SHENGFENG DEVELOPMENT Ltd
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Shengfeng Development
Trucking & Courier Services (No Air), SIC 4210
Shengfeng Development Limited provides logistics, transportation, and supply chain management services. Operating primarily through its variable interest entity Shengfeng Logistics and associated operating entities, the company offers freight transportation, warehouse storage management, cargo packaging, and supply chain solutions. Additionally, the group delivers enterprise digitalization solutions, software engineering, and technology consulting services. Its services cater to commercial clients and enterprises that require freight transportation, inventory warehousing, and logistics support.
The company operates primarily across mainland China, maintaining dozens of operating subsidiaries located in multiple provinces and municipalities, including Fujian, Guangdong, Beijing, Shanghai, and Zhejiang. It also maintains an international subsidiary in Vietnam for transportation and storage management. Shengfeng Development Limited is incorporated in the Cayman Islands, with its principal executive offices situated in Fuzhou City, Fujian Province, China.
Summary of the business section of Shengfeng Development's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SHENGFENG DEVELOPMENT Ltd
- Founded
- 2001
- Headquarters
- Fuzhou City, F4
- Address
- Shengfeng Building, No. 478 Fuxin East Road, Jinan District 350001
- Phone
- 86-591-83619860
- Employees
- 1,416, Dec 31, 2025
- Industry
- Trucking & Courier Services (No Air)
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- Marcum Asia CPAs LLP, New York, New York
Stock & identifiers
- Ticker
- SFWL
- Exchange
- Nasdaq
- IPO date
- Apr 3, 2023
- Shares outstanding
- 82M, Dec 31, 2025
- Filer category
- Non-accelerated filer<br>Emerging growth company
- Stock splits
- 1-for-15 reverse, Sep 8, 2026
- SEC CIK
- 1863218
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Yongxu Liu | Chief Executive Officer, Director | 42,380,000 |
| Guoping Zheng | Chief Financial Officer, Director | – |
| Jin Johnny Wang | Director | – |
| Wen Grace Li | Director | – |
| Qingyan Ye | Director | – |
Employees
Headcount reported in annual reports
“ 60 employees, to becoming one of the largest logistics service providers in China with total transportation volume of approximately 21,349,000 tons for the fiscal year ended December 31, 2025 and we have 1,416 employees as of December 31, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 3, 2023 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 30, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |