在运输环节，韵达科技创新同样成效显著。 "有5辆16米9的厢式货车1小时后抵达，通知杭州枢纽转运中心加快分拣速度。"站在运营系统显示屏前 的韵达浙江公司运营负责人发出了指令。在他身后，韵达浙江公司的内部运营系统实时显示进出港车辆 的运行位置、行驶速度、回班时间等关键信息。同时，每辆运输车的出入站、待卸货情况也在系统内及 时呈现。 面对高速增长的业务量、越来越高的快递时效需求，韵达积极拥抱大数据、云计算等技术，实现资源提 前调配，保障交付时效和寄递品质。 园区外，一辆辆印有韵达LOGO的车辆有序排队入园；园区内，一幢幢现代化分拣中心映入眼帘。向前 几步，三层全自动分拣流水线马力全开。 这是韵达上海枢纽转运中心的日常一天，也是"十四五"期间韵达股份（002120.SZ）以科技创新提升包 裹分拣效率的生动缩影。 近日，21世纪经济报道记者在韵达实地调研发现，依托数智赋能、产业协同与责任担当，韵达在"十四 五"期间交出了一份快件时效明显提升、服务品质稳步提高、快递包裹绿色低碳的亮眼答卷，为邮政快 递业高质量发展提供了新路径。 擎科技创新旗帜树行业转型标杆 "以前人工分拣，公司至少需要48名业务员全部到场；自动分拣设备 ...

国信证券近日发布交通运输行业10月投资策略：由于国庆假期结束，上周整体和国内客 运航班量环比有所下降，整体/国内客运航班量环比分别为-0.6%/-0.6%，整体/国内客运航班 量分别相当于2019年同期的111.2%/116.3%，国际客运航班量环比下降0.4%，相当于2019年 同期的88.3%，近期国际油价略低于去年同期水平。 顺丰控股虽然短期业绩表现承压，但是公司强调"先有后优"的战略，我们预计公司四季 度的业绩有望实现改善且回归正规，明年公司的盈利能力将继续实现提升，明年公司业绩有 望实现15-20%的较快增长，2025年PE估值约18倍，维持推荐；2）在"反内卷"政策指导下， 通达系价格开始企稳回升，公司下半年盈利将确定性改善，建议紧密跟踪行业"反内卷"政策 的持续性及竞争格局变化，推荐中通快递、圆通速递、申通快递、韵达股份。 投资建议：建议配置具有长期价值的稳健标的，看好经营稳健、风险可控且有望带来稳 定收益的价值龙头。推荐顺丰控股、中通快递、圆通速递、申通快递、韵达股份、春秋航 空、南方航空、中远海能、招商轮船、德邦股份。 风险提示：宏观经济复苏不及预期，油价汇率剧烈波动。（国信证券 罗丹） 【 ...

Investment Rating - The report rates the transportation industry as "Outperform" [2] Core Views - The report highlights a slowdown in holiday shipments and a decline in crude oil shipping rates, while container shipping rates for long-distance routes have rebounded [3][14] - Shenzhen has introduced detailed policies to support low-altitude economic development, and international flight routes have resumed during the 2025 National Day and Mid-Autumn Festival holidays [3][16] - China's express delivery volume reached 150 billion packages ahead of schedule, with strategic cooperation agreements signed between YTO Express and Huizhou [3][23] Summary by Sections Industry Hotspot Events - Holiday shipments have slowed, leading to a drop in crude oil shipping rates, while container shipping rates for long-distance routes have rebounded. The China Import Crude Oil Comprehensive Index (CTFI) was reported at 1407.48 points, down 26.2% from September 25 [3][14] - Shenzhen's transportation bureau released measures to support low-altitude economic development, effective from October 9, 2025, to December 31, 2026. During the holiday, civil aviation transported 19.138 million passengers, with an average of 2.392 million passengers per day, a year-on-year increase of 3.2% [3][16][18] - As of October 11, 2025, China's express delivery volume surpassed 150 billion packages, achieving this goal 37 days ahead of schedule compared to 2024. A strategic cooperation agreement was signed between the Huizhou government and YTO Express [3][23][24] Industry High-Frequency Data Tracking - The Baltic Air Freight Price Index increased month-on-month but decreased year-on-year. The Shanghai outbound air freight price index was reported at 4621.00 points, down 5.3% year-on-year but up 1.3% month-on-month [28] - In September 2025, domestic cargo flights increased by 3.05% year-on-year, while international flights rose by 15.86% year-on-year [33] - The SCFI index for container shipping was reported at 1160.42 points, up 4.12% week-on-week but down 43.74% year-on-year [40] Investment Recommendations - The report suggests focusing on the equipment and manufacturing industrial product export chain, recommending companies such as COSCO Shipping, China Merchants Energy Shipping, and Huamao Logistics [4] - It also highlights investment opportunities in the low-altitude economy, recommending CITIC Offshore Helicopter [4] - The report advises attention to the road and rail sector, recommending companies like Gansu Expressway, Beijing-Shanghai High-Speed Railway, and Anhui Expressway [4][5]

