Part I Important Notice, Table of Contents, and Definitions [Important Notice](index=2&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, assuming legal responsibility, and plan no cash dividends, bonus shares, or capital reserve conversions for the period - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, free from false statements, misleading representations, or major omissions, and assume individual and joint legal responsibility[2](index=2&type=chunk) - Company head Yao Qin, chief accountant Li Lei, and head of accounting department Ji Guoxin declare that the financial report in this semi-annual report is true, accurate, and complete[2](index=2&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[2](index=2&type=chunk) [Table of Contents](index=3&type=section&id=%E7%9B%AE%E5%BD%95) This section lists the complete directory structure of the semi-annual report, covering major chapters such as important notices, company profile, management discussion and analysis, corporate governance, environmental and social responsibility, significant events, share changes and shareholder information, preferred shares and bonds, and financial reports [List of Documents for Reference](index=4&type=section&id=%E5%A4%87%E6%9F%A5%E6%96%87%E4%BB%B6%E7%9B%AE%E5%BD%95) Documents for reference include financial statements signed and sealed by the company's legal representative, chief accountant, and head of accounting department, all company documents and announcements publicly disclosed during the reporting period, and the original 2024 semi-annual report signed by the company's legal representative, all available at the company's board of directors' office - Documents for reference include financial statements bearing the signatures and seals of the company's legal representative, chief accountant, and head of accounting department[4](index=4&type=chunk) - Documents for reference also include the originals of all company documents and announcements publicly disclosed on media designated by the China Securities Regulatory Commission during the reporting period[4](index=4&type=chunk) - The documents for reference are kept at the company's board of directors' office[4](index=4&type=chunk) [Definitions](index=5&type=section&id=%E9%87%8A%E4%B9%89) This section provides definitions for common terms used in the report, including company name, subsidiary names, reporting period definition, and industry-specific terms such as brand owner, manufacturer, supplier, and freight forwarder, ensuring clear understanding of the report's content - “The Company”, “Company”, “Joint Stock Company”, “Feiliks Logistics” refer to Jiangsu Feiliks International Logistics Co., Ltd[5](index=5&type=chunk) - “Reporting Period” refers to January 1, 2024, to June 30, 2024[8](index=8&type=chunk) - “Brand Owner” refers to an IT manufacturer with its own brand, responsible for placing OEM orders with manufacturers, requiring them to produce specified products under their brand, and paying OEM fees[8](index=8&type=chunk) Part II Company Profile and Key Financial Indicators [I. Company Profile](index=9&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B) This section introduces the company's basic information, including its stock abbreviation 'Feiliks', stock code '300240', its Chinese name 'Jiangsu Feiliks International Logistics Co., Ltd.' and its English abbreviation 'Feiliks', with Yao Qin as the legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Feiliks | | Stock Code | 300240 | | Stock Exchange | Shenzhen Stock Exchange | | Company's Chinese Name | 江苏飞力达国际物流股份有限公司 | | Company's English Abbreviation | Feiliks | | Company's Legal Representative | 姚勤 | [II. Contact Persons and Information](index=9&type=section&id=%E4%BA%8C%E3%80%81%E8%81%94%E7%B3%BB%E4%BA%BA%E5%92%8C%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) This section provides contact details for the company's Board Secretary Zhang Yu and Securities Affairs Representative Li娜, including address, phone, fax, and email, to facilitate investor communication Contact Persons and Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | 张瑜 | 江苏省昆山开发区玫瑰路 999 号 | 0512-55278689 | 0512-55278558 | dshmsc@feiliks.com | | Securities Affairs Representative | 李娜 | 江苏省昆山开发区玫瑰路 999 号 | 0512-55278689 | 0512-55278558 | dshmsc@feiliks.com | [III. Other Information](index=9&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E6%83%85%E5%86%B5) During