Best inc. announces strategic partnership with sinolink yongfu asset management

As the initial step to the partnership, best has sold rmb517 million worth of assets related to its best capital unit to sinolink transaction will allow best to reinforce its balance sheet, enhance liquidity and allow a greater focus on its core businesses hangzhou, china, march 12, 2021 /prnewswire/ -- best inc. (nyse: best) ("best" or the "company"), a leading integrated smart supply chain solutions and logistics services provider in china, today announced that it has signed a strategic partnership agreement with sinolink yongfu asset management ("sinolink"), a subsidiary of sinolink securities. according to the agreement, the company has initially sold rmb517 million worth of its assets pertaining to its external b2c truck leasing business to sinolink.
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