Panex WD International Group is honored to announce that we have recently successfully completed a multi-million dollar Series B financing led by Shunwei Capital. This round of financing will significantly enhance Panex WD International Group’s transportation capabilities on international trunk lines by air and sea, further optimize our overseas warehouse network and intelligent system, build a local tail-end delivery service system in destination countries, and expand our overseas omni-channel marketing professional team.
Our goal is to comprehensively enhance our company’s integrated service capabilities at each key node of the cross-border supply chain in order to better serve our high-quality customers in the fields of new energy, high-end furniture and smart home appliances, which represent China’s advanced manufacturing industry. In addition, we plan to expand deeply into the global market, especially in emerging markets such as Southeast Asia, South America and the Middle East, on the basis of consolidating our existing markets in developed countries. By continuously enriching our service portfolio and iterating information technology, we will promote digital and intelligent changes in the global supply chain industry, help develop the global logistics infrastructure and cross-border market, and strive to become a leading global integrated supply chain service provider.
In the global wave of Chinese brands going overseas, Panex WD International Group has always stood at the forefront of the corporate services industry, and has won the trust and reliance of many top brands with our efficient response time and refined, customized logistics supply chain services. We provide one-stop full-chain services from port departure, intercontinental transportation, customs clearance and declaration, overseas warehousing and value-added services, tailgate distribution to sales in destination countries.
Currently, we have served more than 5,000 core customers in more than 100 countries around the world, and have established close ties with more than 300 domestic and overseas platforms and more than 5,000 offline distribution partners. Our logistics transportation covers sea, air and land transportation, and we have built an excellent global network of self-owned overseas warehouses covering North America, Europe, Oceania, Southeast Asia, South America and other regions, with more than 80 overseas warehouses with a total area of more than 5.5 million square feet, which makes us one of the largest cross-border service providers in China nowadays.
▼Panex WD International Group Global Warehouses
Panex WD International Group has long been committed to solving the challenges of logistics, warehousing, and supply chain distribution encountered by Chinese quality brands in the process of going overseas. With the rise of cross-border e-commerce and the rapid development of brands going overseas, the sales model of enterprises has expanded from the traditional Big B distribution to the more decentralized small and medium-sized B-side, and even directly touches the C-side consumers.
Under this new trend, enterprises have put forward a more comprehensive demand for supply chain services, which are no longer limited to traditional services such as trunk transportation, DDU, DDP, etc., but extended to F2C end-to-end services, and value-added services such as customs clearance, warehousing, distribution and after-sales services overseas are particularly critical within this service scope.
Currently, the number of international supply chain service providers that can provide such services is limited, and most customers still need to rely on overseas agents or entrust multiple service providers in phases, which may not only increase the cost due to asymmetric information, but also reduce the communication efficiency and service experience, affecting the smooth progress of trade.Panex WD International Group is committed to integrating the entire cross-border supply chain, providing one-stop, efficient and accurate services. We provide one-stop, efficient and accurate logistics and supply chain services.
Meanwhile, for the service pain points encountered during overseas sales in categories such as medium- and large-sized goods, new energy products, high-end furniture, and smart home appliances, we provide a series of customizable value-added services, such as repairs, returns and exchanges, merchandise displays, and customer service, in order to optimize our customers’ global trade experience.
We have noticed that in the process of developing local sales channels overseas, Chinese brands often face challenges such as unfamiliarity with local markets and laws and regulations, a lack of understanding of local distribution channels, and a lack of brand awareness locally. As a result, brands have traditionally relied on large regional general agents for sales. With the advent of the post-epidemic era, brands are eager to shift from OEM to OBM model, which requires them to look for deeper overseas local sales channels, enhance localized service capabilities through omni-channel marketing, and increase awareness and sales in overseas markets.
▲Panex WD International Group part of the warehouse pictures show
Panex WD International Group, with years of deep cultivation in overseas markets, has established experienced localization teams and a wide network of distributors in the countries where we cover our business, which can effectively help enterprises to enter the local market at the lowest cost, reduce intermediate links, and improve brand recognition and profitability of overseas sales. In addition, we are familiar with the e-commerce environment of each country’s market, and can assist enterprises in successfully laying out their local e-commerce platforms at all levels, combining with their own needs, to truly realize the online and offline omni-channel market strategy.
Panex WD International Group’s ability to serve the entire chain of cross-border distribution has been highly recognized by many well-known corporate clients, logistics partners, e-commerce platforms and other partners. We have established long-term and stable cooperative relationships with many well-known Chinese leading enterprises in new energy, intelligent manufacturing, high-end furniture and home furnishings industries, and have become their strong supporters in the global market. At the same time, we have also become a full chain logistics service provider for many well-known cross-border e-commerce platforms such as Amazon, eBay, TikTok, Temu and so on. The trust of our customers and partners is the driving force for us to keep moving forward, and the best proof of our long-term adherence to customer first and service polarization.
At this time full of hope and challenges, we are full of confidence in the future. This financing is not only the capital market’s high recognition of Panex WD International Group’s business strength and development potential, but also a solid step towards a broader international arena, Panex WD International Group will continue to work together with new and old shareholders to move forward and provide customers with dreams of globalization with more convenient, efficient and cost-effective integrated supply chain services, Panex WD International Group will continue to work together with our old and new shareholders to provide customers with globalization dreams with more convenient, efficient and economical integrated supply chain services. With continuous innovation and excellent service quality, we will become a leader in the global supply chain service market and help more enterprises succeed on the global stage to create a brilliant future.
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