JD Logistics, Inc. (SEHK:2618) agreed to acquire a 49.32% stake in DEPPON LOGISTICS Co.,LTD. (SHSE:603056) from group of sellers for CNY 4.4 billion on March 11, 2022. In related transactions, JD Logistics entered into agreements to acquire additional stake in DEPPON LOGISTICS from management and minority shareholders. JD Logistics will acquire the stake from WX Cui, WG Cui, Li Yunman, Ding Shaohong, Zhu Yu, Ren Guifang, Jiang Haiping, Li Zhongmin, Zhang Haiyan, Ma Cuifang, Cao Wei, Li Liang, Zhu Jia and others.