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J&T EXPRESS-W Stumbles 8%+ as State Post Bureau Files Case Over Potential Safety Hazards
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The State Post Bureau announced that multiple production safety accidents have occurred since the beginning of this year at enterprises operating express delivery businesses using the "J&T EXPRESS" trademark, brand name and waybills.

Inspections have repeatedly identified potential production safety hazards at their premises. J&T Express Co., Ltd. (literal translation of "極兔速遞有限公司") was found to have deficiencies in safety production management over related J&T EXPRESS enterprises and failed to implement unified safety protection management as required.

The State Post Bureau therefore filed a case for investigation against J&T Express Co., Ltd. in accordance with the law.

J&T EXPRESS-W (01519.HK) last quoted at HKD8.01, down 8.87%, with a turnover of 33.2926 million shares, involving HKD277 million.
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