What Transfar Zhilian does

Transfar Zhilian (传化智联, 002010.SZ) is a publicly listed Chinese industrial company operating a dual-engine business in intelligent logistics and chemicals. Founded in 1997 (with chemical operations traceable to 1990 within parent Transfar Group), the company is headquartered in Hangzhou and was first listed on the Shenzhen Stock Exchange in 2004 before being renamed Transfar Zhilian in 2015 following a restructuring merger with Transfar Logistics.

The logistics business is built around China's largest intelligent highway port network — 70 ports nationwide covering 6.0248 million square meters of operating area, supported by 13,000+ dedicated routes and integrated multimodal transport. The platform architecture consists of three service systems: (1) Intelligent Highway Port Services providing physical infrastructure for 'collection, distribution, storage, transport, and delivery' with 87.1% occupancy and 80.86% gross margin; (2) Supply Chain Logistics Services offering intelligent cloud warehousing and industry-specific solutions targeting new energy, chemical, FMCG, and technology sectors; and (3) Ecological Value-Added Services comprising the Transfar Freight Network digital platform (37,974 shipper-end users, 142.86 billion CNY cumulative transaction volume, 13,664 active capacity lines across 1,505 cities), Transfar Pay fintech, and tech-finance offerings including factoring, financing lease, and insurance brokerage (682.28 billion CNY payment flow, 3.55 billion CNY factoring/lease balance, 3.88 billion CNY insurance premium volume as of mid-2023).

Underlying technology integrates AI (computer vision, AI agents, predictive analytics), digital twin systems, blockchain-based electronic receipts, and Beidou satellite positioning for end-to-end visibility. Autonomous vehicles were deployed in highway port operations in 2025, and the company holds Vice Chairman status in the Zhejiang Province AI Agent Industry Alliance. The chemical business (Transfar Chemical / 传化化学) produces functional chemicals, textile chemicals, and synthetic rubber including rare earth butadiene rubber (overseas revenue share 21.48%), operated globally with European presence via the 2016 acquisition of Netherlands-based Tona Chemicals.

Revenue model is B2B enterprise contract-based, combining subscription-style recurring revenue from highway port operations and managed services from supply chain solutions with transaction-fee revenue from the freight network, fintech, and one-time/structured revenue from the chemical business. As of December 31, 2025, the company reported operating revenue of 25.084 billion CNY, net profit of 590 million CNY, and platform turnover of 634.88 billion CNY.

Name

Transfar Zhilian

Legal name

传化智联股份有限公司

Website

https://transfarzl.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Transfar Zhilian operates a dual-engine business combining China's largest intelligent highway port logistics network (70 ports, 6 million sqm) serving manufacturing enterprises with a chemicals business producing functional and new materials for textile and rubber industries.

Ownership category

akta.pro rank

Product category

Intelligent Logistics Services

NAICS

Freight Transportation Arrangement (488510), Freight Transportation Arrangement (4885)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Intermodal Terminal Value-Added Services (Cross-Dock, Transload, Stuffing/Stripping) (TLAJAFAL)

akta.pro secondary industries

Rail-Truck Transload Terminals (Inland) (TLALAFAJ), Cross-Border Intermodal (Customs-in-Transit/Transit Regimes) Forwarding (TLACAEAJ)

Keywords

• Intelligent logistics platform
• Highway port services
• Supply chain logistics
• Digital freight network
• Functional chemicals materials

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Intelligent Highway Port Services: Revenue from highway port infrastructure operations including lease of facilities, logistics services, and comprehensive park management
2. Supply Chain Logistics Services: Warehouse operations, distribution, and integrated supply chain solutions for manufacturing enterprises
3. Network Freight Business (网络货运): Digital freight platform providing freight matching, transportation management, and logistics services with transaction fees
4. Ecological Value-added Services: Digital transportation services, tech-finance services including payment, factoring, financing lease, and insurance brokerage
5. Chemical Business (传化化学): Functional chemicals and new chemical materials including textile chemicals and synthetic rubber

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Transfar Zhilian operates an intelligent logistics platform built around 70 nationwide Intelligent Highway Ports that provide collection, distribution, storage, transportation, and delivery services to manufacturing and trading enterprises. The platform integrates supply chain logistics services, digital freight matching through the Transfar Freight Network, and ecological value-added services including tech-finance. The company also operates a chemical business producing functional chemicals, textile chemicals, and synthetic rubber through its Transfar Chemical division.

