SC 13G/A - SHENGFENG DEVELOPMENT Ltd (0001863218) (Subject)

SC 13G - SHENGFENG DEVELOPMENT Ltd (0001863218) (Subject)

FUZHOU, China, Nov. 18, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company in China providing customers with integrated logistics solutions, announced today that on November 5, 2024, Shengfeng Logistics Group, a variable interest entity that the Company controls via a series of contractual arrangements ("Shengfeng Logistics"), forms a joint venture (the "Joint Venture") with Fujian Fulai Aviation Technology Co., Ltd. ("Fulai Aviation"). The new entity formed in respect of the Joint Venture, Fujian Shengfeng Fulai Low Altitude Comprehensive Services Co., Ltd., is expected to leverage Shengfeng Logistics's expertise in

FUZHOU, China, Nov. 11, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company in China providing customers with integrated logistics solutions, announced today a strategic expansion into the low-altitude economy in China. The Company believes this move will allow it to leverage its logistics expertise in an emerging field that integrates drone technology for streamlined, efficient logistics solutions across diverse sectors, particularly in high-demand and remote regions. China's low-altitude economy—encompassing civil and commercial drone operations in airspace up to 1,000 meters—is projected to grow rapidly, with the t

FUZHOU, China, Oct. 24, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company in China providing customers with integrated logistics solutions, today announced that Mr. Yongxu Liu, the Company's Chairman, Chief Executive Officer and the largest beneficial shareholder of the Company, has purchased 500,000 Class A ordinary shares of the Company in the open market at an average price of $1.289 per share (the "Shares"). The purchases of Shares were made on October 14, 2024 and October 15, 2024. "With our current position in China's logistics market, I'm confident in the Company's prospects, especially with the opportunities

FUZHOU, China, Sept. 24, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company providing customers with integrated logistics solutions, today announced the renewal of its logistics services contract (the "Contract") with BYD Co. Ltd., China-based company principally engaged in the manufacture and sales of transportation equipment, including electric vehicles (EVs), battery technologies, and renewable energy ("BYD"). Since January 2023, BYD has been a key client for Shengfeng, and the renewal of the Contract underscores the success of this business alliance. Under the renewed Contract, Shengfeng will continue to provide

Revenue Up 22.8% Year Over Year, Driven by Expansion of Customer Relationships FUZHOU, China, Sept. 4, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company in China providing customers with integrated logistics solutions, today announced its unaudited financial results for the six months ended June 30, 2024. Financial Highlights for the First Half of 2024: Total Revenue: Increased by approximately 22.8% to $227.1 million, compared to $185.0 million for the same period in 2023. This growth was primarily driven by the expansion of services with new clients, particularly in the new energy sector. The Company saw significa

FUZHOU, China, June 12, 2023 /PRNewswire/ -- Shengfeng Development Limited (the "Company" or "Shengfeng"), a contract logistics company in China providing customers with integrated logistics solution services, today announced it has purchased 16 electric heavy-duty trucks with an aggregate value of US$1,550,000. The Company plans to have at least 10% of its future purchases of heavy-duty trucks to be electric heavy-duty trucks. In addition to the purchase of electric heavy-duty trucks, the Company will also build battery swapping stations in its regional sorting centers, cloud-based order fulfillment centers (or Cloud OFCs), and service outlets, to better serve its electric vehicles. Mr. Yon

New York, April 04, 2023 (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest"), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of an initial public offering (the "Offering") of 2,400,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share for its client Shengfeng Development Limited (NASDAQ:SFWL) (the "Company" or "Shengfeng"), a contract logistics company in China providing customers with integrated logistics solution services. The Class A ordinary shares began trading on the Nasdaq Capital Market on March 31, 2023 under the ticker symbol "SFWL." The Com

FUZHOU, China, April 4, 2023 /PRNewswire/ -- Shengfeng Development Limited (NASDAQ:SFWL) (the "Company" or "Shengfeng"), a contract logistics company in China providing customers with integrated logistics solution services, today announced the closing of its initial public offering (the "Offering") of 2,400,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The Class A ordinary shares began trading on the Nasdaq Capital Market on March 31, 2023 under the ticker symbol "SFWL." The Company received aggregate gross proceeds of US$9.60 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company

