Shentong Express announced in the evening that in order to build a benign ecosystem of the company's "six business segments", it plans to jointly establish Zhongbang Logistics Insurance Co., Ltd. (tentative name, subject to industrial and commercial registration) with Jiangxi Financial Holding Group Co., Ltd., Shanghai Tong Yuan Jiaolong Investment Development (Group) Co., Ltd. and ZTO Express Co., Ltd. without affecting the development of its main business. Hereinafter referred to as Zhongbang Insurance or the target company) Dayun Holdings Co., Ltd., Shandong Jin Jing Holdings Co., Ltd. and Guangzhou Baogong International Freight Forwarding Co., Ltd. have a registered capital of 65,438+0,000,000 yuan, and the company plans to contribute 65,438+0 with its own funds, 600 yuan, accounting for 65,438+06% of the total share capital of Zhongbang Insurance.
Shentong intends to sign the Sponsor Agreement of Zhongbang Logistics Insurance Co., Ltd. (to be established) with the sponsors, in which Zhongbang Insurance will be established by means of sponsorship, and each shareholder shall bear limited liability for Zhongbang Insurance to the extent of the subscribed shares, and share profits, risks and losses. Zhongbang Insurance has the status of an independent legal person and is responsible for the liabilities of Zhongbang Insurance with all its assets.
The registered capital of Zhongbang Insurance is RMB 654.38+0,000,000 Yuan only. The mode and amount of contribution of each sponsor are as follows:
1. Jiangxi Financial Holding Group Co., Ltd. contributed1600,000 yuan in cash, accounting for 16% of the shares;
2. Shentong Express Co., Ltd. contributed 654.38+0.6 million yuan in cash, accounting for 654.38+06% of the shares;
3. Shanghai Tong Yuan Jiaolong Investment Development (Group) Co., Ltd. contributed 654.38+0.6 million yuan in cash, accounting for 65.438+06% of the shares;
4.ZTO Express Co., Ltd. contributed RMB 654.38+0.6 million in cash, accounting for 654.38+06% of the shares;
5. Dayun Holdings Limited contributed 654.38+0.6 million yuan in cash, accounting for 654.38+06% of the shares;
6. Shandong Jin Jing Holdings Co., Ltd. contributed 654.38+0 million yuan in cash, accounting for 654.38+00% of the shares;
7. Guangzhou Baogong International Freight Forwarding Co., Ltd. contributed RMB10 million in cash, accounting for 10% of the shares.
According to the announcement, at the initial stage of its establishment, Zhongbang Insurance will mainly focus on the insurance needs of the logistics industry and sell all kinds of cargo transportation insurance, auto insurance, property insurance, liability insurance and accident insurance. At the same time, it is emphasized that the shares subscribed by the promoters shall not be transferred or withdrawn from the company before the company officially opens for business.
Shentong also said in the announcement that the logistics industry, especially the express delivery industry, has developed rapidly in recent years. The products of traditional insurance companies still lack risk transfer protection for express delivery industry and risk compensation for express delivery companies and their businesses. Therefore, the joint establishment of professional logistics insurance companies by express delivery companies will help solve the operating pain points of the express delivery industry, share and compensate the special risks in the express delivery field, and thus promote the healthy development of the company's main business. In the long run, with the development of insurance companies' business, the risks of express delivery companies can be shared, and the service quality and operational efficiency of express delivery companies can be greatly improved. The cooperative development of the two businesses will form a win-win and superposition effect, which is in line with the long-term interests of the company and all shareholders.