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2024.04.09 10:44

[True Burn Hong Kong Stock Trends] Kerry Logistics (00636.HK)'s subsidiary Kerry E-Commerce, Menzies Aviation, and Menzies Macau Airport Services Limited successfully signed a tripartite cooperation memorandum for 'Global Customs Clearance Easy'.

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Zhenzhuo Financial News, April 9, 2024 - $KLN(00636.HK)'s subsidiary Kerry E-Commerce has signed a Memorandum of Understanding (MoU) with Menzies Aviation Limited ("Menzies Aviation") and Menzies Macau Airport Services Limited to launch the "Global Customs Clearance Easy" tripartite cooperation project. The MoU was signed by Kerry E-Commerce Director Cai Yufu, Menzies Aviation Senior Vice President for Southeast Asia and China Huang Yaozu, and Menzies Macau Airport Services Limited General Manager Lu Weiming.

The signing of this MoU marks the official launch of the "Global Customs Clearance Easy" project, which aims to enhance the competitiveness of e-commerce cargo at Macau Airport and provide seamless customs clearance services for Kerry E-Commerce's export goods via Macau. Kerry E-Commerce will leverage Menzies Aviation's network advantage across 255 global flight points, using Macau Airport as a hub to ensure smooth exports and efficient customs clearance for all its goods passing through Macau.

Menzies Aviation is a world-leading aviation services company with operations across six continents, providing ground handling services at 255 flight points in over 60 markets. Menzies Macau Airport Services Limited, as a subsidiary of Menzies Aviation, focuses on comprehensive one-stop airport services, continuously empowering Macau International Airport's aviation operations.

Kerry E-Commerce Director Cai Yufu stated: "Cross-border e-commerce is currently the fastest-growing sector in international trade, with consumers placing greater emphasis on reliable and fast delivery. This collaboration will enhance our international freight advantages, helping us provide quick and efficient cross-border logistics to maintain the competitiveness of our e-commerce clients."

Menzies Aviation Senior Vice President for Southeast Asia and China Huang Yaozu said: "Menzies Aviation is honored to sign this tripartite MoU with Kerry E-Commerce and our joint venture, Menzies Macau Airport Services Limited. Together, we will explore new industry opportunities, actively drive corporate transformation, and achieve mutual benefits for all parties. We are highly optimistic about this collaboration."

To address the growing global trade and freight demands, this project fully integrates the expertise and resources of Kerry E-Commerce, Menzies Aviation, and Menzies Macau Airport Services Limited to provide faster, more efficient, and reliable customs clearance services, achieving a win-win outcome. The three parties will work together to ensure smooth cargo clearance and deliver end-to-end solutions worldwide, supporting the robust development of e-commerce logistics.

(From left) Kerry E-Commerce Director Cai Yufu, Menzies Aviation Senior Vice President for Southeast Asia and China Huang Yaozu, and Menzies Macau Airport Services Limited General Manager Lu Weiming jointly sign the MoU for the "Global Customs Clearance Easy" tripartite project.

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