Gainers Virco Mfg (NASDAQ:VIRC) shares increased by 17.9% to $12.81 during Friday's regular session. The company's market cap stands at $209.4 million. As per the news, the Q1 earnings report came out today. Montana Technologies (NASDAQ:AIRJ) stock increased by 13.78% to $11.64. The market value of their outstanding shares is at $626.5 million. SunPower (NASDAQ:SPWR) shares rose 12.71% to $3.9. The company's market cap stands at $684.3 million. ZKH Group (NYSE:ZKH) shares moved upwards by 11.31% to $12.0. The market value of their outstanding shares is at $1.9 billion. Clean Energy Technologies (NASDAQ:CETY) shares rose 10.61% to $1.25. The company's market cap stands at $53.6 million.

Gainers Orion Group Hldgs (NYSE:ORN) stock increased by 12.8% to $8.65 during Friday's regular session. The company's market cap stands at $284.2 million. Recruiter.Com Group (NASDAQ:RCRT) stock moved upwards by 11.23% to $1.56. The company's market cap stands at $2.2 million. Safe & Green Holdings (NASDAQ:SGBX) shares increased by 11.15% to $5.08. The company's market cap stands at $4.6 million. Shengfeng Development (NASDAQ:SFWL) shares increased by 11.11% to $2.0. The company's market cap stands at $164.9 million. NuScale Power (NYSE:SMR) shares increased by 9.89% to $6.44. The company's market cap stands at $558.7 million. The company's, Q1 earnings came out yesterday. ZIM Integrat

Gainers Expion360 (NASDAQ:XPON) shares increased by 32.6% to $2.56 during Thursday's regular session. The market value of their outstanding shares is at $18.0 million. Swvl Hldgs (NASDAQ:SWVL) shares increased by 29.61% to $9.81. The company's market cap stands at $66.6 million. Dragonfly Energy Hldgs (NASDAQ:DFLI) shares increased by 24.28% to $0.77. The company's market cap stands at $46.0 million. As per the news, the Q4 earnings report came out 3 days ago. Surf Air Mobility (NYSE:SRFM) stock rose 21.79% to $0.47. The market value of their outstanding shares is at $37.9 million. VirTra (NASDAQ:VTSI) shares moved upwards by 20.08% to $13.52. The market value of their outstanding share

Gainers Argan (NYSE:AGX) stock rose 24.4% to $61.39 during Friday's regular session. The company's market cap stands at $818.1 million. The company's, Q4 earnings came out yesterday. TOMI Environmental Solns (NASDAQ:TOMZ) shares moved upwards by 14.48% to $0.63. The company's market cap stands at $12.5 million. Graphjet Tech (NASDAQ:GTI) stock rose 12.93% to $9.78. The company's market cap stands at $1.4 billion. JE Cleantech Hldgs (NASDAQ:JCSE) shares moved upwards by 10.32% to $0.78. The market value of their outstanding shares is at $3.9 million. Shengfeng Development (NASDAQ:SFWL) stock increased by 9.46% to $1.85. The market value of their outstanding shares is at $152.6 million.

Gainers Energy Focus (NASDAQ:EFOI) shares moved upwards by 21.9% to $1.95 during Thursday's pre-market session. The market value of their outstanding shares is at $9.2 million. Xos (NASDAQ:XOS) stock increased by 12.27% to $9.63. The company's market cap stands at $74.6 million. Babcock & Wilcox (NYSE:BW) shares moved upwards by 12.03% to $1.21. The market value of their outstanding shares is at $108.2 million. CEA Industries (NASDAQ:CEAD) stock increased by 10.89% to $0.57. The market value of their outstanding shares is at $4.6 million. VirTra (NASDAQ:VTSI) stock rose 6.62% to $14.1. The market value of their outstanding shares is at $156.6 million. ShiftPixy (NASDAQ:PIXY) stock move

