<p>Sinotrans Limited has announced that its subsidiary, SINOTRANS HK, has entered into a joint venture agreement with CNDI Hungary to establish a new company in Hungary. The joint venture, tentatively named Bountywin Warehousing Holding Kft., will focus on acquiring a warehouse in Hungary. Under the agreement signed on January 29, 2026, SINOTRANS HK will hold a 40% stake in the joint venture by contributing EUR 4,000, while CNDI Hungary will hold 60% with a contribution of EUR 6,000. The joint venture will not become a subsidiary of Sinotrans Limited, and its financial results will not be consolidated into Sinotrans’s accounts. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinotrans Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260129-12005024), on January 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

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Sinotrans Limited Forms Joint Venture in Hungary for Warehouse Acquisition