Core Viewpoint - Major online platforms are announcing that they will continue operations during the Spring Festival, with adjustments to delivery fees to accommodate the increased demand and ensure service continuity [1][10]. Delivery Fee Adjustments - Sam's Club will charge an additional 3 yuan per order for delivery from February 11 to February 24, 2026, to support delivery personnel during the Spring Festival [2]. - Hema will implement a flat delivery fee of 6 yuan per order for all users from February 14 to February 21, 2026, regardless of order amount, with additional charges for overweight items [4][6]. - Dingdong Maicai will also charge an extra 3 yuan service fee per order during the same period, consistent with previous years [8]. Rider Incentives - Taobao Shanguo will incentivize riders to stay on duty during the Spring Festival through various rewards and subsidies from February 4 to March 3 [11]. - Meituan will not increase delivery fees during the Spring Festival but will invest nearly 2 billion yuan in rider subsidies, focusing on cash incentives and welfare guarantees [11]. - JD.com announced an investment of over 1.3 billion yuan for employee welfare during the nine-day Spring Festival period [12]. Courier Services - Several courier companies, including SF Express, JD Logistics, and Deppon Express, have announced measures to ensure service continuity during the Spring Festival, with some implementing resource adjustment fees due to increased demand [14]. - SF Express will charge a resource adjustment fee of 0.1 to 1.5 yuan per kilogram for certain shipments from January 19 to February 15, 2026, and additional fees during the Spring Festival [14]. - Deppon Express will also implement a dynamic adjustment service fee for certain customers and products during the peak period from January 19 to February 14, 2026, and during the Spring Festival [16].

Core Viewpoint - Major online shopping platforms are announcing that they will remain operational during the Spring Festival, with adjustments to delivery fees due to increased demand and limited delivery capacity during this period [1][3][5]. Delivery Fee Adjustments - Sam's Club will charge an additional 3 yuan per order for online deliveries from February 11 to February 24, 2026, to support delivery personnel during the Spring Festival [1]. - Hema will implement a flat delivery fee of 6 yuan per order for all users from February 14 to February 21, 2026, regardless of order amount, with additional charges for overweight items [3][5]. - Dingdong Maicai will also charge an extra 3 yuan service fee for orders placed from February 15 to February 21, 2026, due to tight delivery capacity [7]. Other Platforms' Strategies - Meituan will not increase delivery fees during the Spring Festival, focusing instead on subsidizing riders through cash incentives and other benefits [9]. - Taobao Shanguo plans to invest nearly 2 billion yuan in rider incentives from February 4 to March 3, 2026, while keeping consumer fees unchanged [9]. - JD.com announced a 1.3 billion yuan investment in employee welfare during the Spring Festival [10]. Courier Services - Several courier companies, including SF Express and JD Logistics, will implement resource adjustment fees during the Spring Festival due to increased demand and operational challenges [10][12]. - SF Express will charge a resource adjustment fee of 0.1 to 1.5 yuan per kilogram for certain shipments from January 19 to February 15, 2026, and additional fees during the Spring Festival [10]. - DeBang Express will also charge a dynamic adjustment service fee for certain customers and products during the same period [12]. Consumer Awareness - Consumers are advised to plan ahead for shipping, especially to remote areas, and to consider additional time for delivery during the Spring Festival [17].

Core Viewpoint - Major online shopping platforms are implementing changes to delivery fees during the Spring Festival period, with some platforms charging additional fees to ensure service continuity amid tight logistics capacity [1][3][5][7]. Group 1: Delivery Fee Adjustments - Sam's Club will charge an additional 3 yuan per order for online deliveries from February 11 to February 24, 2026, to support delivery personnel during the Spring Festival [1]. - Hema will charge a base delivery fee of 6 yuan per order for all users from February 14 to February 21, 2026, regardless of order amount, with additional fees for overweight items [3][5]. - Dingdong Maicai will also impose an extra 3 yuan service fee for orders placed from February 15 to February 21, 2026, due to tight logistics capacity [7]. Group 2: Platforms Maintaining Current Fees - Meituan Waimai will not increase delivery fees during the Spring Festival, focusing instead on subsidizing riders through cash incentives and other benefits [9]. - Taobao Shanguo plans to invest nearly 2 billion yuan in rider incentives during the Spring Festival, while consumer fees will remain unchanged [9]. - JD.com announced a 1.3 billion yuan investment in employee welfare during the Spring Festival, with no mention of increased delivery fees for consumers [10]. Group 3: Courier Services and Resource Adjustment Fees - Several courier companies, including SF Express and JD Logistics, will implement resource adjustment fees during the Spring Festival due to increased demand and logistical challenges [10][12][14]. - SF Express will charge a resource adjustment fee of 0.1 to 1.5 yuan per kilogram for certain shipments from January 19 to February 15, 2026, and additional fees during the Spring Festival period [10]. - DeBang Express will also charge a dynamic adjustment service fee of 0.2 to 0.5 yuan per kilogram for specific customers and products during the peak period [12].

