Shengfeng development limited announces completion of the ningde shengfeng smart logistics center, primarily servicing catl

Fuzhou, china , dec. 18, 2024 /prnewswire/ -- shengfeng development limited ("shengfeng" or the "company") (nasdaq: sfwl), a contract logistics company in china providing customers with integrated logistics solutions, announced today the completion of the ningde shengfeng smart logistics center (the "ningde center"), a facility that will be primarily used to serve contemporary amperex technology co., limited ("catl"), a client of shengfeng that operates in the battery manufacturing industry. the ningde center was constructed with a total investment of approximately rmb 244.59 million and spans 47,423 square meters with a total building area of 59,442.71 square meters.
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