Core Viewpoint - Yunda Holdings Group Co., Ltd. has disclosed its main operational indicators for express delivery services in September 2025, emphasizing the importance of accurate and complete information disclosure [1][2]. Group 1: Operational Indicators - The company provided key operational metrics for its express delivery services for September 2025, which are subject to potential discrepancies with periodic report data [1]. - The disclosed data is unaudited and intended for investors as a reference point, with a reminder to consult the company's regular reports for definitive figures [1].

Core Insights - The express delivery industry is experiencing a simultaneous increase in both volume and price due to growing market demand and price hikes by several companies in 2023 [1][4]. Company Summaries - SF Express reported a total revenue of 27.007 billion yuan for its express logistics, supply chain, and international business in September 2025, marking an 8.78% year-on-year increase. The express logistics revenue grew by 14.21%, with a business volume increase of 31.81% [1]. - YTO Express announced a revenue of 5.799 billion yuan for September 2025, reflecting a 14.89% year-on-year increase, with a business volume of 2.627 billion parcels, up 13.64% [2]. - Yunda Express reported a revenue of 4.252 billion yuan for September 2025, a 4.14% increase year-on-year, with a business volume of 2.11 billion parcels, up 3.63% [2]. - Shentong Express disclosed a revenue of 4.633 billion yuan for September 2025, a 14.89% year-on-year increase, with a business volume of 2.187 billion parcels, up 9.46% [2]. Industry Overview - The China Express Development Index for September 2025 was reported at 459.6, a 3.9% increase year-on-year. The development scale index and development capability index were 589.3 and 228.8, reflecting increases of 9.3% and 1.9% respectively [3]. - The express delivery market is steadily growing, with improvements in automation and intelligence levels, as well as enhancements in the comprehensive transportation network and supply chain service capabilities [3]. Price Increase Context - The rise in single ticket revenue across the industry is closely linked to multiple price hikes announced by express delivery companies throughout the year. Various provinces and cities have raised express delivery prices, particularly for e-commerce parcels [4]. - The price increase trend was initiated by policy measures aimed at curbing vicious competition within the industry and enhancing service quality [5].

Core Insights - Yunda Holdings (002120.SZ) reported its key operational metrics for express delivery services in September 2025, indicating a revenue of 4.252 billion yuan, representing a year-on-year growth of 4.14% [1] - The total business volume reached 2.11 billion parcels, showing a year-on-year increase of 3.63% [1] - The revenue per parcel for express services was 2.02 yuan, reflecting a slight year-on-year increase of 0.50% [1]

Core Insights - Yunda Holdings (002120.SZ) reported its key operational metrics for express delivery services in September 2025, indicating a steady growth in revenue and business volume [1] Financial Performance - The express delivery service revenue for September reached 4.252 billion yuan, reflecting a year-on-year increase of 4.14% [1] - The total business volume amounted to 2.11 billion parcels, which represents a year-on-year growth of 3.63% [1] - The revenue per parcel for express services was 2.02 yuan, showing a slight year-on-year increase of 0.50% [1]

Core Insights - Yunda Holdings (002120) announced a revenue of 4.252 billion yuan for its express delivery services in September 2025, representing a year-on-year growth of 4.14% [1] - The company completed a business volume of 2.11 billion parcels, which is a year-on-year increase of 3.63% [1] - The revenue per parcel for express delivery services was 2.02 yuan, showing a year-on-year growth of 0.5% [1]

Core Insights - Yunda Holdings (002120) announced a projected revenue of 4.252 billion yuan for its express delivery services in September 2025, representing a year-on-year growth of 4.14% [1] - The company expects to handle a business volume of 2.11 billion parcels, which is a year-on-year increase of 3.63% [1] - The average revenue per parcel is projected to be 2.02 yuan, reflecting a year-on-year growth of 0.5% [1]

