7月29日，国家邮政局召开快递企业座谈会。中通、圆通、韵达、申通、极兔等快递企业相关负责人围绕会议主题 进行交流并提出意见和建议。 会议主题直指行业两大痛点：愈演愈烈的"内卷式"竞争和屡禁不止的农村地区违规收费问题。 （图源：人民日报） "各企业负责人要进一步增强大局意识，认真贯彻落实党中央、国务院工作部署。"国家邮政局局长赵冲久在会上 强调，快递企业总部必须履行好主体责任，创新经营模式，提升农村地区快递服务的适应性和可持续性。 "内卷式"竞争严重影响行业发展 文 / 现代物流报记者 贾奥胜 此次座谈会是继7月8日国家邮政局党组会议"旗帜鲜明反对'内卷式'竞争"后，月内再次发出整治信号。 会议提出多维治理路径：快递企业总部需强化合规意识，健全长效机制，深入排查风险隐患；邮政管理部门则要 加大监管执法力度，维护消费者和快递从业人员合法权益。此次整治强调推进快递业党建工作，完善党建体制机 制，强化对行业治理的政治引领。 （图源：新华网） 长久以来，价格战正在不断地吞噬行业利润，已演变为一场没有赢家的消耗战。国家邮政局公布数据显示，2025 年上半年全国快递业务量累计达956.4亿件，同比增长19.3%，但招商证券 ...

Group 1: Market Performance - The A-share market showed weak fluctuations in the morning session, with major indices experiencing slight declines. The Shanghai Composite Index fell by 0.19% to 3566.55 points, while the Shenzhen Component and ChiNext Index dropped by 0.15% and 0.16% respectively [5] - The photovoltaic equipment sector performed strongly, with the Shenwan Photovoltaic Equipment Index rising by 2.75%, leading all industries. Notable stocks included Jiejia Weichuang and Shuangliang Energy, both hitting the daily limit up [4][10] Group 2: Key Sector Developments - The photovoltaic equipment sector was boosted by the Ministry of Industry and Information Technology's issuance of the 2025 special energy-saving inspection task list for the polysilicon industry, requiring local authorities to implement the tasks and report results by September 30 [7][8] - The express delivery sector also saw active performance, with the Shenwan Logistics Index increasing by 2.50%. Key players like Shentong Express and Yunda Holdings reached their daily limit up, while Huapengfei and Yuantong Express saw significant gains [10][12] Group 3: Notable Stock Movements - Xizang Tourism, which had previously recorded nine consecutive trading limits, faced a significant drop, hitting the limit down multiple times, and closing down 7.20% after a high opening [14][13] - In contrast, Nanfang Road Machinery, which had a strong performance with "9 days 8 boards," saw its stock rise by over 9% after a significant drop at the opening, closing up 6.22% [14]

个股来看，今日早盘涨停数量为35家（不包括ST及未开板新股），封板率为70%，连板股数量为11家，但市场高度降至3板，胜通能源、奇正藏药3连板，贵 州百灵、文科股份、环球印务、昂利康、利德曼、汉商集团、倍加洁、宏和科技、淳中科技2连板。 板块上，光伏板块涨幅居前，捷佳伟创、双良节能涨停，海优新材、奥特维、固德威、迈为股份涨幅居前。 一、【早盘盘面回顾】 智通财经8月1日讯，市场早盘冲高回落，三大指数小幅下跌。沪深两市半日成交额9949亿，较上个交易日缩量1479亿。盘面上热点较为杂乱，个股涨多跌 少，全市场超2900家个股上涨。从板块来看，光伏概念集体反弹，捷佳伟创涨停；创新药概念持续走强，维康药业涨停；快递物流板块再度活跃，申通快递 涨停；下跌方面，体育概念陷入调整，共创草坪跌停。截至收盘，沪指跌0.19%，深成指跌0.15%，创业板指跌0.16%。 中信证券研报指出，光伏作为当前同质化低价竞争和产能阶段性过剩问题突出的行业，是本轮"反内卷"的核心阵地。在以市场化为导向的前提下，随着行业 回归规范化有序竞争，以及潜在供给侧改革政策逐步完善和落地，光伏产业链有望迎来价格合理回升和盈利修复，基本面有望得以夯实和 ...

Group 1: Market Overview - The A-share market opened lower but saw a recovery, with all three major indices turning positive during the session [1] - The Shanghai Composite Index rose by 1.37 points, or 0.04%, closing at 3574.58 [2] - The Shenzhen Component Index increased by 48.46 points, or 0.44%, closing at 11058.23 [2] - The Northbound 50 Index rose by 3.77 points, or 0.27%, closing at 1426.65 [2] Group 2: Sector Movements - The polysilicon and silicon wafer sectors experienced significant upward movement, with Shuangliang Energy hitting the daily limit [5][6] - Other companies in the polysilicon sector, such as Daqo New Energy, Huamin Co., Tongwei Co., TCL Zhonghuan, and Hongyuan Green Energy, also saw notable gains [6] - The futures contract for polysilicon rose after previously declining over 4%, following the Ministry of Industry and Information Technology's release of a special energy-saving inspection task list for the polysilicon industry [7] Group 3: Innovation Drug Sector - The innovative drug sector continued to rise, with companies like Shuyou Shen, Rejing Bio, Kangchen Pharmaceutical, and Fuyuan Pharmaceutical reaching historical highs [8] - The FDA accepted the listing application for HSK3486 (环泊酚注射液) from Haishi Ke, and Huahai Pharmaceutical received approval for a dual-target drug [8] - Analysts noted that the innovative drug sector remains a core direction for the pharmaceutical industry, supported by policies and increasing global competitiveness [8] Group 4: Real Estate Sector - Dalian City Real Estate surged over 40% after announcing plans for privatization and delisting from the Hong Kong Stock Exchange [14][15] - The company proposed a buyback of shares at HKD 0.62 per share, totaling approximately HKD 29.32 billion [17] - NIO's stock rose over 9% following the launch of its new L90 model, which offers various seating configurations and competitive pricing [17] Group 5: Logistics Sector - The logistics sector saw significant gains, with companies like Shentong Express and Yunda Holdings hitting the daily limit [9][13] - The National Postal Administration held a meeting to address issues in the industry and promote high-quality development [13]

