Jiahong Logistics won the first place in the “Top 30 New Stocks” in the 10th “Hong Kong Stock Top 100” selection

CN Logistics International Holding Limtied

Jiahong Logistics International Holdings Co., Ltd.

(Limited company incorporated in the Cayman Islands)

(Stock code: 2130)

[Hong Kong-February 27, 2023] Internationally renowned logistics solutions provider — Jiahong Logistics International Holdings Co., Ltd.$CN LOGISTICS (02130.HK)$(“Jiahong Logistics” or “the Company”, together with its subsidiaries, collectively, the “Group”, stock code: 2130) is pleased to announce that the Group won first place in the “Top 30 New Stocks” in the 10th “Hong Kong Top 100” selection, in recognition of the Group's strength as a semi-new capital market in the Greater China region.

The “Hong Kong Top 100” series of lists began in 2012. It was jointly initiated by Tencent and Caihua and hosted by the Hong Kong Top 100 Research Center. The aim was to select well-developed companies with investment value among Hong Kong main board listed companies to promote the healthy and prosperous development of the capital market and establish investment indicators for investors. The theme of this year's event is digital transformation, shared innovation value, and focuses on enterprises that have successfully transformed in the digital economy era. The judging committee selected the best listed companies through a series of data and scientific criteria, including indicators such as revenue growth, after-tax profit growth, and stock price increases. The Group scored the highest in the top 30 IPOs category and topped the list.

As a logistics expert focusing on luxury and high-end fashion, Jiahong Logistics is committed to providing customers with the highest quality one-stop supply chain solutions. The Group keeps pace with the times, grasps industry trends, continuously optimizes logistics and warehousing equipment to electronic management systems, and grows with customers to seize opportunities for business development. Since its launch in 2020, the Group has further strengthened its deployment and actively expanded its service base, including setting up branches in emerging Asian markets such as Malaysia and Vietnam to seize the huge business opportunities brought by regional economic development. The Group knows that innovation is the only way to maintain long-term competitiveness. In recent years, it has launched a one-stop green logistics solution to help customers save energy and reduce waste in daily operations, enhance resource reuse and recycling, and provide value-added services around carbon emission consulting, carbon footprint tracking and carbon neutrality to promote sustainable development while increasing customer stickiness. With the booming development of e-commerce, the Group has also successively launched e-commerce platforms “Tasting Shop” and “Jiahong. “Global Self-Purchase” increases the penetration of the terminal market and comprehensively expands the business.

Mr. Yan Tianrong, executive director and CEO of Jiahong Logistics, said: “We are very honored that the Group is at the top of the “Top 30 New Shares” list, which fully affirms the Group's significant development since its listing in 2020 and its overall competitiveness in the capital market. Looking ahead, in particular, Hong Kong and the Mainland have fully relaxed immigration controls. We will seize Hong Kong's advantages as a transportation hub within the Guangdong-Hong Kong-Macao Greater Bay Area, continue to consolidate the Group's leading position in high-end fashion logistics, explore more business development opportunities, provide customers with high-quality and reliable supply chain services, and strengthen the promotion of green businesses to actively support the sustainable development of the community. In the digital economy era, we will seize the opportunities of enterprise digital transformation and e-commerce logistics, tap new growth momentum, achieve diversified development, and continue to create more value. ”

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