HONG KONG, Sept. 10, 2026 (GLOBE NEWSWIRE) — Smart Logistics Global Limited (Nasdaq: SLGB) (the “Company”) today announced that, through its wholly owned subsidiary Xuzhou Jiabin Supply Chain Co., Ltd. (the “Xuzhou Jiabin Supply Chain Center”), it has completed its first import of aluminum scrap raw materials from Vietnam and signed a long-term supply agreement with an overseas resource partner.
The transaction marks the Company’s entry into cross-border non-ferrous metals trading, the first operation of its non-ferrous metals trading platform. It is also an important step in expanding bulk commodity supply-chain activity at the Xuzhou Jiabin Supply Chain Center, and a key implementation step in the Company’s 2026 digital integrated supply chain strategy. That strategy focuses on building two platforms in parallel: an industrial raw-materials logistics platform and a non-ferrous metals trading platform, with the aim of connecting physical logistics capacity with commercial trading flows.
North–South Dual-Core Network as the Foundation of the Logistics Platform
The Company was established in 2017 and focuses on enterprise B2B contract logistics and industrial raw-material line-haul transportation.
In January 2026, the Company established the Xuzhou Jiabin Supply Chain Center in Jiangsu Province in northern China. Together with the Fuzhou Jiabin modern logistics park in Jiangxi Province in southern China, the two sites form a North–South dual-core logistics network.
The dual-core network combines standardized warehousing, full-truck-load (FTL) line-haul transportation, and the Company’s self-developed transportation management system (TMS). This infrastructure is the operating base of the Company’s industrial raw-materials logistics platform. It is designed to support end-to-end services covering cross-border movement, warehousing, transportation, and delivery, while continuing to serve the Company’s existing industrial logistics customers.
Trading Platform First Operation: Initial Aluminum Scrap Import from Vietnam and Long-Term Supply Agreement
In September 2026, through the Xuzhou Jiabin Supply Chain Center, the Company completed its first shipment of aluminum scrap raw materials originating from Vietnam and signed a long-term supply agreement with an overseas resource partner. The shipment represents the first operation of its non-ferrous metals cross-border trading platform and the start of a broader international sourcing effort.
In addition to Vietnam, the Company is actively developing additional global sourcing channels and cross-border cooperation to strengthen the trading platform and help meet domestic demand for recycled metal raw materials.
Integration and Intended Synergy of the Two Platforms
The two platforms are intended to support each other: the logistics network can provide fulfillment capacity and customer access for the trading platform, while trading volumes, if realized, can generate additional freight flows that help utilize logistics capacity. This may improve resource utilization and operating efficiency across both platforms.
While continuing to develop the industrial raw-materials logistics platform, the Company’s longer-term strategic objective is to grow the non-ferrous metals trading platform toward an annual trading volume of approximately 100,000 tons, with phased milestones to be set by reference to the development of global sourcing channels and downstream demand. This figure is a forward-looking planning target. It is not a current run-rate, and there can be no assurance that it will be achieved.
The Company is also seeking additional strategic cooperation, industry integration, and potential acquisition opportunities to strengthen upstream resource access and support nationwide expansion of both platforms. There can be no assurance that any such transaction will occur or be completed on particular terms.
Management Commentary
Hue Kwok Chiu, the Company’s Chief Executive Officer, commented, “Completing the first Vietnam aluminum scrap raw-material import and signing a long-term supply agreement is an important first step for our non-ferrous metals trading platform, which currently operates on top of our existing logistics network. The North–South dual-core network allows the two platforms to share assets, customers, and operating capacity.”
Continued Mr. Hue, “We will continue to expand global sourcing channels and deepen relationships with downstream customers as we work toward a longer-term annual trading target of approximately 100,000 tons, while further developing partnerships and industry coordination around the two platforms.”
About Smart Logistics Global Limited
Smart Logistics Global Limited (Nasdaq: SLGB) was established in 2017 and is a China-focused industrial logistics and supply chain company. Its businesses include B2B contract logistics, industrial raw-material transportation, and digital supply chain management.
The Company operates a self-developed TMS, an approximately 110,000-square-meter modern logistics park in Fuzhou, Jiangxi Province, and seven full-truck logistics service centers in China. The Xuzhou Jiabin Supply Chain Center, established by the Company in northern China, supports the industrial logistics platform and the cross-border non-ferrous metals trading platform.
Website: https://www.smartlogisticsglobal.com/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including statements regarding the Company’s logistics and trading platforms, trading-volume targets, strategic plans, and future operating capabilities. Forward-looking statements are based on current expectations and assumptions and involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Key risks include changes in market demand, cross-border trade policy, industry competition, execution of platform expansion, and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F. Investors should not place undue reliance on forward-looking statements. Except as required by applicable law, the Company undertakes no obligation to update or revise forward-looking information.
Investor Relations Contact
Andrew Barwicki
Phone: 516-662-9461
Email: Andrew@barwicki.com
Media gallery
