Transfar is China's leading logistics service enterprises and chemical products producer, through the effective connection of the two major industries, the platform is growing very fast. The recent injection of the logistics business brought the company “platform” and “internet” way of thinking, which promotes cooperation and innovation. Leveraging the capability of the logistics business, the company can deliver more sophisticated logistic solutions for their chemical business clients. Additionally, experience in supply chain management of chemical business also constructed a solid groundwork for it logistic business.

ZZ Capital has invested c.RMB200m in Transfar. (20.3 million shares) ZZ Capital and Transfar continue to carry out in-depth strategic cooperation with respect to seeking domestic and foreign capital cooperation in both logistics and chemical industry. ZZ Capital will further assist Transfar to actively expand its highway logistics business and to become the leader in both logistics and chemical industry.