Sai Cheng Logistics International Co., Ltd.

Sai Cheng Logistics International Co., Ltd. Is a Joint Venture Company established by China Post and Australia Post to provide one stop supply chain services. With increasing economic trade between China and Australia, China has now become the second largest trade partner for Australia. China Post and Australia Post have kept in contact with each other with a long history of business cooperation between both sides. At the end of 2003, during a visit by the Managing Director of Australia Post to China, both parties found common ground in the business targets, commercial model and target market of logistics. Both parties showed great interest in making use of their own operational capability to jointly provide international logistics services between China and Australia for their customers. As a result of this meeting, China Post and Australia Post decided to establish a logistics cooperation partnership and set up a joint venture business in China to provide one stop logistics and supply chain management services including hub operations, transportation, value added services and international forwarding agency services. The supply chain from China to Australia and other western countries is quite fragmented with many logistics service providers operating only a part of the chain. An integrated service is seldom realized. With foreign manufacturers coming into China to set up their regional and global production facilities, as well as more and more foreign companies willing to purchase commodities from China, the need for integrated supply chain management is increasing rapidly. China Post and Australia Post have invested in the establishment of Sai Cheng Logistics International Co., Ltd. To provide customers trading between China and Australia with an integrated supply chain solution.