SF Express

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SF Holding Co., Ltd.
Company typePublic
IndustryAir Freight and Logistics
Founded1993 (1993)
FounderWang Wei
Headquarters
Shenzhen, Guangdong
,
China
Area served
Worldwide
ProductsInternational express delivery and logistics services
RevenueDecrease US$M 36,502 million (2023)[1]
Increase US$M 1,163 million (2023)[1]
Total assetsUS$M 31,206 million (2023)[1]
Number of employees
153,125 (2023)[1]
SubsidiariesSF Airlines
SF Supply Chain
SF Technology
SF Intra-city
Websitewww.sf-express.com
SF Express (Group) Co., Ltd.
Simplified Chinese顺丰速运（集团）有限公司
Traditional Chinese順豐速運（集團）有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinShùnfēng Sùyùn (Jítuán) Yǒuxiàn Gōngsī
SF Express
Simplified Chinese顺丰速运
Traditional Chinese順豐速運
Transcriptions
Standard Mandarin
Hanyu PinyinShùnfēng Sùyùn

SF Express (Group) Co., Ltd. is a Chinese multinational delivery services and logistics company based in Shenzhen, Guangdong.[2] It is the largest courier in China,[3] and provides domestic and international express delivery. SF Express has a fleet of 69 cargo aircraft, including 37 Boeing 757, 17 Boeing 737, 13 Boeing 767 and two Boeing 747 all-cargo freighters, which are owned by its subsidiary SF Airlines. As of 2018, it has transported around 2 million tonnes of cargo, since its operations began in 2009.[4]

The parent company of SF Express, SF Holding trade on the Shenzhen Stock Exchange, and it is a constituent of SZSE 100 Index.

History

In the early 1990s, factories in Shunde needed to get samples to Hong Kong–based buyers, but frequently had issues with long shipping delays. To speed up this process, founder Wang Wei established ShunFeng Express as a small courier service with six employees, launching in 1993[5] providing service between Hong Kong and Guangdong Province.

In January 2010, SF Airlines started scheduled cargo services, with 41 aircraft,[6] to provide services such as one-day and next-morning deliveries.[7]

In July 2017, SF Express used backdoor listing to begin trading on the Shenzhen Stock exchange, involving an asset swap with listed company Maanshan Dintai Rare Earth & New Materials Co.[8][9] SF Express was added as a constituent of SZSE 100 Index on 12 June 2017, effective on its first trading day.[10]

SF Express has opened at least 500 Heike[11] (Chinese: 嘿客)—an online shopping service community store, across all Chinese provinces—except for in Tibet and Qinghai. The company had plans to open 4,000 Heike stores nationwide in 2014.[12]

In February 2019, SF Express acquired the supply chain operations in China, Hong Kong and Macau from Deutsche Post DHL. Formed a new subsidiary as SF DHL Supply Chain China.[13]

SF Express operates one of the largest networks of self-service locker kiosks in Hong Kong with 939 kiosks in October 2020.[14]

See also

References

  1. ^ a b c d "S.F. Holding". Fortune Global 500. Fortune. Retrieved 2024-08-24.
  2. ^ He Wei (2 February 2013). "Quanfeng Express hits private investment road". China Daily. Retrieved 7 February 2013.
  3. ^ A delivery man just became one of the richest people in China, Independent, 1 March 2017, Retrieved 27 July 2017.
  4. ^ Liangyu (22 Dec 2018). "China's largest all-freighter airline sees fleet expand to 50". Xinhua. Archived from the original on December 22, 2018. Retrieved 23 Dec 2018.
  5. ^ "关于我们". htm.sf-express.com. Retrieved 2023-10-10.
  6. ^ SF Airlines (ShunFeng Airlines) Fleet Details and History Retrieved 27 July 2017.
  7. ^ "顺丰即日". logistics-monitor.com. Retrieved 2023-10-10.
  8. ^ "中国个股：顺丰作价433亿元借壳鼎泰新材上市，并配套融资80亿元". Reuters. 2016-05-23. Retrieved 2023-10-10.
  9. ^ 宋静丽. "SF Express set to complete listing in Shenzhen - USA - Chinadaily.com.cn". usa.chinadaily.com.cn. Retrieved 2017-02-24.
  10. ^ 关于调整深证成指、中小板指、创业板指、深证100等指数样本股的公告 (PDF) (Press release) (in Chinese (China)). Shenzhen Securities Information. 12 June 2017. Retrieved 1 November 2017.
  11. ^ "www.d-long.cn - 信息中心 - "嘿客"模式陷困局，10亿代价买来的惨痛教训有多少". www.d-long.com. Retrieved 2023-10-10.
  12. ^ "Business Markets SF Express expanding supply chain". www.wantchinatimes.com. Retrieved 24 July 2014.
  13. ^ "DEUTSCHE POST DHL GROUP AND SF HOLDING CONCLUDE LANDMARK SUPPLY CHAIN DEAL". Retrieved 18 February 2019.
  14. ^ "The state of e-commerce in Hong Kong, 2019-2020". Starlity. Retrieved 2020-10-02.
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