---
title: "STO completes the acquisition of 100% equity of Daniao Logistics"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263965809.md"
description: "According to the Zhitong Finance APP, STO announced the progress of acquiring 100% equity of Zhejiang Daniao Logistics Technology Co., Ltd. The transaction has been successfully completed, and Daniao Logistics has completed the industrial and commercial change registration procedures, obtaining a new \"Business License\" issued by the Market Supervision Administration of Yuhang District, Hangzhou. The company's wholly-owned subsidiary, Shentong Limited, holds 100% equity of Daniao Logistics, and Daniao Logistics and its subordinate holding subsidiaries will be included in the company's consolidated financial statements"
datetime: "2025-11-03T08:32:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263965809.md)
  - [en](https://longbridge.com/en/news/263965809.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263965809.md)
generator: "portal-rs"
---

# STO completes the acquisition of 100% equity of Daniao Logistics

According to the announcement from the Zhitong Finance APP, STO (002468.SZ) reported the progress of acquiring 100% equity of Zhejiang Dan Niao Logistics Technology Co., Ltd. The transaction has been successfully completed, and Dan Niao Logistics has completed the industrial and commercial change registration procedures, obtaining a new "Business License" issued by the Market Supervision Administration of Yuhang District, Hangzhou. The company's wholly-owned subsidiary, Shentong Limited, holds 100% equity of Dan Niao Logistics, and Dan Niao Logistics and its controlled subsidiaries will be included in the company's consolidated financial statements

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**