Core Viewpoint - The company expects to achieve a profit attributable to owners of no less than 100% growth compared to the same period last year, and a revenue increase of no less than 45% for the six months ending June 30, 2025 [1] Group 1: Reasons for Positive Performance - The rapid development of the instant delivery industry has led to a significant increase in demand for instant delivery services [1] - The company has achieved balanced and high-quality growth across various business segments, resulting in healthy growth in order volume and revenue [1] - Driven by technological innovation, the company has continuously enhanced its digital intelligence capabilities, gaining widespread recognition from customers for its independent third-party positioning, brand, and product services [1] - The company has improved its operational efficiency through lean operations, enhancing network economies of scale and increasing resource input-output efficiency, which has contributed to profit release [1]

（股份代號：9699） 內幕消息 正面盈利預告 Hangzhou SF Intra-city Industrial Co., Ltd. 杭州順豐同城實業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容所產生或因依賴 該等內容而引致的任何損失承擔任何責任。 孫海金 中國，2025年8月20日 • 即時配送行業加速發展，即時配送需求快速增加； • 本集團各項業務均衡高質發展，訂單量和收入實現健康增長； • 以技術創新為驅動，持續提升數智化能力，獨立第三方定位、品牌和產品服 務加速得到客戶廣泛認可；及 • 精益的運營底盤提質增效，進一步提高網絡規模經濟效應，提高資源投入產 出效率，帶動利潤釋放。 由於本集團仍在落實本期間之未經審核中期業績，本公告所載資料乃僅基於董事 會對目前可得資料之初步評估。因此，本集團於本期間的實際業績可能與本公告 所載資料有所不同。有關本集團財務業績及表現的進一步詳情將於本公司中期業 績公告中披露，該公告預期將於2025年8月底前刊 ...

格隆汇8月18日丨顺丰同城(09699.HK)公告，公司董事会会议将于2025年8月28日(星期四)举行，旨在(其 中包括)(i)考虑及批准集团截至2025年6月30日止6个月的中期业绩及其发布；(ii)考虑建议派发中期股息 (如有)；以及(iii)处理任何其他事项(如有)。 ...

杭州順豐同城實業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9699） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容所產生或因依賴 該等內容而引致的任何損失承擔任何責任。 Hangzhou SF Intra-city Industrial Co., Ltd. 董事會主席兼首席執行官 孫海金 中國，2025年8月18日 於本公告日期，本公司董事會包括執行董事孫海金先生、陳希文先生及陳霖先 生；非執行董事耿艷坤先生、李菊花女士、李秋雨先生及雷雁群先生；以及獨立 非執行董事陳覺忠先生、王克勤先生、周翔先生及黃靜女士。 董事會會議召開日期 杭州順豐同城實業股份有限公司（「本公司」，及其附屬公司統稱「本集團」）董事會 （「董事會」）謹此宣佈，本公司董事會會議將於2025年8月28日（星期四）舉行，旨 在（其中包括）(i)考慮及批准本集團截至2025年6月30日止六個月的中期業績及其 發佈；(ii)考慮建議派發中期股息（如有）；以及(iii)處理任何其他事項（如有）。 承董事會命 杭州順豐 ...