Product overview

Transfar Zhilian operates a dual-engine business model combining intelligent logistics and chemical operations. The logistics business is built on a platform-plus-modules architecture centered on the Intelligent Highway Port (智能公路港) network, supported by three major service systems: (1) Intelligent Highway Port Services providing physical infrastructure for 'collection, distribution, storage, transport, and delivery'; (2) Supply Chain Logistics Services offering intelligent cloud warehousing and industry-specific solutions for new energy, chemicals, consumer goods, and technology sectors; (3) Ecological Value-Added Services (传化货运网) providing digital network freight, technology financial services (传化支付, commercial factoring, financing lease, insurance), and ecosystem services. The chemical business (传化化学) operates as a separate division focused on functional chemicals and new materials. With 70 highway ports nationwide, 13,000+ dedicated routes, and 6.028 million square meters of operating area, the platform generated 634.88 billion yuan in platform turnover as of end-2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Intelligent Highway Port Services (智能公路港) Physical logistics infrastructure network providing standardized, intelligent, and green facilities for collection, distribution, storage, transport, and delivery services. Serves as the foundational hub for regional economic development and industrial integration across 70 ports nationwide.
• Supply Chain Logistics Services (供应链物流服务) Intelligent cloud warehouse and integrated logistics solutions targeting new energy, chemical, consumer goods, and technology sectors. Includes port warehouse operations, shared warehouses, and customized supply chain management with optimal cost, experience, timeliness, and interaction outcomes.
• Transfar Freight Network (传化货运网) Digital network freight platform providing full-chain services including freight booking, transportation management, real-time tracking, payment processing, and electronic document management. Enables manufacturing enterprises to digitally transform logistics operations through 13,664 active capacity lines covering 1,505 cities.
• TechFin Services (科技金融) B-end payment and financial services including quick payment, corporate banking payment, collection services, batch payments, aggregated payment, commercial factoring, financing lease (truck installment, equipment lease), and insurance brokerage for logistics ecosystem enterprises.
• Transfar Chemical (传化化学) Chemical business segment focused on functional chemicals and new chemical materials, including textile chemicals and synthetic rubber. Operates globally with R&D facilities and manufacturing capabilities, including the 2016 acquisition of Dutch chemical company Tona Chemicals.
• Shared Warehouse Services (共享仓) Flexible shared warehouse services in Zhengzhou, Chengdu, Hangzhou, Changsha, and Zibo. Provides standardized co-storage and distribution solutions for regional industries and small-to-medium customers requiring flexible warehouse access.
• Transfar Pay (传化支付) Comprehensive payment platform supporting quick payment, online banking, collection services, batch payments, and aggregated payment (Alipay/WeChat/UnionPay QR codes) for B-end logistics ecosystem with cumulative payment business flow volume of 682.28 billion yuan as of mid-2023.

Quantifiable outcome

• Platform transaction volume reached 634.88 billion yuan as of December 31, 2025
• +4 more outcomes

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered major, core and minor.

