Deppon

Deppon is a Chinese logistics brand whose business developed from less-than-truckload freight into a broader integrated logistics platform. The company was established in 1996 and built its reputation around transporting relatively large, heavy or irregular consignments that do not require a full truck. This positioning distinguished Deppon from parcel-focused express companies and made it relevant to manufacturers, distributors, wholesalers, retailers and other business customers operating across China. Over time, Deppon expanded its service portfolio beyond traditional freight forwarding. Its principal activities have included less-than-truckload transportation, full-truckload transportation, express delivery, warehousing and supply-chain services. The brand has used a combination of line-haul transportation, distribution facilities, service outlets and digital tracking tools to connect industrial and commercial shipments with customers in cities and regional markets throughout mainland China. Its express operation also broadened the customer base by accepting smaller parcels and time-sensitive shipments alongside its historical freight business. Deppon became a publicly traded company in China, with its listed operating entity trading on the Shanghai Stock Exchange under ticker 603056. In 2022, JD Logistics completed an acquisition of control of Deppon through an agreement involving Deppon Logistics and related shareholders. Following the transaction, Deppon became part of the JD logistics ecosystem and was delisted from the Shanghai exchange. The acquisition gave JD Logistics access to Deppon's freight network, large-item transportation capabilities and experience serving industrial customers, while Deppon gained a strategic relationship with one of China's largest technology and retail groups. The brand continues to operate under the Deppon name within the JD Group. Its business scope is commonly associated with express delivery, less-than-truckload and full-truckload freight, warehousing, contract logistics and supply-chain solutions. In practical terms, Deppon occupies a position between parcel express and enterprise logistics: it can serve individual and small-business parcel demand, but its historical strength remains the movement of bulky, heavy and palletized cargo. Present corporate descriptions and market materials should be checked against the latest JD Logistics and Deppon disclosures because ownership structure, reporting lines and service terminology may change over time.

Deppon was founded in 1996 in China by Cui Weili. Its early development centered on less-than-truckload freight, a segment serving shipments that are larger than ordinary parcels but smaller than a dedicated full truck. This market required a different operating model from conventional parcel delivery: freight had to be consolidated, moved through regional hubs and delivered with handling capacity appropriate for heavier and bulkier goods. The company expanded its network and developed a broader logistics offering as Chinese manufacturing, wholesale distribution and e-commerce created demand for nationwide freight coverage. Deppon's activities came to include full-truckload transport, express delivery, warehousing and supply-chain services. The brand's public positioning combined network-based transportation with customer-facing outlets and shipment-tracking capabilities. Its historical customer base included enterprises and merchants shipping machinery, furniture, appliances, materials and other non-standard or relatively heavy goods, although the express business also supported smaller shipments. Deppon Logistics Co., Ltd. became a listed company on the Shanghai Stock Exchange under ticker 603056. Public-market status provided a formal reporting structure while the company continued to compete in China's increasingly crowded logistics sector. The business operated in a market containing parcel express companies, freight specialists, road transport providers and integrated supply-chain operators. Deppon's differentiation remained closely linked to freight expertise and the ability to handle cargo outside the standard small-parcel model. In 2022, JD Logistics reached an agreement to acquire control of Deppon Logistics. The transaction brought Deppon's network and less-than-truckload capabilities into the JD Group. It also reflected broader consolidation in Chinese logistics, where technology, fulfillment infrastructure, freight capacity and enterprise supply-chain services were increasingly being combined. After completion of the transaction, Deppon became a subsidiary within the JD logistics structure and its shares were removed from public trading. The Deppon brand remains active as a logistics operating brand under JD Logistics. Its current identity encompasses express delivery, freight transportation and integrated supply-chain services, while its historical reputation continues to be associated with large-item and less-than-truckload logistics. Because detailed operating metrics and management structures can change after integration, current claims about network size, revenue, executive appointments or service coverage should be verified through the latest company disclosures rather than inferred from older listed-company materials.

• 2022

  JD Logistics acquired control of Deppon

  [2]JD Logistics announces proposed acquisition of Deppon Logisticsir.jdl.com

  JD Logistics completed the announced control acquisition, bringing Deppon into the JD Group and extending JD's freight and supply-chain capabilities.

• 2018

  Deppon Logistics listed in Shanghai

  [3]Shanghai Stock Exchangesse.com.cn

  Deppon Logistics Co., Ltd. became a public company on the Shanghai Stock Exchange under ticker 603056.

• 1996

  Deppon was founded

  [1]Deppon Expressen.wikipedia.org

  Cui Weili founded the business that became Deppon, initially building its activities around freight transportation in China.

A China-focused integrated logistics provider with historical strength in less-than-truckload and bulky-cargo transportation, complemented by parcel express and supply-chain services.

• Express delivery

  Deppon Express

  Parcel and express-delivery services operating under the Deppon brand. The service extends the company's traditional freight expertise into smaller, more time-sensitive shipments for consumers, merchants and business customers. Offerings generally include pickup, line-haul transportation, delivery and shipment tracking within the domestic Chinese network.

• Freight transportation · 1996

  Deppon less-than-truckload freight

  The company's historic core service for cargo that does not fill an entire truck. Shipments are consolidated with other consignments and moved through a network of freight facilities and line-haul routes. The service is suited to commercial and industrial cargo such as equipment, materials, furniture and other bulky or relatively heavy goods.

• Freight transportation

  Full-truckload transportation

  Dedicated road transportation for shipments requiring the capacity of a complete truck. This offering complements less-than-truckload services and allows the company to address larger enterprise, manufacturing and distribution movements within China.

