SICHUAN EXPRESS and Hongda Co., Ltd. have signed a contract for the transportation of flotation phosphate concentrate
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According to the Zhitong Finance APP, Sichuan Express announced that on August 28, 2025, its indirectly wholly-owned subsidiary Chengyu Logistics signed a flotation phosphate concentrate transportation contract with Hongda Co., Ltd. Under this contract, Chengyu Logistics will provide flotation phosphate concentrate transportation services to Hongda Co., Ltd., with a total service fee cap estimated at RMB 61.2 million. Previously, Hongda Co., Ltd. publicly tendered for transportation service suppliers, and Chengyu Logistics ultimately won the bid
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