PRESS RELEASE AND MEDIA

Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) won the ‘Excellence of the Year for Innovation & Leadership - Logistics Services - Global’ award at the LeFonti Awards (the ‘Awards’) presented in Hong Kong.

Backed by the Italian research institute and global independent publishing house LeFonti, the Awards were voted online by readers of LeFonti which has a readership of over 50,000, and were further evaluated by LeFonti’s editorial committee along with a team of dedicated legal, economic and financial journalists from over 120 countries across the globe.

The Awards lauded Kerry Logistics for its remarkable leadership in the global logistics industry. The company is implementing its global development strategy of capturing growth and business opportunities brought forth by China’s Belt and Road initiative, and expanding its international coverage across China, Central Asia, Europe, and the US.

Kerry Logistics is also an innovator, being one of the first 3PLs in Asia to adopt robotic fulfillment solutions in its flagship facility in Hong Kong for higher fulfillment efficiency and accuracy. Its seven robotic butlers were upgraded in 2017 to enhance stability and productivity. On the other hand, its innovative Virtual Buying Office (VBO) solutions extend the traditional focus to cover upstream visibility from PO inception, vendor and carrier booking to cargo delivery to port and airport, providing customers complete supply chain visibility, from origin to destination.

“We are honoured to be commended by the Awards,” said Samuel Lau, Deputy Managing Director - Integrated Logistics, Kerry Logistics. “At Kerry Logistics, we endeavour to create value for our customers and help them build their competitive edge through our trusted and innovative solutions. We are committed to consistently devising new operation models to accommodate their needs and the changes in the global economy. The accolade is the result of the concerted action of our workforce, without whom we would not have made this achievement.”

Innovation and leadership play essential roles in Kerry Logistics’ growth, as the company systematically expands its network by sea, air, road, and rail across the globe. Its pioneering spirit gives it the foresight to ride on the e-commerce boom in China and ASEAN, and capitalise on the growth potential of the e-commerce market.