Shengfeng Development CEO Purchases 500,000 Class A Ordinary Shares in the Open Market
Shengfeng Development Limited - Class A Ordinary Shares (SFWL)
Company Research
Source: PR Newswire
FUZHOU, China, Oct. 24, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ: SFWL), a contract logistics company in China providing customers with integrated logistics solutions, today announced that Mr. Yongxu Liu, the Company's Chairman, Chief Executive Officer and the largest beneficial shareholder of the Company, has purchased 500,000 Class A ordinary shares of the Company in the open market at an average price of $1.289 per share (the "Shares").The purchases of Shares were made on October 14, 2024 and October 15, 2024."With our current position in China's logistics market, I'm confident in the Company's prospects, especially with the opportunities that we anticipate will emerge from the new energy sector," said Mr. Liu. "Additionally, I'm optimistic about our strategic expansion into cold chain logistics and cross-border logistics is expected to contribute to our future growth."About Shengfeng Development LimitedShengfeng Development Limited
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News
- Shengfeng Development Limited Announces Completion of the Ningde Shengfeng Smart Logistics Center, Primarily Servicing CATL [Yahoo! Finance]Yahoo! Finance
- Shengfeng Development Limited Announces Completion of the Ningde Shengfeng Smart Logistics Center, Primarily Servicing CATLPR Newswire
- Shengfeng Development Limited Reports 107.8% Revenue Increase from China Post Services During 2024 Double 11 Shopping Festival [Yahoo! Finance]Yahoo! Finance
- Shengfeng Development Limited Reports 107.8% Revenue Increase from China Post Services During 2024 Double 11 Shopping FestivalPR Newswire
- Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services [Yahoo! Finance]Yahoo! Finance
SFWL
Sec Filings
- 2/14/25 - Form SCHEDULE
- 2/14/25 - Form SCHEDULE
- SFWL's page on the SEC website