On December 27th, Jia Shi JD Warehousing Infrastructure REIT (Fund Code: 508098) announced 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.
JiaShi JD Warehousing REIT was listed on the Shanghai Stock Exchange on February 8, 2023. It is the first privately-owned warehousing and logistics REIT, and 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 high-end warehouses.
The "Action Plan for Effectively Reducing Logistics Costs in the Whole Society" released at the end of November pointed out the need 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, it is necessary to scientifically and intensively layout and construct large-scale warehousing and logistics facilities such as suburban warehouse bases, and improve the hierarchical logistics distribution system covering distribution centers and end outlets.
An efficient logistics system ultimately contributes value to reducing the total cost of social logistics together with the whole society, allowing the physical industry to continue to benefit.
As early as 2009, Liu Qiangdong proposed that JD.com build a logistics system to help reduce China's socialized logistics costs from over 18% to 6% to 8%.