Alibaba announced to split the logistics company Cainiao independence of its logistics company Cainiao independence independenceAfter listing, Cainiao has submitted a listing application to the Hong Kong Stock Exchange.
Comprehensive Shanghai Securities Journal and surging news reports, Alibaba issued an announcement on Tuesday (September 26) that the company intends to split rookie in the form of independent listing on the main board of the Hong Kong Stock Exchange and sprint the globalThe first share of smart logistics.
According to the announcement, after the spin -off is completed, Alibaba will continue to hold more than 50%of the rookie shares, and the rookie will still be Alibaba subsidiaries.As of the announcement date, Alibaba held about 69.54%of the rookie.
According to the information of the Hong Kong Stock Exchange's official website, Cainiao has officially submitted a listing application on Monday night, becoming the first business group that officially entered the first public offering (IPO) process after Alibaba's start -up organization change.
The prospectus states that with the unique "e -commerce and technology" genes, Cainiao redefined the logistics industry standards through continuous innovation and re -defined the logistics industry standards, and achieved the industry's leading industry in multiple business areas.
In terms of financial capabilities, the total revenue of Cainiao's fiscal year in 2023 was 77.8 billion yuan (about S $ 14.5 billion), and the compound growth rate in the past three years reached 21%; the profitability has also continued to increase.The adjustment of tax depreciation and amortization of taxation and amortization of the 2023 fiscal year exceeded 2.8 billion yuan.
In terms of business data, the prospectus stated that the rookie transported more than 1.5 billion cross -border e -commerce parcels in fiscal 2023, serving more than 100,000 merchants and brands engaged in cross -border trade;Cainiao is the leading e -commerce logistics service provider, and more than half of the top 50 fast -moving brands in the world have long -term cooperation with Cainiao.
Data show that Cainiao is registered on May 20, 2015, and its main businesses include international logistics, domestic domestic logistics and technology and other services.
As a Chinese technology giant, Alibaba announced the launch of the "1+6+N" organization reform at the end of March this year.Six major business groups and multiple business companies such as Great Entertainment Group, in order to enhance flexibility and make its core business return to the growth track.