the reporting period, there were no changes in the company's registered address, office address, website, email, information disclosure and storage locations, or registration status, with specific details available in the 2023 annual report - The company's registered address, office address and postal code, website, and email remained unchanged during the reporting period, as detailed in the 2023 annual report[11](index=11&type=chunk) - Information disclosure and storage locations remained unchanged during the reporting period, as detailed in the 2023 annual report[12](index=12&type=chunk) - The company's registration status remained unchanged during the reporting period, as detailed in the 2023 annual report[13](index=13&type=chunk) [IV. Key Accounting Data and Financial Indicators](index=10&type=section&id=%E5%9B%9B%E3%80%81%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) During the reporting period, the company's operating revenue increased by **44.83%** to **3.279 billion CNY**, but net profit attributable to shareholders decreased by **1.30%** to **21.38 million CNY**, while net profit excluding non-recurring gains and losses increased by **131.97%**, indicating stronger core business profitability, and net cash flow from operating activities significantly decreased by **105.69%** Key Accounting Data and Financial Indicators (Current Reporting Period vs. Prior Year Period) | Indicator | Current Period (CNY) | Prior Year Period (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 3,278,894,300.30 | 2,263,893,030.60 | 44.83% | | Net Profit Attributable to Shareholders of Listed Company | 21,382,051.62 | 21,663,051.97 | -1.30% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains/Losses) | 1,793,804.81 | -5,611,329.17 | 131.97% | | Net Cash Flow from Operating Activities | -1,877,798.91 | 33,007,434.08 | -105.69% | | Basic Earnings Per Share (CNY/share) | 0.0577 | 0.0586 | -1.54% | | Diluted Earnings Per Share (CNY/share) | 0.0577 | 0.0586 | -1.54% | | Weighted Average Return on Net Assets | 1.47% | 1.46% | 0.01% | Key Accounting Data and Financial Indicators (End of Current Reporting Period vs. End of Prior Year) | Indicator | End of Current Period (CNY) | End of Prior Year (CNY) | Change from Prior Year End | | :--- | :--- | :--- | :--- | | Total Assets | 3,921,925,127.22 | 3,835,884,774.85 | 2.24% | | Net Assets Attributable to Shareholders of Listed Company | 1,434,942,644.19 | 1,475,484,237.15 | -2.75% | [V. Differences in Accounting Data Under Domestic and International Accounting Standards](index=10&type=section&id=%E4%BA%94%E3%80%81%E5%A2%83%E5%86%85%E5%A4%96%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E4%B8%8B%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%B7%AE%E5%BC%82) During the reporting period, the company reported no differences in net profit and net assets between financial reports prepared under international or overseas accounting standards and those prepared under Chinese accounting standards - During the reporting period, the company had no differences in net profit and net assets between financial reports disclosed under International Accounting Standards and Chinese Accounting Standards[15](index=15&type=chunk) - During the reporting period, the company had no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese Accounting Standards[16](index=16&type=chunk) [VI. Non-recurring Gains and Losses Items and Amounts](index=10&type=section&id=%E5%85%AD%E3%80%81%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%8F%8A%E9%87%91%E9%A2%9D) During the reporting period, the company's total non-recurring gains and losses amounted to **19.59 million CNY**, primarily from government subsidies, disposal gains/losses of non-current assets, fair value changes of financial assets, and reversal of impairment provisions for receivables, which positively impacted net profit after tax and minority interests Non-recurring Gains and Losses Items and Amounts | Item | Amount (CNY) | Description | | :--- | :--- | :--- | | Gains/Losses from Disposal of Non-current Assets | 480,293.24 | | | Government Subsidies Included in Current Period Profit/Loss | 26,581,741.39 | | | Gains/Losses from Fair Value Changes of Financial Assets and Liabilities Held by Non-financial Enterprises, and Gains/Losses from Disposal of Financial Assets and Liabilities | 1,048,321.81 | | | Reversal of Impairment Provisions for Receivables Subject