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J&T EXPRESS-W (01519.HK) Probed by State Post Bureau; Forms Task Force to Rectify Workplace Safety Risks
2026-06-11 14:31:31 The State Post Bureau has formally opened an investigation into J&T Express Co., Ltd. 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 emphasized 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 has 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. The company will focus on closed-loop rectification of key processes, conduct comprehensive risk assessments of critical areas including sorting and loading operations, vehicle access, equipment maintenance, and personnel operations, establish detailed records, set rectification deadlines, and implement closed-loop management. It will also continue to strengthen frontline worker protection by enhancing safety education and job training, increasing the deployment of on-site safety officers, protective facilities, and emergency supplies, and improving employees癒礎 safety awareness and self-rescue and mutual assistance capabilities to firmly safeguard the safety baseline. J&T China stated that it will treat the investigation as a serious warning, draw lessons, implement immediate corrective actions, ensure rectification requirements are fully executed, and proactively accept supervision from regulators and the public to firmly safeguard the safe and stable operation of the postal and express delivery industry. J&T EXPRESS-W once plunged 14.2% to a trough of HKD7.54. It was last reported at HKD8.17, down 7.05%, with turnover of 100 million shares, involving HKD823 million. (jl/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese 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. | |