SHENGFENG DEVELOPMENT Ltd (SFWL)

SHENGFENG DEVELOPMENT Ltd is a common stock listing on the NASDAQ for Shengfeng Development Limited, a company based in Fuzhou, China. Through its subsidiaries, the group provides contract logistics services in the People’s Republic of China. Its business includes freight transportation for business customers, with both full truckload and less-than-truckload services, as well as warehouse-related solutions such as storage management, order processing, delivery coordination, in-warehouse handling, and inventory optimization. The company also provides additional logistics support and related services, including customs declaration, cash collection on delivery, packaging, shipment protection, and proof of delivery on returns. In addition, Shengfeng Development offers software engineering, supply chain management, and technical development services to clients across manufacturing, new energy, telecommunications, internet, fashion, consumer goods, publishing, agriculture, and e-commerce.

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