近5日资金流向一览见下表： 证券之星消息，截至2026年2月9日收盘，顺丰控股(002352)报收于38.97元，上涨0.28%，换手率 0.48%，成交量22.85万手，成交额8.89亿元。 2月9日的资金流向数据方面，主力资金净流出1620.88万元，占总成交额1.82%，游资资金净流入314.41 万元，占总成交额0.35%，散户资金净流入1306.48万元，占总成交额1.47%。 该股主要指标及行业内排名如下： 注：主力资金为特大单成交，游资为大单成交，散户为中小单成交 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 顺丰控股2025年三季报显示，前三季度公司主营收入2252.61亿元，同比上升8.89%；归母净利润83.08 亿元，同比上升9.07%；扣非净利润67.78亿元，同比上升0.52%；其中2025年第三季度，公司单季度主 营收入784.03亿元，同比上升8.21%；单季度归母净利润25.71亿元，同比下降8.53%；单季度扣非净利 润22.27亿元，同比下降14.17%；负债率49.99%，投资收益11.76亿 ...

Group 1 - The Ministry of Human Resources and Social Security, along with several other governmental departments, is taking measures to protect the rights of workers in new employment forms by conducting administrative guidance for 16 companies including Meituan, Taobao, JD, and Didi [1] - The meeting emphasized the need for these companies to fully implement their responsibilities as employers, improve labor management continuously, and effectively safeguard the rights of workers in new employment forms [1]

北京商报讯（记者 何倩）2月9日，顺丰正式发布面向全国一线员工的"春季增收"专项计划，投入2亿元 资金助力快递员全员增收，平均收入提升500元左右。叠加春节期间各项激励与福利，关怀一线快递 员。 据了解，顺丰本次增收计划一期时间3个月，覆盖全国所有一线快递员群体，增收部分将以单票计提补 贴形式直接发放。 ...

顺丰表示，后续将会持续推出面向一线快递员的增收计划，并对现有方案持续迭代调整，逐步形成稳定 的长效增收激励机制，以员工收入提升不断带动促进客户服务质量优化升级。 记者从顺丰速运获悉，马年春节前夕，顺丰发布了面向全国一线员工的"春季增收"专项计划，投入2亿 元资金助力快递员全员增收，平均收入提升500元左右。 本次增收计划一期时间3个月，覆盖全国所有一线快递员群体，增收部分将以单票计提补贴形式直接发 放，这也是行业内首次推出全国性快递员增收专项计划。 春节期间，除增收计划外，顺丰继续实行延续多年的春节激励和关怀举措，实行"常规薪酬+加班工资 +特殊激励+其他福利"四重薪资结构；同时，顺丰也将继续进行员工假期科学调配，并通过发放春节年 货大礼包、全员开工红包及个性化返岗激励等方式，将年味一直持续到元宵佳节。 来源：北京日报客户端 ...

2月8日，记者从四川顺丰速运获悉，顺丰投资10亿元在成都打造的西部航空货运枢纽项目，将于今年6 月前全面投运。该项目是继北京、杭州、深圳之后，顺丰在国内建设的第四个区域性国际航空货运转运 中心。 截至目前，顺丰在成都投资建设有四川分拨中心产业园项目、西部航空货运枢纽项目、东部新区顺丰物 流园项目三个项目，总投资超过20亿元。其中，四川分拨中心产业园项目、东部新区顺丰物流园项目均 已投用。西部航空货运枢纽项目全面投运后，顺丰三个物流项目同时运行，将更好地服务成都现代物流 产业体系建设，赋能行业降本增效发展。 记者 杨富 供图 受访者 编辑 史童 据了解，顺丰西部航空货运枢纽项目位于成都双流国际机场第二跑道东侧，是顺丰在成都启动建设的第 二个物流项目。该项目建筑面积17.2万平方米，是顺丰在西部地区打造的具有全球影响力的标志性航空 货运转运中心。 据介绍，顺丰西部航空货运枢纽项目全面投运后，将为四川乃至西部地区航运货物承担集散功能，陆路 运输与航空运输无缝衔接，不再经过中转衔接，实现天地协同、陆空联运一体化，出港货物运输更加顺 畅和高效，进港货物分拨出去也更快，提升全网货运时效、降低货运成本。 ...

