On January 4, Hubei Prolog Technology Co., Ltd. (hereinafter referred to as "Prolog") announced that it would accept the strategic investment of RMB 100 million from Shenzhen International Holding Co., Ltd. (hereinafter referred to as "Shenzhen International"). After establishing the equity relationship, the two sides will cooperate deeply, open their business resources to each other, and expand new business of smart logistics in the future.
Proge is a high-tech enterprise providing integrated solutions for smart warehousing, and is also invested by Kaihui. Since its establishment, Proge has been deeply engaged in intelligent logistics, and its business includes two parts: "logistics technology + logistics operation".
Shenzhen International is the only overseas listed company with logistics as its main business in Shenzhen. At the beginning of 2020, Shenzhen International established the sub strategy of smart warehousing business development and put forward the "action of building a new engine of smart warehousing and cold chain logistics". It plans to build smart warehousing into a new growth pole of the group's main logistics industry by upgrading the original logistics infrastructure and investing in the upstream and downstream enterprises with different customer groups and technical routes.
Li Maoxiang, partner of Kaihui automobile fund, said: "Shenzhen International is welcome to join Proge as a New Oriental
stock. We hope that Shenzhen International and Proge will work together to build a first-class intelligent logistics ecosystem in the industry, build technological logistics with logistics technology, and continue to provide domestic comprehensive intelligent supply chain and automation solutions for customers. Kaihui will also continue to work with Proge to develop international customers and large-scale projects in the international market to help enterprises accelerate their growth in the tide of logistics and warehousing automation led by software and overall intelligent solutions. "