中国质量新闻网讯 8月13日上午，南宁市"小个专"（网约配送行业）党委联合顺丰同城（南宁）党支部 开展以"情暖邕城先锋行 凝'新'聚力向未来"为主题的"党建引领·清凉护航"关怀行动，为顺丰同城骑手代 表送去夏日里的清凉与关怀。 随后，在"骑手心声"交流会上，顺丰同城（南宁）党支部相关负责人围绕夏季安全生产进行宣导，着重 强调高温天气下骑行安全与健康防护的重要性。在现场，骑手代表表达了在工作中遇到的困难与诉求。 相关人员对骑手代表提出的问题当场予以解答；针对当前暂不具备解决条件的事项，也详细记录并承诺 将向上反馈跟进，全力为骑手们排忧解难。通过此次送清凉活动，不仅让骑手深切感受到党组织的关怀 与温暖，更增强了他们的归属感与幸福感，进一步凝聚新就业群体的奋进力量。（何正君 杨康妮） 活动现场，南宁市"小个专"（网约配送行业）党委与顺丰同城（南宁）党支部共同为骑手送上贴心准备 的防暑清凉物资包，里面装着防晒衣、冰袖、防晒面罩、藿香正气液等实用物品，帮助骑手在户外奔波 时抵御高温、预防中暑。拿到物资包的骑手李师傅坦言，夏天跑单最怕中暑，这些防晒装备和药品太实 用了。作为党员，他将把党组织的关怀转化为工作动力，用心用情 ...

Core Insights - The express delivery industry is facing a triple crisis, with growth primarily driven by order splitting rather than value increase, and low-cost e-commerce losing its rapid growth potential [1] - The rise of instant retail by 2025 is expected to impact consumer habits and take away growth space from e-commerce and express delivery [1] Industry Overview - The express delivery market's growth rate has declined, with Q1 2025 showing a year-on-year growth of 21.6%, dropping to 19.3% in the first half of 2025, compared to 21.5% in 2024 [1] - The express delivery industry has experienced significant growth since the early 2000s, with a compound annual growth rate of nearly 50% from 2006 to 2021, but growth slowed to 2.1% in 2022 due to market transformations [4][5] Impact of Instant Retail - Instant retail is expected to explode in 2025, with major platforms like JD.com and Meituan launching aggressive subsidy campaigns to capture market share [5][6] - The combined daily order volume of major platforms could reach 200 million, with total business volume projected to reach hundreds of billions of orders and a GMV of over one trillion [6] Competitive Landscape - The most affected companies in the express delivery sector may not be the traditional e-commerce-focused firms but rather high-end logistics providers like JD Logistics, which cater to premium products [8] - The competition between instant retail and traditional express delivery is intensifying, with companies like Meituan and JD.com vying for dominance in the market [9] Future Outlook - The market consensus suggests that instant retail service providers will benefit in the short term, while traditional express delivery companies must adapt to the evolving landscape [12] - The instant retail market is projected to reach 2 trillion yuan by 2030, with potential growth to 3-4 trillion yuan in the long term [12] Operational Challenges - The express delivery industry is entering a phase of efficiency and service competition, necessitating upgrades in operational models and resource utilization [13] - Companies that fail to innovate and adapt to the new market dynamics may face significant risks before the full impact of instant retail is realized [13]

Core Insights - The article discusses the launch of a new delivery solution by SF Express City, aimed at addressing the pain points of self-delivery and platform delivery models for supermarkets and department stores [1][2] - SF Express City leverages a multi-modal transportation approach combined with customized services to enhance service radius, upgrade service experience, and improve competitive differentiation in the market [1] Group 1: Delivery Solution Features - SF Express City has developed a standardized delivery service process that includes temperature-controlled zones for different product types, ensuring the safe delivery of various goods while maintaining their freshness and integrity [1] - The company utilizes various delivery vehicles and protective measures, such as insulated boxes and foam stabilizers, to ensure that products arrive undamaged [1] - A one-to-one fulfillment model is customized for each store based on data analysis of the store's location, order volume, and product types [1] Group 2: Market Position and Advantages - As an independent third-party delivery platform, SF Express City offers unique advantages by not being tied to any specific commercial platform, allowing for flexible and comprehensive service integration [2] - The company aims to create a high-quality service loop by integrating online orders, third-party delivery, and customer data accumulation, which helps in building a comprehensive user profile [2] - The growth of instant retail across various scenarios and categories presents significant opportunities for the supermarket and department store industry, with SF Express City positioned as a key infrastructure provider in this evolving landscape [2]

