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J&T EXPRESS-W, Probed by State Post Bureau, Forms Task Force to Rectify Workplace Safety Risks
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The State Post Bureau formally opened an investigation into J&T Express Co., Ltd. (literal translation of "極兔速遞有限公司"). In response, J&T EXPRESS-W (01519.HK) stated that its China operations attach great importance to the matter, sincerely accept the probe, and will resolutely comply with and fully cooperate in all investigations conducted by the competent authorities in accordance with laws and regulations. J&T underscored that workplace safety is a non-negotiable red line for enterprises. J&T China reflected deeply on the important instructions regarding production safety and acknowledged gaps and deficiencies, as the brand headquarters, in fulfilling unified safety management responsibilities over certain enterprises operating under the "J&T Express" trademark, trade name, and waybills. The lessons learned are profound. J&T China said it sincerely accepts supervision. The company immediately established a special task force led by its head of safety to conduct comprehensive inspections and rectification of potential workplace safety hazards. It pledged to strictly reinforce unified management responsibilities, further enhance and refine unified safety management systems and control standards for relevant enterprises and franchise outlets, and clarify a four-tier safety responsibility chain covering the China headquarters, agency regions, transit centers, and outlets. J&T EXPRESS-W once plunged 14.2% to a trough of HKD7.54. It last reported at HKD8.17, down 7.05%, with turnover of 100 million shares, involving HKD823 million. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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