Beijing DHL Express Event

In July, 2065438+0/Kloc-0, due to operating losses and policy uncertainty, DHL transferred all its shares of three domestic express delivery companies to Shenzhen Youhe Daotong Industrial Co., Ltd. In July, 2065438+0/Kloc-0, Sinotrans announced the transaction. This means that DHL, one of the four international express delivery companies, will temporarily withdraw from the domestic express delivery business in China. For the reasons of withdrawal, the development of Sinotrans can be summed up in two aspects: first, the competition of domestic express delivery business is too fierce, and foreign express delivery companies lack cost advantages; Second, the revised Postal Law came into effect on June 65438+ 10/day, 2009, stipulating that foreign businessmen are not allowed to invest in domestic express mail business, and DHL's domestic express mail business accounts for 35% of its overall domestic business volume. DHL is a joint venture between Sinotrans Development and Deutsche Post (DHL). In 2009, DHL decided to expand its express delivery business in China. DHL acquired 65,438+000% equity of Shanghai Quanyi Express Co., Ltd., Beijing Sinotrans Express Co., Ltd. and Hong Kong Jinguo Express Co., Ltd., and launched domestic express delivery business in China after integration.