On October 25, China Post Group Corporation Limited (hereinafter referred to as China Post) and China National Heavy Duty Truck Group Co., Ltd. (hereinafter referred to as Sinotruk) signed a strategic cooperation framework agreement in Beijing. Chairman Liu Aili and President Zheng Guoyu of China Post, and Chairman Tan Xuguang of Sinotruk and his entourage had a talk and witnessed the signing of the agreement.

At the signing ceremony, Liu Aili introduced the basic information of China Post and the development of its major business segments. He stated that China Post and Sinotruk had maintained a close strategic partnership and carried out in-depth cooperation, especially in areas such as express and logistics, finance, and vehicle procurement. He hopes that both sides can further deepen comprehensive business cooperation, drive such win-win cooperation to even more fields, greater depth and higher standards, and achieve mutual development.

Tan Xuguang said, Sinotruk and China Post have a longstanding and good partnership. With the establishment of comprehensive strategic cooperation, the two sides will fully leverage their respective advantages to jointly construct platforms, share information and channels, and explore innovation in smart logistics and auto finance models. They will jointly create an ecosystem for the commercial operation of new energy vehicles, and make positive contributions to the transformation and upgrading and high-quality development of the industries.

According to the agreement, both parties will designate relevant departments to coordinate the implementation and refine the cooperation. Based on their respective strengths, they will carry out in-depth cooperation in market expansion, financial business, express and logistics, products and technology, as well as branding, business referral and client retention.