Shengfeng Development Limited Announces Completion of the Ningde Shengfeng Smart Logistics Center, Primarily Servicing CATL
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Shengfeng Development Limited (NASDAQ: SFWL) has completed the Ningde Shengfeng Smart Logistics Center, primarily servicing CATL. The facility, built with an investment of RMB 244.59 million, spans 47,423 square meters.
December 18, 2024 | 3:00 pm
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Shengfeng Development Limited has completed a major logistics center to serve CATL, potentially boosting its logistics capabilities and client service offerings.
The completion of the Ningde Shengfeng Smart Logistics Center is a significant development for Shengfeng Development Limited as it enhances their logistics infrastructure and strengthens their partnership with CATL, a major player in the battery manufacturing industry. This could lead to increased business opportunities and revenue for SFWL.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90