to Separate Impairment Testing | 1,020,000.00 | | | Other Non-operating Income and Expenses Apart from the Above Items | -2,108,958.02 | | | Less: Income Tax Impact | 6,785,320.31 | | | Minority Interest Impact (After Tax) | 647,831.30 | | | Total | 19,588,246.81 | | Part III Management Discussion and Analysis [I. Main Business Activities During the Reporting Period](index=11&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E4%BB%8E%E4%BA%8B%E7%9A%84%E4%B8%BB%E8%A6%81%E4%B8%9A%E5%8A%A1) As an integrated supply chain management service provider, the company specializes in intelligent manufacturing supply chains, offering comprehensive logistics and international freight forwarding services, achieving steady business growth, optimizing its customer structure, and making significant progress in key sectors while actively expanding into overseas markets [(I) Industry Development During the Reporting Period](index=11&type=section&id=(%E4%B8%80)%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E6%89%80%E5%B1%9E%E8%A1%8C%E4%B8%9A%E5%8F%91%E5%B1%95%E6%83%85%E5%86%B5) Modern logistics, as the 'veins' of the real economy, has vast market potential supported by policies and digital development, with national social logistics aggregating **167.4 trillion CNY** in the first half of 2024, growing by **5.80%** year-on-year, highlighting the importance of reducing logistics costs, increasing professional third-party logistics penetration, and building smart logistics systems - The '14th Five-Year Plan for Modern Logistics Development' states that modern logistics is a crucial support for extending industrial chains, enhancing value chains, and building supply chains, playing a leading, fundamental, and strategic role in constructing a modern circulation system, fostering a strong domestic market, promoting high-quality development, and building a modern economic system[19](index=19&type=chunk) - In the first half of 2024, the national social logistics aggregated **167.4 trillion CNY**, representing a **5.80%** year-on-year increase at comparable prices[19](index=19&type=chunk) [(II) Overview of Company's Main Business During the Reporting Period](index=11&type=section&id=(%E4%BA%8C)%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%B8%9A%E5%8A%A1%E6%A6%82%E8%BF%B0) Feiliks specializes in integrated supply chain management, designing and providing solutions for clients, with a core product system centered on VMI for brand owners, distribution, spare parts allocation centers, and VMI for manufacturers, and supplier DCs, driven by data technology, focusing on advanced manufacturing, deeply cultivating the electronic information industry, and actively expanding into intelligent manufacturing sectors like automotive and new energy, aiming to enhance supply chain management efficiency and build green supply chains - Feiliks is a modern logistics service provider specializing in integrated supply chain management, leveraging various corporate resources to support its brand advantage and offering integrated supply chain management solutions as its core business[20](index=20&type=chunk) - The company consistently prioritizes creating value for customers, firmly implementing a dual-driven model of data and technology, and is committed to becoming an 'expert in intelligent manufacturing supply chain management driven by data technology'[20](index=20&type=chunk) - The company continuously focuses on advanced manufacturing, strengthens research on target industry trends and strategies, actively develops core products, deeply cultivates the electronic information industry, and actively expands into intelligent manufacturing sectors such as automotive and new energy[20](index=20&type=chunk) [(III) Company's Main Products and Services During the Reporting Period](index=12&type=section&id=(%E4%B8%89)%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BA%A7%E5%93%81%E5%8F%8A%E6%9C%8D%E5%8A%A1) The company's main business comprises comprehensive logistics services and international freight forwarding logistics services, with comprehensive logistics services centered on warehousing, covering various logistics and value-added services, while international freight forwarding services provide global sea and air logistics, offering customer resources and transport guarantees for comprehensive logistics - The company's main business is providing supply chain management services to