Group 1 - The 2025 World Cross-Border E-Commerce Development Conference was held in Langfang, focusing on building a global marketing service system to empower industrial belts for overseas expansion [1][3] - The conference released the "Operating Standards for Cross-Border E-Commerce Platform Enterprises and Related Service Providers," providing guidance for the standardized management of the cross-border e-commerce industry [3][7] - Shenzhou Holdings KJ has actively participated in the formulation of the operating standards and received certification as a global cross-border e-commerce marketing service provider, offering practical solutions for digital empowerment and the construction of a new ecosystem for cross-border supply chains [3][4] Group 2 - The conference featured a keynote speech by Shenzhou Holdings KJ's Executive Vice President, who proposed a comprehensive solution for the digital development of industrial belts, emphasizing the importance of technology, scenarios, and ecosystem integration [4] - The newly released standards aim to create a sound governance system for cross-border e-commerce, promoting orderly and sustainable development within the industry [7] - Shenzhou Holdings KJ has expanded its cross-border e-commerce ecosystem network, covering the entire process from warehousing and logistics to cross-border payment, customs clearance, and marketing operations [7][9] Group 3 - Shenzhou Holdings KJ was selected as one of the few global cross-border e-commerce marketing service providers, gaining priority access to connect with industrial belts and brand enterprises [9] - The company has established connections with over 40 mainstream e-commerce platforms and operates more than 20 overseas warehouses, with a transportation network covering 50 countries and regions [9] - The demand for supply chain digitalization and cross-border e-commerce technology services is high among enterprises, indicating a pressing market need as the scale of cross-border development expands [11]

Group 1 - The Trusted Data Space Development Alliance was established on April 29, 2025, to promote the construction of a national integrated data market and accelerate the practical promotion of trusted data space [1] - Digital China Holdings Limited and its subsidiary, Shenqi Digital Co., Ltd., were approved as members of the alliance, recognizing their achievements in data security, trusted circulation, and digital transformation [1][2] - The alliance aims to focus on industry pain points and practical needs, promoting the development of key results and cultivating significant benchmarks in trusted data space [1] Group 2 - Digital China Holdings has a unique first-mover advantage in the data element field, with its Yanyun DaaS product covering the entire data lifecycle [2] - The company has launched Yanyun Infinity in collaboration with Peking University, creating a value loop from "Data for AI" to "AI for Process" [2] - The company's trusted data space solutions have been applied in various sectors, including government, supply chain, and finance, and are actively promoting the establishment of trusted data space standards [2] Group 3 - The company initiated a logistics data open interconnection initiative with Beijing Jiaotong University and China Data Union Logistics to accelerate the release of data element value in the logistics sector [3] - Trusted data space is seen as a key lever for the marketization and valuation of data elements, providing a safer and more efficient infrastructure for market allocation [3] - Membership in the Trusted Data Space Development Alliance offers opportunities for expanding the data element market, enhancing ecological cooperation, and promoting industry standard formulation [3]

5月15日-16日，SSCL第八届亚太智慧供应链与物流创新博览会暨第十六届上海国际物流节在上海举 行，国内外顶尖供应链专家学者以及供应链管理领先企业资深从业人士汇聚一堂，共商智慧物流与供应 链的前沿话题。作为活动的重要环节，"SSCL金链奖"颁奖仪式在15日晚隆重举行，神州控股（00861） 旗下智慧供应链品牌企业科捷荣获"SSCL金链奖-最佳供应链创新奖"。 此次荣获"SSCL金链奖-最佳供应链创新奖"，既是行业对科捷技术实力的认可，也为其持续深耕智慧供 应链注入新动力。面向未来，科捷将继续以技术创新为核心引擎，深耕细作各行业物流场景，不断优化 提升AI算法在预测、调度、决策等场景的应用，从而进一步为客户提供更高效、低碳、柔性的数智化 服务，在推动有效降低全社会物流成本行动中做出更大贡献。 在本次活动上，神州控股科捷营销副总经理夏旭做了题为《订单高弹性比的供应链应对方案》的主题报 告。目前，"6.18"电商大促活动正在各大电商平台展开，这份报告可谓正当其时。科捷已连续15年 在"双11"大促中取得令客户满意的成绩，在同类企业中唯一一家达成这一成就，大促应对经验十分丰 富。公司通过核心技术驱动和持续的微创新， ...