Gainers Energy Focus (NASDAQ:EFOI) stock rose 16.2% to $1.86 during Wednesday's after-market session. The market value of their outstanding shares is at $8.7 million. Lavoro (NASDAQ:LVRO) stock moved upwards by 4.91% to $6.4. The company's market cap stands at $746.2 million. American Rebel Holdings (NASDAQ:AREB) stock increased by 4.26% to $0.35. The market value of their outstanding shares is at $2.1 million. ShiftPixy (NASDAQ:PIXY) shares increased by 2.9% to $2.48. The market value of their outstanding shares is at $14.8 million. Gaucho Group Holdings (NASDAQ:VINO) shares rose 2.66% to $0.64. The market value of their outstanding shares is at $4.6 million. Mesa Air Gr (NASDAQ:MESA)

Gainers Laser Photonics (NASDAQ:LASE) shares rose 97.9% to $2.83 during Tuesday's regular session. The company's market cap stands at $23.3 million. Gaucho Group Holdings (NASDAQ:VINO) stock rose 19.8% to $0.56. The market value of their outstanding shares is at $4.1 million. JanOne (NASDAQ:JAN) stock rose 16.4% to $2.93. The market value of their outstanding shares is at $14.5 million. Shengfeng Development (NASDAQ:SFWL) stock moved upwards by 15.68% to $1.77. The company's market cap stands at $146.0 million. Caesarstone (NASDAQ:CSTE) shares increased by 12.67% to $5.6. The company's market cap stands at $193.4 million. Palladyne AI (NASDAQ:PDYN) stock rose 11.77% to $2.94. The marke

Gainers Nauticus Robotics (NASDAQ:KITT) shares increased by 26.6% to $0.33 during Monday's after-market session. The company's market cap stands at $16.5 million. Shengfeng Development (NASDAQ:SFWL) stock moved upwards by 6.53% to $1.63. The market value of their outstanding shares is at $134.4 million. Shoals Technologies Gr (NASDAQ:SHLS) stock rose 3.6% to $10.64. The market value of their outstanding shares is at $1.8 billion. CBAK Energy Tech (NASDAQ:CBAT) shares increased by 3.44% to $0.88. The company's market cap stands at $79.0 million. Velo3D (NYSE:VLD) shares rose 3.22% to $0.46. The market value of their outstanding shares is at $120.0 million. Microvast Holdings (NASDAQ:MVS

Gainers JVSPAC Acquisition Corp. - Right (NASDAQ:JVSAR) stock rose 34.6% to $0.35 during Monday's regular session. Techprecision (NASDAQ:TPCS) shares increased by 31.43% to $4.39. The company's market cap stands at $38.5 million. AERWINS Technologies (NASDAQ:AWIN) stock increased by 16.69% to $6.01. The market value of their outstanding shares is at $4.3 million. Ducommun (NYSE:DCO) shares moved upwards by 14.37% to $55.56. The market value of their outstanding shares is at $813.4 million. Solidion Technology (NASDAQ:STI) shares increased by 13.43% to $3.8. The market value of their outstanding shares is at $311.0 million. JE Cleantech Hldgs (NASDAQ:JCSE) stock moved upwards by 13.04%

Gainers Erayak Power Solution Gr (NASDAQ:RAYA) stock increased by 24.8% to $0.89 during Friday's after-market session. The company's market cap stands at $10.6 million. Shengfeng Development (NASDAQ:SFWL) shares rose 7.77% to $2.08. The company's market cap stands at $171.5 million. CBAK Energy Tech (NASDAQ:CBAT) shares moved upwards by 4.93% to $1.02. The company's market cap stands at $91.7 million. Hyliion Holdings (NYSE:HYLN) shares increased by 3.79% to $1.64. The company's market cap stands at $300.4 million. Hyzon Motors (NASDAQ:HYZN) shares increased by 3.56% to $0.79. The market value of their outstanding shares is at $192.9 million. Seanergy Maritime Hldgs (NASDAQ:SHIP) stock