intelligent manufacturing enterprises, divided into comprehensive logistics services and international freight forwarding logistics services[22](index=22&type=chunk) - Comprehensive logistics services include VMI/DC management, CKD management, milk run, outsourced warehouse management, in-plant warehouse management, line-side warehouse management, spare parts management, FTL management, semi-finished product warehouse management, finished product warehouse management, road transport and distribution logistics, multimodal transport, value-added processing, service outsourcing, global aftermarket spare parts logistics, and low-carbon green circular packaging[22](index=22&type=chunk)[23](index=23&type=chunk)[24](index=24&type=chunk)[25](index=25&type=chunk) - International freight forwarding services include air and sea logistics, covering over **50** countries and regions globally, with more than **30** agent partners collaborating for over **5** years[26](index=26&type=chunk) [(IV) Main Industries Served by the Company During the Reporting Period](index=14&type=section&id=(%E5%9B%9B)%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%85%AC%E5%8F%B8%E6%9C%8D%E5%8A%A1%E7%9A%84%E4%B8%BB%E8%A6%81%E8%A1%8C%E4%B8%9A) The company specializes in logistics services for intelligent manufacturing enterprises, continuously segmenting electronic information industry clients, and actively conducting industry research and capability building in automotive manufacturing, new energy, and smart manufacturing, forming industry solutions that lay the foundation for business transformation and upgrading - During the reporting period, the company deeply cultivated logistics services for intelligent manufacturing enterprises, aiming to help them improve supply chain management efficiency and achieve customer value propositions[27](index=27&type=chunk) - The company continuously refined and segmented customer relationships across the electronic information industry supply chain, analyzing common issues and pain points among similar customers, categorizing them into brand owners, contract manufacturers, core component manufacturers, channel partners, and more[27](index=27&type=chunk) - The company also conducted in-depth industry research and capability building in automotive manufacturing, new energy, and intelligent manufacturing sectors, continuously developing industry solutions that lay a solid foundation for its ongoing business transformation, upgrading, and future development[27](index=27&type=chunk) [(V) Brief Operating Analysis for the First Half of the Year](index=15&type=section&id=(%E4%BA%94)%E4%B8%8A%E5%8D%8A%E5%B9%B4%E5%BA%A6%E7%AE%80%E8%A6%81%E7%BB%8F%E8%90%A5%E5%88%86%E6%9E%90) In the first half, the company's business volume grew steadily, with sea freight import/export container volume increasing by **99.10%** and multimodal transport volume by **30%**, acquiring approximately **3,000** new customers, and financially, operating revenue increased by **44.83%**, but net profit attributable to the parent company decreased by **1.30%**, mainly due to reduced government subsidies, increased taxes, and higher exchange losses, though non-recurring net profit attributable to the parent company grew by **131.97%**, indicating stronger core business operations - The company's sea freight import and export container volume exceeded **231,000 TEU**, an increase of approximately **99.10%** year-on-year[28](index=28&type=chunk) - The total global import and export volume for multimodal transport was approximately **18,000 TEU**, a **30%** year-on-year increase[28](index=28&type=chunk) - Approximately **3,000** new customers were acquired during the reporting period, with gains across all major industries[28](index=28&type=chunk) Key Financial Data for the First Half | Indicator | Current Period (CNY ten thousand) | Prior Year Period (CNY ten thousand) | YoY Growth | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 327,889.43 | 226,389.30 | 44.83% | | Net Profit Attributable to Shareholders of Listed Company | 2,138.21 | 2,166.31 | -1.30% | | Net Profit Attributable to Parent Company (Excluding Non-recurring Gains/Losses) | N/A | N/A | 131.97% | [II. Core Competitiveness Analysis](index=15&type=section&id=%E4%BA%8C%E3%80%81%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core competitiveness stems from extensive warehousing resources and smart management, a global