Core Insights - Instant retail is reshaping lifestyles, with a projected market size of over 1.5 trillion yuan in 2024, growing at a rate of 26.2% [1] - Major platforms like Meituan, Taobao, and JD are intensifying competition in the instant retail space, enhancing market penetration [1] - The complexity of grocery and general merchandise delivery presents challenges in packaging, distribution, and operations, necessitating efficient fulfillment and quality assurance [1] Group 1: Delivery Solutions - SF Express has launched a tailored delivery solution for grocery and general merchandise, addressing pain points in self-delivery and platform delivery models [1][12] - A standardized delivery process has been established, ensuring the safe transport of diverse products while maintaining their quality [3] - The delivery radius for grocery items typically spans 3 to 5 kilometers, requiring customized fulfillment strategies to manage complex delivery needs [6] Group 2: Brand and Service Standardization - In a competitive retail environment, building a brand membership system and standardizing service across channels is crucial for differentiation [4] - Consumers are increasingly seeking branded and standardized service experiences, prompting businesses to establish unified quality service standards [4] - SF Express offers customized delivery personnel and fulfillment plans, enhancing brand recognition and consumer trust [4] Group 3: Integrated Operations - The instant retail ecosystem is expanding, with brands shifting towards an integrated public and private domain operational model [9] - Brands are leveraging membership systems to enhance customer retention while also utilizing multiple public domain platforms for growth [9] - SF Express provides comprehensive channel support, allowing brands to maintain pricing and operational autonomy while improving efficiency and reducing costs [9] Group 4: Case Study and Performance - Sam's Club's online channels contribute approximately 55% of sales, with 70% of orders fulfilled through front warehouses [10] - SF Express has reported a 26.2% year-on-year increase in non-food business revenue, reaching 3.695 billion yuan, with significant growth in grocery and convenience categories [12] - Collaborations with major retailers like Sam's Club and Metro are enhancing service experiences and expanding business scales [12]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 杭州順豐同城實業股份有限公司 第 1 頁 共 10 頁 v 1.1.1 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | H | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09699 | 說明 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | 已發行股份總數 | | | 上月底結存 | | | 742,489,809 | 3,120,800 | | 745,610,609 | | 增加 / 減少 (-) | | | 0 | 0 | | | | 本月底結存 | | | 742,489,809 | 3,120,800 | | 745,610,609 | 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股 ...

Group 1 - The core viewpoint of the articles highlights the transition from a fierce competition in food delivery subsidies to a more sustainable competition in instant retail, indicating that while the food delivery battle has slowed down, the race for instant retail continues unabated [1][4] - The peak daily order volume for food delivery platforms has reached 250 million, positioning it as a significant growth engine in the retail market, closely following traditional e-commerce delivery volumes [1] - The competition in instant retail is characterized by a focus on beverage categories, as they can drive significant traffic without time or frequency constraints, aiming to cultivate instant consumption habits and expand into a broader market [2][5] Group 2 - The logistics of the "last mile" delivery is crucial in the instant retail sector, with third-party delivery services expected to gain growth opportunities due to the increasing complexity of fulfillment and the need for neutral positioning [1][3] - The instant retail market is projected to exceed 2 trillion yuan by 2030, with the potential for instant delivery volumes to match those of traditional e-commerce [4][5] - The penetration rate of instant retail platforms among online shoppers is expected to rise from 49% in 2023 to 59% in 2024, indicating a growing consumer base and loyalty, with loyal users increasing from 24% to 46% in the same period [4][5] Group 3 - The trend of brands building their own membership systems and private channels is emerging, allowing them to reduce dependency on platforms and create a closed-loop service with third-party delivery services [5] - Third-party delivery is becoming a standard for brands, as it allows them to maintain pricing power and flexibility in logistics, positioning platforms primarily as channels for customer acquisition [5] - The industry is moving towards a multi-faceted ecosystem where third-party delivery complements self-operated delivery, with the aim of achieving a scale comparable to traditional e-commerce delivery [5]