Core Viewpoint - The recent release of two national standards in the field of ecological environment big data marks a significant step in establishing systematic technical specifications for ecological environment big data in China, with the company playing a key role in their development [1][3]. Group 1: National Standards and Company Involvement - The national standards titled "Classification and Codes of Ecological Environment Big Data" (GB/T45408-2025) and "Framework of Ecological Environment Big Data System" (GB/T45397-2025) will be implemented starting October 1, 2025 [1]. - The company participated in the formulation of these standards, leveraging its advanced technological capabilities and successful practices in the ecological environment sector [1][3]. - The company has also become a member of the first standardization technical committee for artificial intelligence established by the Ministry of Industry and Information Technology, covering multiple working groups [1]. Group 2: Company’s Technological Capabilities and Solutions - The company, as a brand enterprise of Shenzhou Holdings in the data intelligence field, has led or participated in the development of 184 national and industry standards, with 92 approved and published [2]. - The company has developed the Yanyun Infinity intelligent software platform, which integrates data fusion and intelligent applications, providing end-to-end services across the data lifecycle [2]. - The company’s core technology enables seamless access to various types and modalities of data, facilitating rapid construction of digital twins through a no-code business modeling platform [2]. Group 3: Focus on Ecological Environment and Industry Impact - The ecological environment remains a key focus for the company, which aims to support the construction of a resource-saving and environmentally friendly society through intelligent solutions [3]. - Successful projects include the smart environmental protection system for the Beijing Expo and Winter Olympics, as well as smart water management projects in Jilin Province [3]. - The company is actively applying its data intelligence technology in supply chain and retail sectors, aiming to enhance efficiency and reduce costs through deep data value extraction [3].

Group 1 - Shenzhou Holdings (00861.HK) signed a cooperation agreement with Beijing Jiaotong University to promote green supply chain initiatives, focusing on talent cultivation, research collaboration, and sustainable development in the transportation and logistics sector [1] - The new generation Yanyun Infinity, introduced by Shenzhou Holdings, is an AI and data-driven decision-making platform designed to enhance supply chain efficiency through collaborative decision-making between humans and AI [1] - Shenzhou Holdings' subsidiary, KJ Logistics, has over 20 years of experience in the smart supply chain sector, providing a comprehensive service system that includes warehousing, transportation, e-commerce operations, and supply chain digitalization [2] Group 2 - Shenzhou Holdings has recently signed contracts with major automotive companies such as Changchun FAW and SAIC-GM-Wuling, leveraging its extensive network of over 2,600 integrated service points to enhance operational efficiency and reduce costs [2][3] - The company's standardized service and solution replication model across regions and industries has been validated by recent contracts, indicating strong market acceptance [3] - With the acceleration of digital transformation in China and the promotion of AI applications, Shenzhou Holdings is positioned to capitalize on market opportunities by focusing on data value release and AI scenario applications [3]

Group 1 - The forum emphasized the importance of logistics data openness and interconnectivity, with 16 pilot cities and various organizations jointly launching an initiative to create a new mechanism for data circulation and a digital logistics ecosystem [3][10] - A cooperation agreement was signed between Beijing Jiaotong University and Digital China Holdings, focusing on talent cultivation, research collaboration, and the establishment of a green supply chain [5][10] - The forum highlighted the role of Shenzhou Holdings in leveraging its unique advantages in data collection and technology to enhance supply chain efficiency through its AI-driven platform, Yanyun Infinity [7][10] Group 2 - Shenzhou Holdings' subsidiary, KJ Logistics, has developed a comprehensive service system covering warehousing, transportation, e-commerce operations, and supply chain digitalization, significantly improving logistics efficiency [8] - The company achieved notable results in green supply chain practices, with a 37.86% reduction in greenhouse gas emissions and a 14.75% decrease in packaging material usage in 2024 [9] - The forum served as a significant platform for collaboration among universities, leading tech companies, and industry organizations, promoting the digital transformation of the logistics sector [10]

Group 1 - The core financial performance of Shenzhou Holdings includes a revenue of 16.657 billion yuan, strong cash flow, and a substantial order backlog, with total assets of 22.307 billion yuan and net assets of 9.507 billion yuan as of the end of 2024 [1] - The company reported an operating cash flow of 600 million yuan, new contracts worth 11.377 billion yuan, and unfulfilled signed contracts amounting to 6.944 billion yuan [1] - Shenzhou Holdings is focusing on the integration of AI technology with smart supply chains and fintech, increasing its investment in core technology areas, with R&D expenses of 732 million yuan and 390 new patents filed [1] Group 2 - The company has over 2,600 integrated service points nationwide and has recently signed contracts with major automotive manufacturers to provide IT operations management and consulting services, enhancing operational efficiency and resource allocation [2] - Shenzhou Holdings will co-host a forum on digital transportation and logistics during the Digital China Construction Summit, aiming to promote the digital transformation of the logistics industry [2] - The company is leveraging a "technology + scenario + ecosystem" model to capture market opportunities, with its upgraded data service platform, Yanyun Infinity, driving business development [2] Group 3 - Shenzhou Holdings launched an end-to-end integrated data intelligence solution, DeepSeek, to assist clients in addressing professional challenges while maintaining operational agility [3] - The government has emphasized accelerating digital construction and reducing logistics costs as a core strategy for enhancing economic efficiency, presenting new opportunities for Shenzhou Holdings [3]