• Supply-chain logistics

  Warehousing and supply-chain services

  Warehousing, distribution and related contract-logistics capabilities for business customers. These services support the storage and movement of goods across a supply chain rather than only a single point-to-point shipment, and are part of the broader integrated-logistics proposition associated with Deppon.

• 2021

  Employee Secretly Diverts Cargo, Customer Overpays Freight

  In January 2021, China Economic Net reported that an employee of Deppon Express used customer information to privately transfer cargo, causing the customer to pay RMB 3,000 more in freight. Deppon said the person involved was a former courier who had used the company’s name to solicit shipments and had been dealt with seriously. Deppon apologized and handled the matter.

  Source

• 2019

  Staff Leak 500,000 Customer Records in Fraud Worth Over RMB 12 Million

  In 2019, several couriers and a regional manager at Deppon Express stole about 500,000 customer records and provided them to unscrupulous e-commerce operators to carry out a “99 yuan cash-on-delivery” scam, with the case value exceeding RMB 12 million; 13 people were criminally detained. Deppon said it cooperated with police arrests and strengthened information security management. The case exposed loopholes in personal information management in the express delivery industry.

  Source

Read more

• 2022

  Joining the JD Logistics groupM&A

  Background

  JD Logistics sought control of Deppon Logistics to combine its technology and logistics ecosystem with Deppon's freight network and less-than-truckload capabilities.

  Action taken

  JD Logistics completed the acquisition of control of Deppon Logistics. Deppon continued as a branded operating business, while its former listed-company status ended after the transaction.

  Aftermath

  Deppon became a subsidiary of JD Logistics and part of the JD Group's broader logistics platform.

  Source

• 2022.03.11

  JD Logistics and Deppon announce strategic cooperation[9]京东物流与德邦宣布战略合作finance.qianlong.com

  JD Logistics and Deppon announced strategic cooperation covering express delivery, cross-border services, warehousing and supply chains.

• 2022.03.11

  Reported2022.03.11

  JD-affiliated JD Zhuofeng agrees to acquire a controlling stake in Deppon[10]京东旗下京东卓风拟取得德邦控股权finance.sina.com.cn

  Deppon said its shareholders and JD-affiliated JD Zhuofeng signed transaction documents for a share transfer involving 93,862,533 shares, under which JD Zhuofeng would indirectly control the 66.5% stake held by Deppon Holdings. The article also reports that the parties had not yet signed the relevant transaction agreement, so the acquisition was not reported as completed.

• 2020.11.21

  Deppon Express wins two logistics industry awards[11]德邦快递荣获两项物流行业大奖hy.stock.cnfol.com

  Deppon Express received the “National Advanced Enterprise in the Logistics Industry for Epidemic Response” and “2020 China Logistics Outstanding Enterprise” awards at the 2020 China Logistics Entrepreneurs Annual Conference.

• Unconfirmed

  Reported2020.05.27

  Yunda takes a strategic stake in Deppon[12]韵达战略入股德邦tech.sina.com.cn

  The article headline reports that Yunda made a strategic investment of more than 600 million yuan in Deppon.

• 2020.05.26

  Reported2020.05.26

  Yunda announces proposed investment in Deppon[13]韵达公告拟投资德邦tech.sina.com.cn

  Yunda announced that its wholly owned subsidiary Ningbo Fushan proposed to invest 614 million yuan to subscribe for about 66.74 million shares of Deppon. If completed, the investment would give Yunda an approximately 6.5% stake and make it Deppon's second-largest shareholder.

• 2020.05.24

  Reported2020.05.24

  Debang announces share issuance to Yunda subsidiary[14]德邦宣布向韵达子公司定向发行股份finance.sina.com.cn

  Debang announced a private share issuance raising no more than RMB 614 million, with Yunda’s wholly owned subsidiary Fusang Investment as the sole subscriber. After the transaction, Ningbo Fusang would hold about 6.5% of Debang’s shares and become its second-largest shareholder.

• 2020.05.24

  Yunda and Deppon agree to strategic cooperation[15]韵达与德邦达成战略合作stock.finance.sina.com.cn

  Deppon announced that it, Yunda's wholly owned subsidiary Fushan Investment, and a third party signed a conditional strategic cooperation agreement. The cooperation includes cross-selling, resource sharing and integrated product services.

Read more

1. 1Deppon Expressen.wikipedia.org
2. 2JD Logistics announces proposed acquisition of Deppon Logisticsir.jdl.com
3. 3Shanghai Stock Exchangesse.com.cn
4. 4Deppon Express - Wikidatawikidata.org
5. 5德邦物流 - 维基百科zh.wikipedia.org
6. 6Staff Leak 500,000 Customer Records in Fraud Worth Over RMB 12 Millionnosec.org
7. 7Staff Leak 500,000 Customer Records in Fraud Worth Over RMB 12 Millionithome.com
8. 8Employee Secretly Diverts Cargo, Customer Overpays Freightfinance.ce.cn
9. 9京东物流与德邦宣布战略合作finance.qianlong.com
10. 10京东旗下京东卓风拟取得德邦控股权finance.sina.com.cn
11. 11德邦快递荣获两项物流行业大奖hy.stock.cnfol.com
12. 12韵达战略入股德邦tech.sina.com.cn
13. 13韵达公告拟投资德邦tech.sina.com.cn
14. 14德邦宣布向韵达子公司定向发行股份finance.sina.com.cn
15. 15韵达与德邦达成战略合作stock.finance.sina.com.cn