证券代码：002468 证券简称：申通快递 公告编号：2024-043 申通快递股份有限公司 关于调整2024年度日常关联交易预计的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 一、日常关联交易基本情况 （一）日常关联交易概述 申通快递股份有限公司（以下简称"公司"）分别于2023年12月13日、2023年12月29日召开 第五届董事会第二十四次会议和2023年第四次临时股东大会，审议通过了《关于2024年度日常关 联交易预计的议案》，预计2024年度公司与关联方发生日常关联交易总额为529,000万元。具体内 容详见公司在《中国证券报》《证券日报》《证券时报》《上海证券报》及巨潮资讯网 （www.cninfo.com.cn）上披露的《关于增加2023年度关联交易预计以及公司2024年度日常关联交 易预计的公告》（公告编号：2023-066）。 公司分别于2024年4月24日、2024年5月20日召开第六届董事会第三次会议和2023年度股东大 会，审议通过了《关于增加日常关联交易预计额度的议案》，公司因业务发展需要，拟增加与淘 天物流科技有限公司（以下 ...

二、监事会会议审议情况 证券代码：002468 证券简称：申通快递 公告编号：2024-047 申通快递股份有限公司 第六届监事会第三次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 一、监事会会议召开情况 申通快递股份有限公司（以下简称"公司"）于2024年8月20日以邮件、电话等方式发出召开 第六届监事会第三次会议的通知，会议于2024年8月30日在上海市青浦区重达路58号会议室以现场 结合通讯表决的方式召开，应出席会议的监事3名，实际出席会议的监事3名。会议由监事会主席 顾利娟女士主持，本次会议的召开符合《公司法》和《公司章程》的有关规定。 经全体监事认真审议，本次会议通过了如下议案： 1、审议通过了《2024年半年度报告全文及摘要》 表决结果：同意票3票，反对票0票，弃权票0票，回避票0票。 经审核，监事会认为公司《2024年半年度报告全文及摘要》的编制程序符合法律、行政法规 和中国证监会监管规则的规定，报告内容真实、准确、完整地反映了上市公司的实际情况，不存 在任何虚假记载、误导性陈述或者重大遗漏。公司《2024年半年度报告》全文的具体 ...

申通快递股份有限公司 内部审计制度 第一章 总则 第一条 为了加强申通快递股份有限公司（以下简称"公司"）内部管理和 控制，促进公司内部行为的合法性、合规性，保护投资者合法权益，不断提高企 业运营的效率及效果，依据《中华人民共和国审计法》《企业内部控制基本规范》 《企业内部控制应用指引》《深圳证券交易所上市公司自律监管指引第 1 号—— 主板上市公司规范运作》及《申通快递股份有限公司章程》(以下简称"《公司 章程》")等规定，制定本制度。 第二条 本制度所称内部审计，是指公司内部设立的内部审计部门，依据国 家有关法律法规、财务会计制度和公司内部管理规定，对公司各内部机构、控股 子公司以及具有重大影响的参股公司的内部控制制度的建立和实施、对其内部控 制和风险管理的有效性、财务信息的真实性和完整性以及经营活动的效率和效果 等开展的一种评价活动。 第三条 内部审计的目的，是促进公司内部控制的建立健全，规范公司经营 行为，实现有效控制成本，改善经营管理，规避经营风险，增加公司价值。 第四条 内部审计范围和对象，包括公司和公司各部门、分公司、控股公司、 具有重大影响的参股公司等现有的与公司存在控制与被控制、管理与被管理 ...

