Beijing, December 27th (Xinhua) -- Jia Shi JD Warehousing Infrastructure REIT announced on December 27th that Liu Qiangdong, founder and chairman of JD Group, as a concerted action person of the original equity holder of the fund, based on his confidence in the future development prospects of the fund and logistics infrastructure projects and recognition of their long-term investment value, will increase his holdings of fund shares through secondary market purchases or other methods recognized by the exchange within 24 months from the date of the announcement, with an increase amount not exceeding 100 million yuan.
According to public information, JiaShi JD Warehousing REIT was listed on the Shanghai Stock Exchange on February 8, 2023, and is the first privately-owned warehousing and logistics REIT. Its underlying assets include JD Group's three logistics parks located in Langfang, Wuhan, and Chongqing, with a total construction area of approximately 351000 square meters, all of which are scarce high-end warehouses.
In the modern supply chain system, warehousing and logistics infrastructure can not only effectively improve the efficiency and reduce costs of the warehousing and logistics industry, but also better promote consumption, serve industrial manufacturing and agricultural production, accelerate the pace of regional industrial structure upgrading, and provide more solid support for the development of the real economy. The Action Plan for Effectively Reducing Logistics Costs in the Whole Society, released at the end of November, clearly states that reducing logistics costs in the whole society is an important measure to improve economic efficiency. Among them, it is necessary to build a logistics distribution network with large-scale organization and integrated operation of trunk and branch logistics and warehousing and distribution. At the same time, a scientific and intensive layout of large-scale warehousing and logistics facilities such as suburban warehouse bases should be constructed, and a graded logistics distribution system covering distribution centers and end outlets should be improved.
As early as 2009, Liu Qiangdong stated that JD's dream of building a logistics system was to help reduce China's socialized logistics costs from over 18% to 6% -8%. An efficient logistics system not only connects production and consumption, but also provides service standards for the entire industry, ultimately contributing value to reducing the total cost of social logistics together with the whole society, so that the physical industry can continue to benefit.
According to Xinhua Finance, just a few days ago, JD.com released its 2024 year-end bonus distribution plan, gradually moving from 17 salaries to 20 salaries. At the same time, we have achieved an average salary increase of 2 months for over 20000 JD customer service representatives.