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Shenzhen Airport announced that the controlling shareholder Airport Group previously commissioned Hyundai Logistics Company, a wholly-owned subsidiary, to operate Freight Forwarder No. 1 in the South Cargo Area. The original contract will expire, and the two parties intend to sign a new entrustment management contract; the matter has been approved by the board of directors with 7 votes in favor, 0 against, and 0 abstentions. The new contract period is from November 1, 2026 to December 31, 2029. The overall contract management rate is 8%, and the rate for a single customer leasing over 5,000 square meters is 4%.
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Shenzhen Airport announced that the controlling shareholder Airport Group previously commissioned Hyundai Logistics Company, a wholly-owned subsidiary, to operate Freight Forwarder No. 1 in the South Cargo Area. The original contract will expire, and the two parties intend to sign a new entrustment management contract; the matter has been approved by the board of directors with 7 votes in favor, 0 against, and 0 abstentions. The new contract period is from November 1, 2026 to December 31, 2029. The overall contract management rate is 8%, and the rate for a single customer leasing over 5,000 square meters is 4%.
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