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥21,568,807,142.30, representing a 13.01% increase compared to ¥19,086,330,989.57 in the same period last year[11]. - Net profit attributable to shareholders was ¥436,970,634.89, a significant increase of 100.17% from ¥218,297,614.14 in the previous year[11]. - The net cash flow from operating activities increased by 54.55% to ¥1,832,449,988.79, compared to ¥1,185,670,026.48 in the same period last year[11]. - Basic earnings per share rose to ¥0.29, reflecting a 107.14% increase from ¥0.14 in the previous year[11]. - The weighted average return on net assets improved to 4.85%, up by 2.21 percentage points from 2.64% in the same period last year[11]. - The net profit after deducting non-recurring gains and losses was ¥437,069,849.82, up 100.87% from ¥217,587,306.39 in the same period last year[11]. - The total operating revenue for the first half of 2024 reached ¥21.57 billion, representing a year-on-year increase of 13.01%[67]. - Express service revenue accounted for ¥21.34 billion, with a growth of 17.42% compared to the same period last year[68]. - The company reported a total comprehensive income of CNY 442.32 million for the first half of 2024, compared to CNY 220.96 million in the first half of 2023, representing an increase of 100.0%[136]. Operational Efficiency - The company aims to enhance its operational efficiency through "digital intelligence operations" and "refined management" to improve service quality[15]. - The company has increased investment in its core transfer centers to optimize the logistics network and improve service delivery[17]. - The company has implemented a comprehensive express information service system to provide real-time tracking for users[28]. - The company has increased investment in new automated sorting equipment, achieving a 30% improvement in sorting efficiency and a 50% reduction in energy consumption[42]. - The company has established a comprehensive digital system for operational management, enabling real-time monitoring and intervention for over a billion packages[59]. - The company has established a mature operation and cost monitoring mechanism to mitigate the impact of fuel price volatility by making advance purchases based on price trends[86]. Market and Growth Strategy - The company continues to focus on enhancing service experience and expanding its market presence[3]. - The company aims to enhance its daily throughput capacity to over 75 million pieces by the end of 2024[41]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2025[162]. - The company is exploring potential acquisitions to enhance its service offerings, with a budget of 500 million RMB allocated for this purpose[162]. - Strategic partnerships are being formed to leverage synergies, expected to generate an additional 200 million RMB in revenue[162]. Risk Management - The company has outlined potential risks and corresponding measures in its management discussion section, emphasizing the importance of risk awareness for investors[3]. - The company faced risks related to macroeconomic fluctuations, which could impact the overall performance of the express delivery industry[81]. - The company is exposed to intense market competition, particularly from large e-commerce firms building their own logistics systems, which could affect its market share[82]. - The company has implemented measures to manage risks associated with franchise operations, ensuring compliance with franchise agreements to protect its brand and revenue[85]. Investment and Financial Position - Research and development investment increased by 47.34% to ¥147,627,851.99, up from ¥100,195,076.01, primarily aimed at enhancing digital capabilities[66]. - The total investment during the reporting period was ¥1,527,510,574.44, representing a 41.62% increase compared to ¥1,078,589,852.30 in the same period last year[74]. - The company reported a significant increase in income tax expenses, which rose by 101.12% to ¥111,710,904.30, reflecting the growth in profits[66]. - The company has made significant investments in capital reserves, indicating a focus on strengthening its financial position[144]. Corporate Governance and Compliance - The company has emphasized compliance with legal and regulatory requirements in all its operations and transactions[101]. - The commitments regarding the avoidance of related party transactions are aimed at ensuring fair pricing and preventing any illegal transfer of funds or profits from Shentong Express[101]. - The company has pledged to minimize and regulate related party transactions, ensuring fair pricing and compliance with legal requirements[103]. - The company has confirmed that all commitments made during the asset restructuring process are being fulfilled normally[102]. Environmental and Social Responsibility - The company reduced monthly diesel consumption by 650,000 liters and decreased fuel consumption per 100 kilometers by 1.42 liters through its oil consumption bidding project[97]. - The company has established a distributed photovoltaic power generation capacity of 14,413 kWp, with an annual power generation of approximately 14.7 million kWh[97]. - The company initiated the "Single Donation" public welfare plan, focusing on disaster prevention and relief efforts, with the first implementation in July 2024[99]. Future Outlook - The company has provided a positive outlook for the second half of 2024, projecting a revenue growth of 25%[162]. - New product launches are expected to contribute an additional 300 million RMB in revenue by the end of 2024[162].

申通快递股份有限公司 2024年半年度非经营性资金占用及其他关联资金往来情况汇总表 | 编制单位： 申通快递股份有限公司 | | | | | | | | | | 单位：万元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公 司的关联关系 | 上市公司核算 的会计科目 | 2024年1-6月 2023年12月 31日占用资 | 占用累计发 | 2024年1-6 月占用资 | 2024年1-6月 2024年6月 偿还累计发 | 30日占用 | 占用形成原因 | 占用性质 | | | | | | 金余额 | 生金额 | 金的利息 | 生金额 | 资金余额 | | | | | | | | | (不含利息) | (如有) | | | | | | 控股股东、实际控制人及其 | | | | | | | | | | | | 附属企业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 前控股股东、实际控制人及 | | | | ...

证券代码：002468 证券简称：申通快递 公告编号：2024-046 申通快递股份有限公司 第六届董事会第四次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 一、董事会会议召开情况 申通快递股份有限公司（以下简称"公司"）于2024年8月20日以邮件、电话等方式发出召开 第六届董事会第四次会议的通知，会议于2024年8月30日在上海市青浦区重达路58号会议室以现场 结合通讯表决的方式召开，应出席会议的董事7名，实际出席会议的董事7名。会议由董事长陈德 军先生主持，公司监事及高级管理人员列席了本次会议。本次会议的召开符合《公司法》和《公 司章程》的有关规定。 1、审议通过了《2024年半年度报告全文及摘要》 表决结果：同意票7票，反对票0票，弃权票0票，回避票0票。 公司董事会审计委员会审议通过了本议案。公司《2024年半年度报告》全文的具体内容详见 公司于同日在巨潮资讯网（www.cninfo.com.cn）上披露的公告，公司《2024年半年度报告摘要》 具体内容详见公司同日在《中国证券报》《证券日报》《证券时报》《上海证券报》及巨潮资讯网 （ ...