Core Insights - The eighth Digital China Construction Summit will be held in Fuzhou, Fujian Province, with a focus on digital transportation and logistics [1] - This year marks the 10th anniversary of "Digital China" and the 25th anniversary of "Digital Fujian," showcasing the achievements of Shenzhou Holdings in empowering digital governance [1] Group 1: Digital Initiatives in Longyan - Longyan, a famous revolutionary area, has seen the successful implementation of the "Digital Longyan" project since 2014, which has been replicated in multiple cities across Fujian [2] - The "e-Longyan" platform, launched in 2018, facilitates data sharing and public service interactions, allowing citizens to report issues via mobile devices, creating a closed-loop service system [2] Group 2: Expansion of Digital Models - Following the success of the Longyan model, Shenzhou Holdings has developed the "e-Sanming" and "e-Zhangzhou" models, enhancing public service efficiency in Sanming with 1.96 million registered users and 2.7 billion total visits [4] - In Zhangzhou, the Zhangzhou Tong app serves as a unified public service platform, with 2.326 million users and approximately 4.8 million online transactions [6] Group 3: AI Integration in Zhangzhou - Shenzhou Holdings has introduced an AI assistant named "Houxi," which utilizes a localized deployment of the DeepSeek model to enhance government service efficiency [7] - "Houxi" has achieved over 95% accuracy in answering inquiries related to government services and offers innovative features like automatic service entry suggestions [9] Group 4: Future Contributions - Shenzhou Holdings aims to continue developing replicable models for digital governance, contributing to the broader goals of Digital China [9]

Group 1: Performance and Financials - The company reported a total revenue of 16.657 billion RMB for the year 2024, demonstrating stable business development and strong asset strength [2] - As of the end of 2024, total assets amounted to 22.307 billion RMB, with net assets of 9.507 billion RMB, and operating cash flow of 600 million RMB during the reporting period [2] - The company secured new contracts worth 11.377 billion RMB, with unfulfilled signed contracts totaling 6.944 billion RMB, laying a solid foundation for long-term and stable growth [2] Group 2: Strategic Focus and Innovation - The company is focusing on the integration of AI technology with smart supply chains and financial technology, continuously increasing investment in core technology areas [2] - In 2024, the company invested 732 million RMB in R&D, added 390 new patents, and led the formulation of 184 national and industry standards, establishing a strong foundation for long-term development in the digital field [2] Group 3: Technological Integration and Market Positioning - The company employs a "technology + scenario + ecosystem" model to seize opportunities in the AI technology revolution, creating replicable case studies across multiple business areas [3] - The upgraded Yanyun Infinity, based on the first-class national technology invention award, serves as a core engine driving business development and a tool for releasing the value of data elements [3] - Recent contracts with major automotive companies have enabled the company to establish a data-driven intelligent chain service model, significantly improving operational efficiency and cost savings [3] Group 4: Governance and Talent Development - The company has established a robust compliance management system with three lines of defense, ensuring effective risk control and a zero-tolerance culture towards fraud [4] - A comprehensive human resource management system has been developed over 20 years, resulting in a skilled management team and a culture of excellence [4] - The workforce increased to 19,268 employees in 2024, reflecting ongoing investment in business expansion and team building [4] Group 5: Future Outlook - The government has emphasized accelerating the construction of a digital China and promoting AI initiatives, presenting new historical opportunities for the company [4] - The company is positioned to leverage its unique data intelligence technology and supply chain expertise to navigate the evolving market landscape and achieve stronger growth [4]

Core Viewpoint - The article highlights the ongoing financial struggles and management issues faced by Shenzhou Information and its parent company, Shenzhou Holdings, due to significant losses and internal conflicts, particularly in light of a recent marriage dispute involving the controlling shareholder, Guo Wei [1][9]. Financial Performance - Shenzhou Information reported a net profit loss of 92.94 million yuan in Q1 2025, a year-on-year decline of 64.63% [1]. - The company has experienced substantial losses, contributing to Shenzhou Holdings' significant financial downturn in 2024 [1]. - Cumulatively, Shenzhou Information and Shenzhou Holdings have incurred over 2 billion yuan in investment losses over the past decade [2][7]. Investment Issues - Shenzhou Holdings' investment in wealth management products totaling 2.201 billion yuan in 2015 has led to ongoing financial repercussions, with an outstanding principal of approximately 1.631 billion yuan as of the end of 2023 [3]. - The company has also faced losses from its investment in Huicong Group, which has reported a total loss of 4.128 billion yuan over six years, leading to a complete write-off of the investment's book value [4]. Management and Governance - The recent inquiry from state-owned shareholder Guangzhou Chengtou raised concerns about the company's risk management and internal auditing processes, indicating deficiencies in governance [2][7]. - Guo Wei, the chairman of both Shenzhou Information and Shenzhou Holdings, is facing scrutiny from shareholders due to the company's poor performance and management practices [6][7]. Shareholder Dynamics - As of June 30, 2024, Guangzhou Chengtou holds 19.8% of Shenzhou Holdings, while another major shareholder, Guangdian Yuntong, holds 10.82%, both experiencing significant unrealized losses [8]. - The stock price of Shenzhou Holdings has dropped from a peak of 8.57 HKD per share in 2015 to 2.52 HKD per share, reflecting the financial struggles of the company [8]. Legal and Ownership Risks - Guo Wei's shares in Shenzhou Digital were judicially frozen due to a marital dispute, raising concerns about potential ownership changes and management stability within the Shenzhou group [8][9].