The Zhitong Finance App learned that on Friday, the stock price of Shengfeng Logistics (SFWL.US) continued to rise. As of press release, the stock had risen more than 17% to 8 US dollars. The transaction volume exceeded 1.09 million. The stock currently has a total market capitalization of $659 million. Since listing in April, the share has traded at a minimum of $2.94 and a maximum of $12.45.

Established in 2001, Shengfeng Logistics is a comprehensive logistics enterprise focusing on domestic cargo storage, road transportation and urban distribution. The company is based on contract logistics and focuses on key industries. Based on warehousing and distribution solution capabilities, with warehousing networks and road transportation as the core, we promote the layout of logistics networks across the country.