On February 7, Cainiao Group and FAW Jiefang inked a strategic cooperation pact, marking a significant milestone in their collaboration. The two entities are set to delve deep into ESG sustainability and logistics supply chains, with the shared vision of creating a worldwide cross-border e-commerce platform tailored for automobiles and their components. As a renowned manufacturer specializing in trucks and buses, FAW Jiefang has successfully established assembly plants and a robust dealer network across numerous countries overseas. In line with the agreement, both parties will collaborate to construct a digital framework that will bolster FAW Jiefang's products in their quest to penetrate global markets, with Cainiao stepping in to offer comprehensive end-to-end supply chain solutions. Prior to this partnership, Cainiao had already laid the groundwork by constructing a global smart logistics network and introducing standardized cross-border express delivery services. According to its 2024 financial report, Cainiao's average daily cross-border parcel volume has surpassed 5 million items, a testament to its growing influence in the logistics sector.