Industry Overview - The China Chemical Products Price Index (CCPI) is reported at 4120 points this week, showing a year-on-year decrease of 5.0% and a month-on-month increase of 1.1% [1] - The CCPI for the previous week was 4066 points, reflecting a year-on-year decline of 6.6% and a month-on-month decrease of 1.0% [1] - The domestic maritime shipping price for liquid chemicals was 168 RMB/ton, down 8.51% year-on-year and 0.62% month-on-month [1] Express Delivery - In December, the express delivery business volume increased by 2.3% year-on-year, with some companies benefiting from price increases due to reduced competition [2] - The total collection volume for postal express from January 26 to February 1 was approximately 4.541 billion pieces, up 60.8% year-on-year and 5.5% month-on-month [2] - The total delivery volume during the same period was about 4.477 billion pieces, reflecting a year-on-year increase of 18.7% and a month-on-month increase of 5.8% [2] - The State Post Bureau forecasts that by 2025, express delivery revenue will reach 1.5 trillion RMB, growing by 6.5% year-on-year [2] Logistics - DSV's integration of DB Schenker is progressing ahead of expectations, with completion anticipated by the end of 2026 [3] - The company is focusing on smart logistics, benefiting from improved demand [3] Aviation and Airports - The average daily flights nationwide decreased by 1.08% year-on-year, with domestic flights down 1.28% [4] - Brent crude oil futures settled at 67.55 USD/barrel, down 4.47% month-on-month and 11.07% year-on-year [4] - The domestic aviation kerosene ex-factory price (including tax) is 5334 RMB/ton, down 4.3% month-on-month and 12.7% year-on-year [4] - The airline sector is expected to see profit elasticity due to supply constraints from aircraft manufacturers and upstream component suppliers [4] Shipping - The container shipping price index (CCFI) is at 1122.15 points, down 4.5% month-on-month and 20.7% year-on-year [5] - The Shanghai Export Container Freight Index (SCFI) is at 1266.56 points, down 3.8% month-on-month and 33.2% year-on-year [5] - The crude oil transportation index (BDTI) increased by 2.1% month-on-month and 88.5% year-on-year, indicating a growing demand for oil transportation [5] - A recent agreement between the U.S. and India to halt Russian oil purchases is expected to boost oil transportation demand [5] Road and Rail Ports - Anhui Expressway completed the acquisition of Shandong Expressway, acquiring 7% of its total share capital at a price of 8.92 RMB/share, totaling 3.019 billion RMB [5] - The total number of freight vehicles on national highways reached 56.83 million, up 4.75% month-on-month and 506.12% year-on-year [5]

Core Viewpoint - The news highlights concerns regarding the potential suspension of express delivery services during the Spring Festival, which has led to increased consumer anxiety and purchasing behavior. Group 1: Consumer Behavior - Many consumers are reacting to the news of potential delivery suspension by making last-minute purchases, with one individual stating they placed 20 orders overnight due to the announcement [2] - The fear of not receiving goods in time for the holiday has prompted consumers to buy items they were previously hesitant about [5] Group 2: Delivery Service Responses - Multiple express delivery companies have announced their service arrangements for the Spring Festival, confirming that they will continue to provide delivery services to meet holiday demand [9] - Major companies such as YTO Express, Shentong Express, and Yunda Express have stated that they will not suspend operations during the holiday and have not received any notifications regarding price increases [11] - China Post Express Logistics confirmed that they operate year-round but may implement additional charges for pickup services, while JD Logistics indicated that some stations might experience scheduling changes and potential resource adjustment fees [12] - Other companies like SF Express and Debon Express also confirmed they will not suspend operations, although transportation costs may be adjusted due to various factors [12][14]