Aimer: Termination of investment in the construction of the logistics park project
Aimer announced the termination of its investment in the construction of the logistics park project, as the company's strategic focus has shifted towards globalization. The domestic market has entered a stage of stock competition, and the logistics centers in Suzhou and Beijing, after integration and upgrading, are expected to meet future demands. At the same time, the company has initiated the construction of a supply chain base in Vietnam to respond to international market demands in the next 3-5 years. The company also plans to enhance asset efficiency and increase cash reserves to cope with market changes and the demands of globalization
According to the Zhitong Finance APP, Aimer (603511.SH) announced that the company's strategic focus is on global layout. The domestic market has currently entered an era of stock competition. The company's logistics centers in Suzhou and Beijing, after resource integration, system upgrades, and the improvement of the digital supply chain, are expected to meet future domestic market logistics demands. In terms of the international market, the company has initiated the construction of a supply chain base in Vietnam, which can meet the logistics needs of the international market in the next 3-5 years. The company is also considering improving asset efficiency to have more cash reserves to cope with the complex and changing market environment, as well as the needs of globalization. After careful consideration, the company has decided to terminate the investment in the construction of the logistics park project
