Page 98 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

98 ONE REPORT (FORM 56-1) 2024

Total Amount
Related Parties / Nature of (Unit: THB Million) Transaction
Relationships Transactions Rationale
Year 2023 Year 2024

JIAXING SHUN FENG Sales of goods and services KEX provides custom

TRANSPORTATION CO., LTD. clearance, last-mile delivery
Sales and service income - 0.008
A subsidiary of S.F. Holding Trade and other receivables - 0.008 service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
Operational Highlights and Financial Summary
shareholder clearance surcharge
rates and conditions are
comparable to those given
to third party.

Ezhou Shunlu Logistics Co Sales of goods and services KEX provides custom
clearance, last-mile delivery
A subsidiary of S.F. Holding Sales and service income - 0.016
Key Milestones
Co., Ltd, KEX’s ultimate major Trade and other receivables - 0.016 service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.

Business Overview
S.F. EXPRESS (WEIHAI) Sales of goods and services KEX provides custom
LIMITED clearance, last-mile delivery
Sales and service income - 0.016
A subsidiary of S.F. Holding Trade and other receivables - 0.017 service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder clearance surcharge
rates and conditions are
comparable to those given
to third party.

Foshan SF Express Co., Ltd. Trade and other receivables - 0.02 KEX provides custom
clearance, last-mile delivery
A subsidiary of S.F. Holding
Governance Structure and Practices
Co., Ltd, KEX’s ultimate major service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.

Hebei SF Express Co., Ltd. Sales of goods and services KEX provides custom
Financial Performance
clearance, last-mile delivery
A subsidiary of S.F. Holding Sales and service income - 0.001
Co., Ltd, KEX’s ultimate major Trade and other receivables - 0.001 service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.

Sustainable Development