• 中国科学院青岛能源所 (Qingdao Institute of Energy, CAS)majorTechnology or Integration · 1 April 2026Transfar Synthetic signed a cooperation framework agreement with Qingdao Institute of Energy, CAS for research collaboration in synthetic materials and green technologies.
• 智元机器人 (Zhiyuan Robotics)coreStrategic or Co-development Partner · 1 November 2025Transfar Zhilian partnered with Zhiyuan Robotics and others to build a national embodied AI innovation platform. The partnership focuses on humanoid robot applications in logistics scenarios.
• ubrasminorStrategic or Co-development Partner · 1 November 2025Transfar Chemical participated in ubras 10th anniversary celebration, jointly creating a sustainable innovation consortium.
• 中石化四川分公司 (Sinopec Sichuan)majorStrategic or Co-development Partner · 1 September 2025Chengdu Smart Port signed strategic cooperation agreement with Sinopec Sichuan branch for energy and logistics collaboration.
• 宁德时代 (CATL)coreStrategic or Co-development Partner · 12 August 2025Transfar Zhilian and CATL jointly built a supplementary energy infrastructure network, creating a green logistics ecosystem. The partnership includes establishment of battery swap stations for heavy trucks and electric vehicle charging facilities at highway ports.
• 马石油 (Petronas)majorStrategic or Co-development Partner · 17 June 2025Transfar Zhilian signed a strategic memorandum with Petronas to accelerate the overseas expansion of its butadiene rubber business.
• 大金 (Daikin)majorStrategic or Co-development Partner · 5 June 2025Transfar Zhilian and Daikin entered a comprehensive strategic cooperation, marking 30 years of partnership and opening a new chapter of collaboration.
• 盛虹集团 (Shenghong Group)majorStrategic or Co-development Partner · 1 April 2025Transfar Textile Chemistry and Shenghong Group established a strategic joint laboratory for textile chemical innovation.
• SHEINmajorStrategic or Co-development Partner · 1 February 2025Transfar Chemical and SHEIN jointly established a laboratory to collaborate on sustainable textile innovations.
• 拓纳化学 (Tona Chemicals)coreStrategic or Co-development Partner · 1 January 2016Acquired Netherlands-based Tona Chemicals in 2016 to accelerate global expansion of chemical business. Shanghai Tona Chemicals received '专精特新中小企业' certification in 2025.

Scale indicators24 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Cainiao Network: Alibaba's logistics arm operating a digital logistics platform with global e-commerce fulfillment. Broad incumbent with platform-based logistics and supply chain services that overlap with Transfar's intelligent logistics platform.
• SF Holding: China's largest integrated express and logistics platform with comprehensive domestic and international capabilities. A broad incumbent in the Chinese logistics space with overlapping B2B supply chain offerings versus Transfar's highway port model.
• Sinotrans: State-backed Chinese logistics company offering freight forwarding, warehousing, and supply chain services. A broad incumbent in the same logistics category as Transfar with similar B2B enterprise focus and government-policy alignment.
• ZTO Express: China's largest express delivery company with extensive logistics infrastructure and digital platform. Broad incumbent serving Chinese shippers with comparable logistics services, though more focused on parcel/express than highway freight.
• COSCO Shipping Holdings: One of the world's largest container shipping and port operators with significant Chinese government backing. Broad incumbent in Chinese logistics infrastructure, comparable in scale to Transfar's national logistics network.

Direct peers

• Wanhua Chemical: Major Chinese chemical producer with strong presence in polyurethane, petrochemicals, and fine chemicals. Directly comparable to Transfar's chemical business segment, particularly synthetic rubber and functional chemicals.
• JD Logistics: Integrated supply chain and logistics platform serving Chinese e-commerce and enterprise customers with warehousing, transportation, and last-mile capabilities. Closely comparable to Transfar's supply chain logistics services for manufacturing enterprises.
• Full Truck Alliance (运满满): China's largest digital freight matching platform connecting shippers and truckers. Directly comparable to Transfar's network freight business (Transfar Freight Network) in serving Chinese shippers with digital load-matching and transaction fees.
• GLP (Global Logistic Properties) / ESR Group: Asia's largest logistics property operator with warehouse and industrial real estate across China. Directly comparable to Transfar's highway port infrastructure and national warehouse network footprint (6M sqm scale).

Regional players

• Kerry Logistics Network: Asia-Pacific integrated logistics provider with warehousing, freight forwarding, and supply chain services. Comparable in business model to Transfar but focused on Southeast Asia and Hong Kong markets rather than mainland China.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transfar Zhilian