According to the Tianyancha App, recently, China International Freight Airlines Co., Ltd. underwent a business change, with its registered capital increasing from approximately 10.69 billion RMB to about 12.2 billion RMB. The company was established in November 2003, with Yan Fei as the legal representative. Its business scope includes ground services and air express related to its main business, manufacturing and maintenance of ground equipment, etc., and is jointly held by China Aviation Capital Holding Limited, Zhejiang Cainiao Supply Chain Management Co., Ltd., Cathay Pacific Cargo Holdings Limited, and others