Original disclosure @ IFC website
Updated in EWS Apr 14, 2023
Disclosed by Bank Aug 5, 2022
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According to the Bank’s website, Yunda Holdings Co., Ltd. is a customer-centered, leading logistics and supply chain solution provider in China, which offers integrated delivery and logistics solutions and which is publicly listed on the Shenzhen Stock Exchange. The Company operates 76 self-owned sorting hubs and logistics warehouses nationally under 600 plus subsidiary companies wholly owned by Yunda, and its express delivery network covers 96.56% of counties and 97.87% of townships across China. Its local express package network includes 32,274 local delivery outlets nationwide, which are owned and operated by about 3,893 third party franchisees. In 2021, the 3,893 franchisees engaged about 181,000 third-party couriers who drive electric scooters to undertake last-mile (i.e. in local cities, towns, and rural townships) package pickup and delivery work. The Company has its own transport fleet and contracts with third party transport service providers who in turn hire and manage long haul truck drivers. Yunda also contracts with a number of labor intermediaries who supply seasonal workers (in addition to Yunda’s own direct workforce) to undertake front line package handling and logistical work at its sorting facilities during periods of peak business demands.
The proceeds of the loan provided by IFC shall be used as capital expenditure (CAPEX) in the express service network, cold chain, and other logistics infrastructure, including but not limited to distribution centers and warehouses in Western and Central China in Yunnan Province (Yiliang), Inner-Mongolia Autonomous Region, and Xi’an City (Shaanxi Province), and in transportation vehicles, as well as permanent working capital.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Yunda Holding Co., Ltd.
Ms. Liu Si Tong
Capital and Securities Department
+81 (21) 39296789
6679 Yinggangdong Road, Qingpu District, Shanghai, China
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