Core Viewpoint - Yunda Holdings announced plans to apply for the registration and issuance of short-term financing bonds not exceeding 2 billion yuan, with a phased issuance approach [2] Group 1 - The company will hold the 22nd meeting of the 8th Board of Directors and the 16th meeting of the 8th Supervisory Board on October 13, 2025, to review the proposal [2] - The registration for the issuance will be submitted to the National Association of Financial Market Institutional Investors [2] - The specific registration scale will depend on the approval from the association [2]

证券日报网讯 10月13日晚间，韵达股份发布公告称，公司于2025年10月13日召开第八届董事会第二十 二次会议、第八届监事会第十六次会议审议通过《关于拟注册发行公司债券的议案》，公司拟向深圳证 券交易所申请并经中国证券监督管理委员会同意注册后公开发行不超过人民币20亿元（含）的公司债 券，本次注册发行事项尚需提交公司2025年第一次临时股东会审议，注册成功后，视市场利率情况及公 司资金需求情况择机发行。 （文章来源：证券日报） ...

证券日报网讯 10月13日晚间，韵达股份发布公告称，公司近日接到公司控股股东上海罗颉思投资管理 有限公司（简称"上海罗颉思"）通知，获悉上海罗颉思将持有的本公司的部分股份办理了质押手续，本 次质押股份数量为30，000，000股。 （编辑 姚尧） ...

格隆汇10月13日丨韵达股份(002120.SZ)公布，为满足公司经营发展需求，进一步拓宽融资渠道、优化 债务结构、创新融资方式、降低融资成本，公司拟向深圳证券交易所申请并经中国证券监督管理委员会 （简称"证监会"）同意注册后公开发行不超过人民币20亿元（含）的公司债券，本次注册发行事项尚需 提交公司2025年第一次临时股东会审议，注册成功后，视市场利率情况及公司资金需求情况择机发行。 ...

Core Viewpoint - Yunda Holdings (002120.SZ) plans to issue super short-term financing bonds not exceeding 2 billion yuan to optimize its debt structure and broaden financing channels [1] Group 1 - The company aims to meet operational development needs through this financing initiative [1] - The issuance will be conducted in a phased manner, with the specific registration scale subject to approval by the China Interbank Market Dealers Association [1] - The financing is in accordance with relevant laws and regulations, including the Company Law of the People's Republic of China and the Management Measures for Non-Financial Enterprise Debt Financing Instruments in the Interbank Bond Market [1]

韵达股份10月13日公告，公司拟向深圳证券交易所申请并经中国证券监督管理委员会同意注册后公开发 行不超过人民币20亿元（含）的公司债券，本次注册发行事项尚需提交公司2025年第一次临时股东会审 议，注册成功后，视市场利率情况及公司资金需求情况择机发行。 ...

智通财经APP讯，韵达股份(002120.SZ)公告，公司拟向深圳证券交易所申请并经中国证券监督管理委员 会同意注册后公开发行不超过人民币20亿元(含)的公司债券，本次注册发行事项尚需提交公司2025年第 一次临时股东会审议，注册成功后，视市场利率情况及公司资金需求情况择机发行。 ...