2025年上半年，公司货运总量增加至6.8百万吨，同比增加6.2%，而总票数增加25.2%至90.6百万票。就 货重结构而言，迷你小票(70公斤以下)及小票零担(70至300公斤)货量分别增加23.9%及14.0%。公司的迷 你小票及小票零担货运量的增长带动总票数增加25.2%，而票均重由2024年上半年的89公斤减少至2025 年上半年的75公斤。以上趋势反映了公司货重结构优化的战略，因为小票零担的单价和利润率较高，对 服务质量的要求更高且在增值服务方面有更多的需求。随着公司聚焦服务质量和盈利能力，辅以更精准 的定价机制，公司能提供更好的服务质量并吸引优质客户，追求高毛利和业务的可持续发展。 展望未来，公司将持续致力于渠道拓展和产品竞争力提高，着眼于提升网络覆盖、时效和品质，并以数 智化为驱动力，释放业务潜力，赋能货运合作商和代理商精细化经营和管理，为网点生态注入活力，为 客户带来更大价值，并为股东带来可持续回报。 格隆汇8月19日丨安能物流(09956.HK)公布中期业绩，截至2025年6月30日止六个月，公司收入为56.25 亿元，同比增长6.4%；经调整净利润4.76亿元，同比增长10.7%。2025 ...

安能物流(09956)发布截至2025年6月30日止六个月的中期业绩，收入56.25亿元(人民币，下同)，同比增 加6.36%;毛利8.8亿元，同比增加0.21%;股东应占溢利4.2亿元，同比增加7.54%;每股基本盈利0.37元;拟 派发中期股息每股0.1572港元。 公告称，总收入同比增加主要受集团的货运总量和总票数由截至2024年6月30日止六个月的640万吨和 7240万票分别增加至截至2025年6月30日止六个月的680万吨和9060万票影响，而同期服务总单价保持稳 定。 集团主要为集团的货运合作商(即集团的直接客户)提供运输服务、增值服务及派送服务。截至2025年6 月30日，集团与集团的货运合作商及代理商为全中国超过680万个终端客户(集团的最终客户)提供服 务，而截至2024年6月30日则为超过580万个终端客户。 ...

公告称，总收入同比增加主要受集团的货运总量和总票数由截至2024年6月30日止六个月的640万吨和 7240万票分别增加至截至2025年6月30日止六个月的680万吨和9060万票影响，而同期服务总单价保持稳 定。 集团主要为集团的货运合作商(即集团的直接客户)提供运输服务、增值服务及派送服务。截至2025年6 月30日，集团与集团的货运合作商及代理商为全中国超过680万个终端客户(集团的最终客户)提供服 务，而截至2024年6月30日则为超过580万个终端客户。 智通财经APP讯，安能物流(09956)发布截至2025年6月30日止六个月的中期业绩，收入56.25亿元(人民 币，下同)，同比增加6.36%;毛利8.8亿元，同比增加0.21%;股东应占溢利4.2亿元，同比增加7.54%;每股 基本盈利0.37元;拟派发中期股息每股0.1572港元。 ...

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份內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 ANE (Cayman) Inc. 截至2025年6月30日止六個月的中期業績公告 安能物流集團有限公司（「本公司」或「安能」）董事（「董事」）會（「董事會」）欣然公 佈本公司及其附屬公司（統稱「本集團」或「我們」）截至2025年6月30日止六個月 （「報告期間」）未經審計綜合業績，連同2024年同期的比較數字。除非本公告另有 界定，否則本公告所用詞彙應具有本公司日期為2021年10月30日的招股章程（「招 股章程」）所界定的涵義。 財務亮點 截至2025年6月30日止六個月，本集團錄得以下未經審計業績： | 截至6月30日止六個月 | | --- | 安能物流集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9956） | | 2025年 | 2024年 | | | --- | --- | --- | --- | | | 人民幣千元 | 人民幣千元 | | | | （未經審計） | （未經審計 ...

Core Viewpoint - Aneng Logistics (09956.HK) announced that it will hold a board meeting on August 19, 2025, to consider and approve the interim results for the six months ending June 30, 2025, and to discuss the declaration and distribution of dividends, among other matters [1] Summary by Relevant Categories - **Company Announcement** - The board meeting is scheduled for August 19, 2025 [1] - The meeting will focus on the approval of the interim results for the six months ending June 30, 2025 [1] - The agenda includes the declaration and distribution of dividends, if any [1] - Other matters will also be addressed during the meeting [1]

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，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 董事會召開日期 ANE (Cayman) Inc. 安能物流集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9956） 安能物流集團有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於 2025年8月19日（星期二）舉行董事會會議，藉以（其中包括）考慮及批准本公司及 其附屬公司2025年6月30日止六個月的中期業績及其發佈，及宣派及派發股息（如 有），以及處理其他事項。 承董事會命 安能物流集團有限公司 聯席主席 陳偉豪先生及秦興華先生 香港，2025年8月7日 於本公告日期，董事會由執行董事秦興華先生及金雲先生；非執行董事陳偉豪先 生、張迎昊先生及魏斌先生；以及獨立非執行董事李維先生、葛曉初先生、沙莎 女士及洪長福先生組成。 ...

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: 安能物流集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2025年8月6日 FF301 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 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09956 | 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 | | | 1,176,131,054 | | 1,191,000 | | 1,177,322,054 | | 增加 / 減少 (-) | | | | 0 | 0 | | | | 本月底結存 | | | 1,176,131,054 | | 1,191,000 | | 1,177,322,054 | 第 2 頁 ...

