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- HKSTP Park Company Windrose Partners Decathlon China and Rokin Logistics to Accelerate Global Zero-Emission Trucking Revolution
(Hong Kong, 18 August 2023) – Hong Kong Science and Technology Parks Corporation (HKSTP) congratulates park company, Windrose HK Holdings Limited (Windrose), a pioneering developer of zero-emission and intelligent heavy-duty trucks, on its major partnership with global sports retailer, Decathlon and Rokin Logistics, in a joint mission to create more sustainable global supply chain operations.
The partnership's spearhead initiative involves the road testing of Windrose's cutting-edge electric trucks for Decathlon. This endeavor aligns seamlessly with Decathlon's commitment to achieving a 20% reduction in absolute CO2 emissions (including scope 1, scope 2 and scope 3) by 2026, a goal that underscores their dedication to combating climate change and advancing sustainable practices.
The collaboration between these visionary companies has united their efforts to address the urgent challenge of carbon emissions, particularly in the logistics industry. Rokin Logistics has not only strategically invested in Windrose but has also placed a forward-looking order of up to 200 Windrose zero-emission trucks, with deliveries slated to commence in 2024.
As a new member of the HKSTP innovation ecosystem, Chinese startup Windrose proudly opened its Hong Kong office in April this year at the Science Park campus. This partnership with HKSTP has ignited a new phase of growth, allowing Windrose to harness the power of innovation and tap into the HKSTP network that empowers Chinese and global startups to thrive on the international stage.
Ir Dr H.L. Yiu, Chief Corporate Development Officer of HKSTP, said: “HKSTP congratulates Windrose on this monumental achievement and expresses that the opening of the Windrose office at HKSTP is a testament to the dynamic environment that the Science Park fosters. This milestone partnership demonstrates HKSTP's role in nurturing groundbreaking initiatives and facilitating cross-border collaborations that drive meaningful change. We eagerly anticipate the positive impact of Windrose, Decathlon and Rokin Logistics’ collective innovative efforts on a global scale in demonstrating the I&T potential of Hong Kong and the GBA.”
Mr David Wang, Vice President of Decathlon China, said: "Decathlon's green logistics is a commitment to sport lovers in China for low-carbon delivery and we must accelerate the technological innovation to drive low-carbon business transformation. This requires close cooperation along the value chain. It is important for us to explore innovative solutions with our partners."
Mr Xingming Xiong, CEO of Rokin Logistics, echoed the sentiment, highlighting their determination to lead the charge in greener transportation. "We are committing significant resources to a large-scale deployment of Windrose zero-emission trucks as quickly as we can," Xiong affirmed.
Mr Wen Han, Co-founder, Chairman, and CEO of Windrose HK Holdings Limited, underscored the mutual benefits of this partnership: "Electrification of the truck fleet is not only a crucial step in their carbon reduction roadmap, but also an important help reduce their operating costs." The collaboration underscores Windrose's commitment to sustainable innovation and its dedication to serving global market leaders.
Photo 1: Mr Wen Han, Co-founder, Chairman, and CEO of Windrose HK Holdings Limited, said: “Electrification of the truck fleet is not only a crucial step in their carbon reduction roadmap, but also an important help reduce their operating costs.”
Photo 2: The collaboration between Windrose, Decathlon and Rokin Logistics have united their efforts to address the urgent challenge of carbon emissions, particularly in the logistics industry.
Photo 3: The New York Stock Exchange congratulates Windrose on its launching of zero-emission heavy-duty trucks initiative with Decathlon and Rokin Logistics, as well as its recent Series A fundraising.
Photo 4: Mr Wen Han, Co-founder, Chairman, and CEO of Windrose HK Holdings Limited (second from right) and his team moved into the Hong Kong Science Park in April this year.