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SDIC Chuangyi-invested Log56.com is Awarded 2021 Top One Digital Platform of Freight Transportation by China Federation of Logistics & Purchasing

2021-12-02

China Logistics & Purchasing magazine under China Federation of Logistics & Purchasing has recently released the top 10 firms in five segmented categories of the country's logistics industry in 2021. Logory Logistics Technology Co., Ltd. ( Log56.com) with investment from SDIC Chuangyi was awarded top one for its digital freight transportation platform.

Log56.com is a pioneer in the “internet + logistics” industry in China and one of the first group of experimental enterprises of “carrier without trucks”. The company is committed to building a sound logistics ecosystem in the country. Log56.com has been appraised by the Ministry of Industry and Information Technology, the National Development and Reform Commission and the Ministry of Commerce as the country's demonstration platform of public service of small- and medium-sized enterprises, a nationwide demonstration enterprise of intelligent logistics distribution and transportation, and a national little giant enterprise with professional, special and new services.

Log56.com is one of the largest and most influential digital freight transportation platforms in China. By the end of June 2021, Log56.com had more than 4 million individual truck members and over 70,000 logistics or manufacturing company users nationwide, which own more than 80% of the country's total heavy duty trucks. Its online GTV surpassed 3.5 billion yuan RMB per month. Its Truck Community is the largest O2O community for professional truckers in the country, with 2.5 million members, and provides services including transaction, insurance, credit, maintenance and rescue, etc to community members.

In January 2021, SDIC Chuangyi successfully invested in Log56.com. The funds are used to help Jinzhai County, Anhui Province, and Suide County, Shaanxi Province to get rid of poverty. It is learned that Log56.com has applied to be listed in the Hong Kong Stock Exchange, likely to become the first digital freight transportation platform to be listed in the Hong Kong Stock Exchange.

 

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