Core Insights - The structural adjustments of Aneng Logistics have been completed by the end of last year, and the company now faces increasing market competition, with the introduction of unmanned vehicles and smart heavy trucks being key factors for future profit support [1][5]. Group 1: Operational Performance - Aneng Logistics' Anhui distribution center has seen a growth in throughput, nearing last year's peak levels, with expectations of reaching a daily operational volume of 6,000 tons during peak periods this year [1]. - The "3300" product line, which was launched last May, has significantly contributed to operational efficiency and profitability, with its volume growth outpacing total cargo volume [3][5]. - The average weight per ticket has improved to approximately 75 kg this year, down from about 84 kg last year, indicating a successful optimization strategy [3]. Group 2: Cost Management - Aneng Logistics has implemented automation at its Linyi distribution center, resulting in a 6% reduction in cost per kilogram [4]. - The company plans to enhance operational efficiency through refined management practices, aiming to meet the challenges posed by the anticipated 6,000 tons throughput without major changes in personnel or service quality [4][5]. Group 3: Technological Advancements - The company is exploring the application of unmanned vehicles in the express delivery sector, with 300 units of the Z10 unmanned vehicle already deployed in Anhui [6][7]. - Aneng Logistics has introduced nearly 20 smart heavy trucks equipped with advanced driving systems in Q1, with plans to scale up to 300-500 units by the end of this year [9][10]. - The use of smart heavy trucks can reduce labor costs by 50% and improve fuel efficiency by 3%-5% compared to traditional trucks, addressing the challenges of driver recruitment and operational costs [9].

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The express delivery sector shows significant divergence in June data, with a focus on the industry's anti-involution process [3] - The express logistics market is expanding, supported by the national strategy to boost domestic demand, with a year-on-year growth of 15.8% in express delivery volume in June 2025 [5] - The performance of major express companies varies, with SF Express maintaining a business volume growth rate of over 30%, while other companies like YTO Express and Yunda Express show slower growth [4][5] Summary by Sections Express Logistics - In June 2025, the total express delivery volume reached 16.87 billion pieces, a year-on-year increase of 15.8%, with total revenue of 126.32 billion yuan, up 9.0% [5][24] - Major express companies' performance in June: YTO Express (2.627 billion pieces, +19.34%), Yunda Express (2.173 billion pieces, +7.41%), SF Express (1.460 billion pieces, +31.77%) [4][28] - The market share for these companies is 15.6% for YTO, 12.9% for both Yunda and Shentong, and 8.7% for SF Express [4] Air Transportation - The air travel sector is expected to benefit from macroeconomic recovery, with a year-on-year increase of 4.4% in passenger transport volume in June 2025 [52] - Major airlines are projected to improve their performance in Q2 2025 due to better supply-demand dynamics and lower oil prices [8] Shipping and Ports - The shipping sector is anticipated to benefit from OPEC+ production increases and a favorable economic environment, with a focus on crude oil transportation [16] - The Baltic Dry Index (BDI) increased by 27.8% week-on-week, indicating a recovery in the bulk shipping market [11][68] - Container throughput at Chinese ports showed a slight increase in cargo volume but a decrease in container throughput [81] Road and Rail - In June 2025, road freight volume increased by 2.86% year-on-year, while rail freight volume rose by 7.36% [45] - National logistics operations are running smoothly, with a slight increase in freight truck traffic [14] Supply Chain Logistics - Companies like Shenzhen International and Debon Logistics are expected to benefit from strategic transformations and improved profitability [15]

Investment Rating - The report maintains a "Positive" investment rating for the logistics industry [12] Core Insights - The logistics industry is experiencing a "DeepSeek moment" with significant technological breakthroughs across various segments, including branch, trunk, terminal, and management [4][7] - The report emphasizes the importance of adopting new technologies to enhance operational efficiency and reduce costs, particularly in the express delivery sector [11][28] Summary by Sections Introduction: The Arrival of the "DeepSeek Moment" in the Logistics Industry - The logistics industry is witnessing substantial advancements due to improved algorithm efficiency and rapid technological iterations, leading to significant breakthroughs in various operational segments [7][18] - Key drivers for these advancements include the massive scale of the Chinese express delivery market, intense competition, and high labor cost ratios [28] Branch Segment: The Growth Year for Unmanned Logistics Vehicles - Leading express companies are initiating a surge in unmanned logistics vehicle orders, driven by reduced core component costs and improved algorithm efficiency [8][33] - The monthly operational cost of unmanned logistics vehicles can be as low as 2000 yuan, significantly lower than the average monthly salary of drivers [33][40] Trunk Segment: Smart Assisted Driving Initiates Mass Production - Smart assisted driving trucks are being deployed on a large scale by leading express companies, addressing safety and cost issues in traditional trunk transportation [9][32] - The potential market space for smart trucks is substantial, with projected sales of 1.03 million heavy trucks in 2024 [9] Terminal Segment: Mode Transformation Drives Cost Reduction - Express companies are innovating their terminal operations to reduce costs significantly, with models like direct linking from transfer centers to terminal stations [10][32] - The report highlights that if the direct link ratio reaches 40%, terminal costs could be reduced by 0.12 yuan per package [10] Management Segment: Digital Decision-Making Promotes Cost Reduction - Leading companies are developing industry-specific AI models to enhance management efficiency and reduce operational costs [10][32] - The integration of big data and AI technologies is driving improvements in decision-making and resource utilization [10] Investment Recommendations: Technological Waves Reshape Logistics Costs - The report recommends prioritizing investments in direct logistics companies and leading express firms, as well as components and operators related to unmanned commercial vehicles [11][32] - Companies like SF Express and Aneng Logistics are highlighted as key players benefiting from these technological advancements [11]