Zhengming Logistics

About Zhengming Logistics

Shanghai Zhengming Modern Logistics Co., Ltd. operates as a specialized supply chain solutions provider in China, having established its modern corporate structure in May 2011. The company's origins trace back to the Shanghai Zhengming Automobile Transportation Co., Ltd., founded in 1994 by Huang Zhengming, who now serves as the chairman. This foundation provided decades of experience in transportation before the logistics sector was formally integrated and scaled. Starting as a simple road carrier, the firm has evolved into a comprehensive logistics entity.

The company's core business revolves around cold chain and auto parts logistics, complemented by developing services in e-commerce, medical and chemical, commercial, and financial logistics. This diversified model allows Zhengming Logistics to serve a wide array of clients, including large supermarkets, restaurant chains, and numerous well-known domestic and international enterprises with whom it has forged long-term strategic partnerships. Its revenue is generated by providing end-to-end supply chain services, encompassing logistics planning, transportation, warehouse management, and value-added services like packaging and information feedback. The company's service network blankets approximately 90% of China's key cities through a network of around 40 branch offices.

Zhengming Logistics boasts a significant asset base, including over 600 modern cold chain vehicles, a large fleet of other specialized and general transport vehicles, and substantial warehousing capacity exceeding 240,000 square meters. This infrastructure supports a daily throughput of over 5,500 tons of cold chain cargo alone. A major milestone was achieved in 2011 when the company secured its first round of investment from Sequoia Capital, marking the beginning of an accelerated transformation. This was followed by multiple funding rounds from prominent investors such as Cathay Capital, the International Finance Corporation (IFC), Morgan Stanley, and Primavera Capital, enabling significant expansion and strategic initiatives, including a partnership with Ocean Capital to establish a cold chain logistics real estate fund.