STO CEO Xi Chunyang emphasized that this strategic cooperation will rely on information technology to achieve technology sharing between the two parties in information technology, routing, standardization, etc., and accelerate the construction of informatization, automation, and standardization. At the same time, they will also use the resources and product advantages of both parties to target their respective target customer groups at different levels to form a business structure with wide coverage, diversity and strong adaptability. In addition, both parties will be market-oriented, increase the management and control of outlets and policy support, and increase the development and layout of outlets in remote and economically underdeveloped areas.

It is understood that after STO and Tiantian completed the reorganization, Chen Dejun, the former chairman of STO, was appointed as the chairman of STO and Tiantian; Xi Chunyang, the former chairman of Tiantian Express, was appointed as the president of STO and Tiantian; Chen Xiangyang was appointed as the executive vice president of STO and Tiantian. Although they are still two companies, the management has communicated with each other.

In addition, it is worth mentioning that as early as 2012, Xi Chunyang, the former president of STO Group, took over 60% of the equity of Tiantian Express for 160 million yuan and served as the chairman and CEO of Tiantian Express. In addition to this capital relationship, STO and Tiantian also have a family in-law relationship. Xi Chunyang, chairman of Tiantian Express, is the brother-in-law of Chen Dejun, chairman of STO Express. Xi Chunyang served as the president of STO Express before taking over Tiantian Express in 2012, and is one of the core founders of STO Express.

Industry analysts believe that the current express delivery industry has gradually entered a period of consolidation in the first half of this year. In May of this year, Alibaba and Yunfeng Fund invested in YTO; in June, SF Express, STO and others invested 500 million yuan to establish Fengchao Technology to enter the field of smart express lockers. Then YTO joined Cainiao Station and opened terminal agencies to the public for public self-service. Tips.