证券代码：002120 证券简称：韵达股份 公告编号：2025-070 韵达控股集团股份有限公司 特此公告。 韵达控股集团股份有限公司董事会 2025年10月18日 一、公司 2025 年 9 月快递服务主要经营指标 | 项目 | 2025年9月 | 同比增长 | | --- | --- | --- | | 快递服务业务收入（亿元） | 42.52 | 4.14% | | 完成业务量（亿票） | 21.10 | 3.63% | | 快递服务单票收入（元） | 2.02 | 0.50% | 二、数据说明 上述数据未经审计，可能会与定期报告数据存在差异，仅供投资者阶段性参 考，相关数据以公司定期报告为准，请投资者注意风险。 2025年9月快递服务主要经营指标快报 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 根据《深圳证券交易所上市公司自律监管指引第 3 号——行业信息披露 （2025 年修订）》的规定，韵达控股集团股份有限公司（以下简称"公司"）2025 年 9 月快递服务主要经营指标情况如下： ...

Core Insights - Yunda Holdings announced that its express service revenue for September 2025 reached 4.252 billion yuan, representing a year-on-year growth of 4.14% [1] - The total business volume amounted to 2.11 billion parcels, showing a year-on-year increase of 3.63% [1] - The revenue per parcel for express services was 2.02 yuan, reflecting a year-on-year growth of 0.50% [1]

Core Viewpoint - Yunda Holdings announced a financing plan totaling 4 billion yuan to optimize its debt structure and support business development amid intensified competition in the express delivery industry [1] Group 1: Financing Plan - The financing plan consists of two parts: issuing up to 2 billion yuan in corporate bonds with a 10-year term and registering up to 2 billion yuan in short-term financing notes with a maximum term of 270 days [1] - The dual-channel financing strategy aims to provide robust financial support for business growth [1] Group 2: Industry Context - The express delivery industry continues to have significant growth potential, driven by the ongoing development of the e-commerce economy and rural revitalization strategies [1] - In the first half of 2025, the average price per express delivery package fell by nearly 8% year-on-year, indicating a resurgence of price competition that has put pressure on industry profitability [1] Group 3: Cost Management - In response to industry price competition, the company has implemented refined management practices, optimizing transportation routes and promoting the use of new energy vehicles, resulting in a 20.51% year-on-year decrease in per-package transportation costs to 0.31 yuan [2] - The company also reduced per-package sorting costs by 9.68% year-on-year to 0.28 yuan [2] - The asset-liability ratio improved from 47.68% in 2024 to 46.7% in the first half of 2025, indicating better asset management [2] Group 4: Technological Investment - The company has increased its investment in technology, establishing a comprehensive logistics network with 71 hub transfer centers, 468 collection and distribution warehouses, and 1926 grid warehouses by the first half of 2025 [3] - New delivery methods, including drones and unmanned vehicles, have been deployed in various regions, enhancing operational efficiency and service quality [3] - The company aims to transition from price competition to value competition through its "Smart Chain Future" strategy, supported by technological empowerment and service optimization [3] Group 5: Market Outlook - Recent reports indicate that the express delivery industry's demand expectations are strengthening under the "anti-involution" policy guidance [4] - The company is well-positioned to benefit from regional economic development and has significant network advantages and cost control capabilities, suggesting potential for continued performance recovery [4]

Market Overview - The logistics sector experienced a decline of 1.07% on October 16, with Shentong Express leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Individual Stock Performance - Notable gainers included: - Yuanda Holdings (Code: 000626) with a closing price of 8.87, up 10.05% and a trading volume of 621,300 shares, totaling 537 million yuan [1] - Chuanhua Zhili (Code: 002010) closed at 6.65, up 4.72% with a trading volume of 1,390,000 shares, totaling 907 million yuan [1] - Major decliners included: - Shentong Express (Code: 002468) closed at 16.60, down 7.00% with a trading volume of 562,500 shares, totaling 952 million yuan [2] - YTO Express (Code: 600233) closed at 17.12, down 3.71% with a trading volume of 382,100 shares, totaling 660 million yuan [2] Capital Flow Analysis - The logistics sector saw a net outflow of 161 million yuan from institutional investors, while retail investors contributed a net inflow of 151 million yuan [2][3] - Key stocks with significant capital flow included: - Chuanhua Zhili with a net inflow of 12.4 million yuan from institutional investors [3] - Shentong Express experienced a net outflow of 33.91 million yuan from retail investors [3]