（二）会议召集人：公司董事会 （三）会议召开的合法、合规性：本次股东大会会议召开符合有关法律、行政法规、部门规 章、规范性文件和公司章程的相关规定 证券代码：002468 证券简称：申通快递 公告编号：2024-048 申通快递股份有限公司 关于召开 2024 年第一次临时股东大会的通知 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 申通快递股份有限公司（以下简称"公司"）第六届董事会第四次会议审议通过了《关于召 开 2024 年第一次临时股东大会的议案》，决定公司于 2024 年 9 月 19 日（周四）15 时召开公司 2024 年第一次临时股东大会，现将本次会议的有关事项通知如下： 一、召开会议的基本情况 （一）股东大会届次：2024 年第一次临时股东大会 （六）股权登记日：2024 年 9 月 12 日（周四） （四）现场会议召开时间：2024 年 9 月 19 日（周四）15 时 网络投票时间：2024 年 9 月 19 日。其中： 1、通过深圳证券交易所交易系统进行网络投票的具体时间为 2024 年 9 月 19 日 9:15—9:25， 9:3 ...

证券代码：002468 证券简称：申通快递 公告编号：2024-045 申通快递股份有限公司（以下简称"公司"）董事会于近日收到公司内部审计负责人张艺帆 女士提交的书面辞职报告，张艺帆女士因工作调整原因，申请辞去公司内部审计负责人职务，辞 职申请送达公司董事会之日起生效，其辞职后仍在公司担任其他职务。董事会对张艺帆女士在担 任内部审计负责人期间做出的贡献表示感谢。 为保证公司内部审计工作的顺利进行，根据《深圳证券交易所上市公司自律监管指引第 1 号 ——主板上市公司规范运作》及《公司章程》等有关规定，经董事会审计委员会提名，公司于 2024 年 8 月 30 日召开第六届董事会第四次会议审议通过了《关于变更内部审计负责人的议案》，同意 聘任何瑞娟女士为公司内部审计负责人，任期自本次董事会审议通过之日起至第六届董事会届满 之日止。何瑞娟女士简历详见附件。 特此公告。 申通快递股份有限公司 关于变更内部审计负责人的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 2024年8月31日 附件： 何瑞娟女士个人简历 何瑞娟女士：1989 年出生，中国国籍，无境外永 ...

证券代码：002468 证券简称：申通快递 公告编号：2024-044 申通快递股份有限公司 关于为下属子公司提供担保的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 特别提示： 被担保方辽宁瑞银申通快递有限公司（以下简称"辽宁瑞银"）、淮安子淳物流有限公司（以 下简称"淮安物流"）、陕西瑞银申通快递有限公司（以下简称"陕西瑞银"）为申通快递股份 有限公司（以下简称"公司"）下属子公司，其资产负债率超过 70%，提醒广大投资者关注担保风 险。 一、担保情况概述 为了满足下属子公司业务发展需要，公司全资子公司申通快递有限公司（以下简称"申通有 限"）拟为下属子公司辽宁瑞银、淮安物流、陕西瑞银提供担保，由申通有限向银行申请开具保 函，用于支付上述子公司的工程款保证金，本次开具保函的金额合计不超过人民币 3,800 万元， 本次对外担保额度有效期为自股东大会审议通过之日起，至下年度审议对外担保额度预计的股东 大会召开之日止，任一时点的担保余额不得超过股东大会审议通过的担保额度。 公司于 2024 年 8 月 30 日召开第六届董事会第四次会议和第六届监事会第三 ...

Investment Rating - The report assigns a "Buy" rating to the company for the first time, with a target price of 10.78 CNY, representing a 27% upside from the current price of 8.47 CNY [1][3]. Core Insights - The report highlights that the transformation factors within the company are translating into positive performance, and the industry's trend towards "anti-involution" is expected to enhance the company's earnings elasticity [1][4]. - The company has regained its leading position in terms of parcel volume growth, with a year-on-year growth rate of 35.2% in 2023, surpassing the average growth of its peers by 13.2 percentage points [1][13]. - The report emphasizes the importance of volume as a foundation for the company's operations, supported by the direct operation of transfer centers and increased capital investment to enhance capacity [1][5]. Summary by Sections Business Volume as a Foundation - The company has consistently led the industry in parcel volume growth since 2023, with a significant reduction in market share gap compared to its competitors [1][12]. - The support for this growth comes from the increase in the direct operation of transfer centers and substantial capital investments aimed at boosting capacity, with a projected capacity increase of 19%, 20%, and 25% from 2022 to 2024 [1][5][22]. Positive Cycle of Volume and Profitability - The company is achieving a positive cycle of volume, cost, and profit, with a notable turning point in single parcel net profit since Q1 2022, ending a period of losses [1][28]. - Free cash flow turned positive in 2023, marking the first time since 2018 that the company has restored its cash-generating ability [1][5]. Industry "Anti-Involution" Trend - The report notes that the industry is moving towards "anti-involution," which is beneficial for the earnings elasticity of express delivery companies [1][5]. - The competitive strategies of major companies are shifting, with a focus on service quality and a slowdown in capital expenditure, laying the groundwork for industry optimization [1][5]. Investment Recommendations - The report forecasts the company's net profit for 2024-2026 to be 8.6 billion, 12.7 billion, and 15.8 billion CNY, representing year-on-year growth rates of 152%, 48%, and 24% respectively [1][5]. - The target price is based on a projected price-to-earnings ratio of 13 times for 2025, leading to a target market value of 16.5 billion CNY [1][5].