Yanwen Logistics Co., Ltd. Files for Hong Kong IPO, Ranked Second in China's Third-Party B2C Cross-Border E-Commerce Logistics Market

Newtimespace News: According to the HKEX disclosure, Yanwen Logistics Co., Ltd. submitted its main board listing application to the Hong Kong Stock Exchange on May 25, 2026, with Shenwan Hongyuan Hong Kong acting as the sole sponsor.

Yanwen Logistics is a leading third-party B2C cross-border e-commerce logistics service provider in China. With over two decades of deep cultivation, the company has established an integrated logistics service system covering front-end pick-up, sorting, cross-border transportation, customs clearance and last-mile delivery. According to Frost & Sullivan, the company ranked second among third-party B2C cross-border e-commerce logistics service providers in China by revenue from cross-border e-commerce express services in 2025, with a market share of 1.8%, and also ranked second by parcel volume shipped to the United States in 2025, with a market share of 1.4%. During the track record period, the company served over 30,000 customers annually, including cross-border e-commerce third-party platforms, cross-border merchants and Chinese brands expanding overseas.