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XXF Group Announces Strategic Partnership with Zhihui Manlv for Smart Logistics Innovation

Story Highlights
  • XXF Group partners with Zhihui Manlv to innovate logistics with autonomous delivery.
  • The cooperation aims to enhance XXF’s logistics efficiency and broaden revenue streams.
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XXF Group Announces Strategic Partnership with Zhihui Manlv for Smart Logistics Innovation

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The latest announcement is out from XXF Group Holdings Ltd. ( (HK:2473) ).

XXF Group Holdings Limited has announced a strategic cooperation with Hangzhou Zhihui Manlv Technology Co., Ltd., a subsidiary of Cainiao Group, which specializes in unmanned vehicle and robotics for logistics. This partnership aims to integrate resources to innovate in the logistics industry through autonomous delivery, digital enablement, and smart-city solutions. The cooperation is expected to accelerate XXF Group’s smart logistics deployment, improve operational efficiency, and broaden revenue streams, although definitive agreements are still under negotiation.

The most recent analyst rating on (HK:2473) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on XXF Group Holdings Ltd. stock, see the HK:2473 Stock Forecast page.

More about XXF Group Holdings Ltd.

XXF Group Holdings Limited is a company incorporated in the Cayman Islands, focusing on urban distribution and logistics solutions. The company is involved in autonomous delivery, finance lease, operating lease solutions, asset management, and digital/AI enablement, aiming to enhance smart-city and digital-supply-chain development.

Average Trading Volume: 5,774,520

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.36B

For an in-depth examination of 2473 stock, go to TipRanks’ Overview page.

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