MoUAug 3, 2026, 08:38 AM
Reitar Logtech's Jingxing HK Partners with Cainiao for Smart Warehousing
AI Summary
Reitar Logtech Holdings Ltd announced that its indirect subsidiary, Jingxing Storage Equipment Engineering (H.K.) Company Limited (Jingxing HK), has entered into a Memorandum of Understanding (MOU) with Zhejiang Cainiao Supply Chain Management Co., Ltd. (Cainiao), a subsidiary of Cainiao Group. The strategic cooperation aims to develop global smart warehousing and automated logistics solutions, combining Cainiao's technology with Jingxing HK's racking design and manufacturing expertise. Cainiao intends to procure racking products from Shanghai Jingxing for current overseas projects in Spain and the Netherlands, with first deliveries for the Spain project expected in September 2026.
Key Highlights
- Reitar Logtech's subsidiary, Jingxing HK, signed an MOU with Cainiao Group.
- The cooperation focuses on overseas smart warehousing and automated logistics projects.
- Cainiao intends to procure racking products from Shanghai Jingxing for Spain and Netherlands projects.
- First deliveries for the Spain project are anticipated in September 2026.
- Cainiao will prioritize Jingxing HK for racking procurement in future projects in Germany and other markets.
- The MOU includes joint technology research and development, solution integration, and market development.
- Joint project teams and regular communication mechanisms will be established.
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