Challenge Group has announced the signing of a Memorandum of Understanding (MOU) with China Henan Aviation Co., Ltd., the holding company owning CGO Airport, during a signing ceremony held yesterday at the Air Cargo China trade show.
The MOU was signed on 25th June by Yossi Shoukroun, CEO of Challenge Group, and Liu Jianming, Vice President of China Henan Aviation Co. Ltd. At the presence of Hon.Sun Shougang, Executive Vice Governor of Henan Province and Mr. Offer Gilboa, Founder of the Challenge Group.
The state-of-the-art CGO dual hub is fully equipped for optimal operations throughout the supply chain, combining highly trained staff with cutting-edge automation tools and line maintenance activity. The hub plays a crucial role in feeding important destinations in and out of China with road feeder service and rail links.
“We are very pleased with this agreement, which aligns with Challenge Group’s expansion plan and corporate values,” said Yossi Shoukroun, CEO of Challenge Group. “This partnership supports our business model based on strategic collaborations and strengthens our position in the global logistics industry.”
This collaboration comes just two months after the merger of CGO Airport and Henan Civil Aviation Development and Investment Co., Ltd. (HNCA) into a new group, enhancing the strategic significance of this MOU.
Challenge Group’s service offering will be complemented by expert end-to-end solutions and last-mile delivery services, ensuring seamless operations and improved service quality for customers.