G7 and China Eastern Aviation Import and Export Corporation Sign Strategic Cooperation Framework Agreement
SHANGHAI, April 18, 2018 - China Eastern Aviation Import and Export Corporation (CEAIEC) and G7 signed a strategic cooperation framework agreement today, marking a new milestone in the deepening of cooperation and coordinated development between the two companies. Together, they will actively pursue new channels of business to link all aspects of road and air transport.
CEAIEC is a comprehensive international trading company engaged under China Eastern Airlines. It has 30 years of professional experience in the import-export space of airplanes, spare parts, and related aviation equipment. It also has a business unit catering to logistics, customs clearance, bonded warehousing, and other supply chain service resources and capabilities. Through this, CEAIEC provides customers with end-to-end support for commercial aviation, aircraft materials import and export, and supply chain business services.
G7 is the industry's leading IoT company. Headquartered in Beijing, G7 has R&D centers and solution centers in Chengdu, Shanghai, and Guangzhou. With over 50,000 platform service customers, G7 has the most diversified logistic technology business across China. G7 has a total of over 600,000 connected vehicles, covering industries that include express delivery, e-commerce, hazardous chemicals transportation, cold chain logistics, automotive logistics, bulk transportation, urban distribution, and shippers. The smart FMS developed by G7 has become a standardized data protocol for collaboration in the field of logistics and transportation throughout China. G7's shareholders include GLP, Tencent, Eastern Bell Venture Capital, Temasek, China Development Bank, Bank of China Group Investment Limited, CCB International and other large institutions.
The two companies are committed to a wide range of strategic cooperation including services, branding, and industry development. Through this new agreement, the companies will make full use of resources to leverage complementary advantages and jointly develop the operating market.
In the future, CEAIEC and G7 will actively explore multifaceted cooperation in logistics and supply chain to realize a win-win cooperation.
(From left to right: G7 Founder and CEO Zhai Xuehun, General Manager of G7 Industry Solutions Division Chen Lining, Deputy CEAIEC General Manager Chairman of Eastern Airlines Supply Chain Company Lu Bin, Chairman of CEAIEC and Party Committee Secretary Yang Zhijie)