China National Investment & Guaranty leads a strategic investment round in G7, a leading IoT logistics technology company, to enhance its digital platform and boost the sector's transformation.
Information on the Target
Recently, China National Investment & Guaranty announced a joint leading investment in G7, a prominent player in the logistics industry known for its innovations in Internet of Things (IoT) technology. Following this round of financing, G7 aims to leverage over ten years of experience and a significant data accumulation in the sector to enhance its capabilities in autonomous research and development.
The investment will support the creation of an industry-first multi-module integrated IoT SaaS platform. This advancement is expected to significantly push forward the digital and intelligent transformation of the entire logistics industry chain in China.
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Industry Overview in China
The logistics industry in China has seen rapid growth over the past decade, driven by the boom in e-commerce and an increasing demand for efficient supply chain solutions.
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