消息面上，近日，国家邮政局召开快递企业座谈会，就依法依规治理行业"内卷式"竞争，强化农村地区 领取快件违规收费等突出问题整治，促进行业高质量发展进行座谈交流。会议指出，各企业负责人要进 一步增强大局意识，引领业态发展，积极推动解决"内卷式"竞争和农村地区领取快件违规收费等突出问 题，维护好行业良好发展业态。 （文章来源：证券时报网） 物流板块1日盘中强势拉升，截至发稿，华鹏飞涨超10%，申通快递、韵达股份涨停，圆通速递逼近涨 停，华光源海涨约8%。 国信证券表示，7月1日以来"反内卷"政策集中释放，国家邮政局也明确表态，核心要点是坚决反对快递 业"内卷式"竞争，整治末端服务质量。近期浙江义乌率先落地涨价措施，区域最低价标准由1.1元提升 至1.2元，从现阶段实际执行效果来看，义乌区域单票价格环比提升约5分钱，且产业及市场现在预期8 月初华南产粮区也有望跟进涨价措施。未来在"反内卷"和高质量发展政策指导下，快递行业的无序竞争 有望实现边际好转，从而促使监管、竞争、盈利和质量达成新的平衡，今年四季度旺季行业的价格和盈 利表现仍然值得期待。 ...

每经AI快讯，8月1日，物流板块异动拉升，申通快递涨停封板，华鹏飞涨超12%，圆通快递、三羊马跟 涨。 （文章来源：每日经济新闻） ...

每经AI快讯，8月1日，早盘快递概念再度走强，申通快递涨停，华鹏飞、华光源海涨超10%，韵达股 份、圆通速递、德邦股份、畅联股份涨超5%。 （文章来源：每日经济新闻） ...

快递物流概念再度走强 申通快递反包涨停 智通财经8月1日电，早盘快递概念再度走强，申通快递反包涨停，华鹏飞、华光源海涨超10%，韵达股 份、圆通速递、德邦股份、畅联股份涨超5%。消息面上，7月29日，国家邮政局召开快递企业座谈会， 就依法依规治理行业"内卷式"竞争，强化农村地区领取快件违规收费等突出问题整治，促进行业高质量 发展进行座谈交流。 ...

Group 1 - The stock price of Shentong Express closed at 15.25 yuan on July 31, down 0.63 yuan, a decrease of 3.97% from the previous trading day [1] - The opening price on the same day was 15.88 yuan, with a highest point of 15.95 yuan and a lowest point of 15.12 yuan, with a trading volume of 753,545 lots and a transaction amount of 1.164 billion yuan [1] - From July 18 to July 31, Shentong Express was investigated by one overseas institution [1] Group 2 - On July 31, the net outflow of main funds for Shentong Express was 80.5372 million yuan, accounting for 0.35% of the circulating market value [1] - There was a rapid rebound in stock price during the day, reaching 15.88 yuan at 10:02 AM, with an increase of over 2% within five minutes [1]

Core Viewpoint - The recent meeting by the State Post Bureau aims to address the "involution" competition in the express delivery industry, indicating a shift in the competitive landscape following the acquisition of Cainiao Express by Shentong [1] Group 1: Industry Dynamics - The express delivery sector is experiencing a wave of stock price increases amid a crackdown on "involution" competition, with companies like Yunda, Shentong, and Jitu benefiting from this trend [5] - The "involution" competition has led to many express companies offering services below cost to capture market share, resulting in significant pressure on profit margins for both headquarters and franchisees [3][5] - Recent price adjustments in grain-producing areas signal a clear intention to stabilize market prices, with increases ranging from a few cents to several dimes [1] Group 2: Regulatory Changes - The recent revision of the Price Law targets predatory pricing practices, defining low-cost dumping aimed at eliminating competitors as illegal [3] - The new Anti-Unfair Competition Law, effective from October 15, introduces specific regulations against "involution" competition, prohibiting platforms from forcing sellers to price below cost [3][5] - These legal changes are expected to create a synergistic effect in regulating "involution" competition and chaotic low-price dumping across various market levels [3] Group 3: Market Outlook - The current strategy of "price for volume" is showing diminishing returns, with further price cuts unlikely to stimulate demand and instead harming profitability [5] - The upcoming traditional peak season in Q4 is anticipated to improve pricing stability and enhance profit margins for express delivery companies [5] - The express delivery sector has seen collective stock price increases recently, with Jitu rising over 50% and Shentong over 40% in the past month, indicating potential valuation recovery [5]