Summary
Read original article →
YTO Express signed a strategic cooperation agreement with the Jiangsu provincial government on 24 August and has opened cross-border truck lines from Nanjing and Suzhou to Bangkok and Ho Chi Minh City, giving Yangtze River Delta exporters scheduled road capacity into ASEAN. YTO reported 16.278bn parcels in the first half, up 9.52%, revenue of 38.893bn yuan, up 8.39%, and net profit of 3.175bn yuan, up 73.44%.