Investment in Winshine Logistics Hand in Hand by Li Yuan Venture Capital and Alibaba
Release time：2016-07-11

In June 2016, Li Yuan Venture Capital officially completed investment in Shanghai Winshine Cultural Development Co., Ltd. (Winshine Logistics). The financing was initiated by Cainiao Logistics, and Li Yuan and Fosun Group followed the step.

As a domestic corporate champion of cash on delivery (COD), Winshine has the largest COD network of direct e-commerce. Winshineis committed to providing the last stop of distribution services with high-quality and customization. By means of industry experience and system superiority, Winshine became the only operator of public distribution in Cainiao logistics park and a significant node of new type of logistics chain built by Cainiao.

For COD industry, average growth rate has surpassed 100% during the past three years. As a baron, Winshine performed far more better than average results obtained in the industry, with revenue and profits soaring explosively. Counting on fast growth and strong backup from shareholders, Winshine is expecting to have a huge space in future development.

After the financing, Li Yuan will continuously put more strategic resources in Winshine as Winshine has enormous preponderance in COD industry as well as unique business model and powerful patronage from shareholders. Afterwards, Winshine will expand its own commercial territory and advance China's logistics industry.