JD.com (09618.HK) announced that it recently signed a strategic cooperation agreement with Qinghai Transportation Holding Group (Qinghai Jiaokong). The two parties plan to engage in deep cooperation in areas such as centralized purchasing business, logistics warehousing, digital infrastructure, asset disposal, and cultural tourism business, to jointly promote the digital intelligence of the entire transportation industry chain and the high-quality development of the regional economy.

According to the cooperation agreement, JD.com will leverage its leading capabilities in e-commerce, technology, supply chain, and finance to provide a comprehensive solution for Qinghai Jiaokong, such as creating a dedicated procurement platform for Qinghai Jiaokong Group, improving digital management levels, and reducing procurement costs.

The two parties will also collaborate in the logistics warehousing sector, focusing on logistics, trade, warehousing, information technology, and financial services along transportation lines. JD.com will provide precise support for key projects of Qinghai Jiaokong, such as logistics, cold chain, agricultural wholesale, bulk materials, and service areas, based on its own supply chain infrastructure and nationwide warehousing network.