Eason A, Executive Vice President of Inceptio Technology,and Mr. Yuan Sanmao, Senior Vice President of Yimidida

As part of the strategic deal, the two companies will work together on the operation of intelligent truck transport services by leveraging their respective expertise and resources. The hundred-level tailor-made intelligent truck leasing deal allows both sides to acquire the data on vehicle operation and large-scale fleet management, thus facilitating the large-scale operational network of intelligent truck transport services.

Inceptio Technology executives and Yimidida representatives

With a mission to achieve 'smarter logistics and faster connection,' Yimidida is committed to providing comprehensive, cost-effective logistics solutions to cater to customers' diverse needs," said Mr. Yuan Sanmao, Senior Vice President of Yimidida. "As a young, technology-driven logistics company, we will grow faster by seizing the opportunities presented by this cooperation. With new intelligent truck technologies and customized services, we will be able to better serve our customers' individual needs with higher efficiency at lower costs.

Mr. Yuan Sanmao, Senior Vice President of Yimidida

Aiming to transform 'laborious logistics' to 'smart logistics,' Inceptio Technology has been dedicated to provide large-scale intelligent truck transport solutions in the belief that 'Technology creates value,'" said Julian Ma, CEO of Inceptio Technology. "We seek to work with logistics industry players like Yimidida to help them operate more efficiently and safely. This cooperation with Yimidida is expected to accelerate the large-scale application of intelligent trucks and pave the way for the commercialization of Inceptio L3 autonomous-driving trucks.

About Yimidida

Founded in 2015 in Shanghai, Yimidida Supply Chain Group Co., Ltd. is a leading LTL service platform that operates with an innovative model incorporating inter-province (A) and intra-province (B) logistics networks. With a mission to achieve 'smarter logistics and faster connection,' Yimidida is committed to providing comprehensive, cost-effective logistics solutions to cater to customers’ diverse needs. Having completed its sixth round of funding (Series D), the company is backed by investments from top financial and industrial investors both in China and abroad. As of December, 2018, the company has built a nationwide network across 31 provinces with 12,000 branches, nearly 1,500 trunk lines, 2,255 vehicles, nearly 200 distribution centers, and an operation area of 700,000 square meters, covering all tier-1 and tier-2 cities and 90% of district- and county-level regions. With over 16,000 employees nationwide, the company has established itself as one of China’s leading LTL service platforms in terms of both number of trunk and feeder lines and transport capacity.