the low altitude economy. The low-altitude economy's growth is fuel","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/kxnr60D_rv6.MoOE43na9Q--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/762281f4562b6349a0d0eca6a623e7f8","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kxnr60D_rv6.MoOE43na9Q--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/762281f4562b6349a0d0eca6a623e7f8"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/shengfeng-development-limited-enters-chinas-141500124.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; 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