Shengfeng Development completes Ningde Shengfeng Smart Logistics Center

Shengfeng Development (SFWL) announced the completion of the Ningde Shengfeng Smart Logistics Center, a facility that will be primarily used to serve Contemporary Amperex Technology. The Ningde Center was constructed with a total investment of approximately RMB 244.59M and spans 47,423 square meters with a total building area of 59,442.71 square meters. This facility is designed to integrate warehousing and distribution, providing logistics solutions for CATL and its supply chain partners.