business network, data and technology-driven digital transformation, stable high-quality customer resources, and an experienced management team with strong brand recognition, collectively supporting its leading position in intelligent manufacturing supply chains [(I) Abundant Warehousing Resources, Implementing Smart Warehousing, Adapting to High-End Demands](index=15&type=section&id=(%E4%B8%80)%E4%BB%93%E5%82%A8%E8%B5%84%E6%BA%90%E4%B8%B0%E5%AF%8C%EF%BC%8C%E5%AE%9E%E6%96%BD%E6%99%BA%E6%85%A7%E4%BB%93%E5%82%A8%EF%BC%8C%E9%80%82%E9%85%8D%E9%AB%98%E7%AB%AF%E9%9C%80%E6%B1%82) The company owns or manages over **1.092 million square meters** of warehousing resources, forming a nationwide service network, and by investing in intelligent warehouses and adopting smart logistics technology, it provides centralized services to customers, establishing a core competitive advantage in cost reduction and efficiency improvement - As of the end of the reporting period, the company owned or managed over **1.092 million square meters** of warehousing resources nationwide, establishing a comprehensive warehousing service network[30](index=30&type=chunk) - The company continuously increases its owned warehouse area and enhances warehouse intelligence, laying the foundation for core competitiveness in further cost reduction and efficiency improvement, and actively striving for stable growth in comprehensive logistics revenue[30](index=30&type=chunk) [(II) Global Business Network Layout, Comprehensive Logistics and Transportation System](index=16&type=section&id=(%E4%BA%8C)%E5%85%A8%E7%90%83%E5%8C%96%E4%B8%9A%E5%8A%A1%E7%BD%91%E7%BB%9C%E5%B8%83%E5%B1%80%EF%BC%8C%E5%AE%8C%E5%96%84%E7%9A%84%E7%89%A9%E6%B5%81%E8%BF%90%E8%BE%93%E4%BD%93%E7%B3%BB) With thirty years of experience in manufacturing supply chain logistics, the company has established an extensive service system covering over **50** countries and regions globally, with international routes spanning five continents, and has developed a two-way multimodal transport system connecting China's economically developed regions to Europe, offering dual advantages of cost reduction and carbon emission reduction - The company has specialized in manufacturing supply chain logistics services for **thirty years**, providing safe, high-quality, and efficient supply chain solutions and a range of logistics products and services including warehousing, sea freight, air freight, road transport, and multimodal transport to domestic and international clients[31](index=31&type=chunk) - Domestically, relying on **eight major ports**, major airports, and full coverage of provincial capitals, an extensive service system has been established, radiating to over **50** countries and regions globally, with international routes spanning five continents[31](index=31&type=chunk) - Currently, the company has established Yangtze River shipping teams, global after-sales maintenance teams, and circular packaging teams, offering dual advantages of cost reduction and carbon emission reduction[31](index=31&type=chunk) [(III) Data and Technology Dual-Driven Approach](index=16&type=section&id=(%E4%B8%89)%E6%95%B0%E6%8D%AE%E4%B8%8E%E6%8A%80%E6%9C%AF%E5%8F%8C%E8%BD%AE%E9%A9%B1%E5%8A%A8) With a vision to 'become an expert in intelligent manufacturing supply chain management driven by data technology,' the company collaborates with Alibaba Cloud and Deloitte to advance a dual-platform digital transformation, building an OMS order management system to achieve business digitalization and data monetization, thereby enhancing end-to-end efficiency and quality through intelligent, digital, and automated solutions - With the vision of 'becoming an expert in intelligent manufacturing supply chain management driven by data technology,' the company has collaborated extensively with Alibaba Cloud and Deloitte to define its dual-platform digital transformation plan based on business and data platforms[32](index=32&type=chunk) - The company adheres to the principle of 'all business data-driven, all data business-oriented,' providing intelligent, digital, and automated supply chain solutions to ensure end-to-end efficiency and stable service quality[32](index=32&type=chunk) [(IV) Extensive and Stable Resources of Renowned Domestic and International High-Quality Manufacturing Brand Owners, Manufacturers, Suppliers, and Partners](index=16&type=section&id=(%E5%9B%9B)%E5%85%AC%E5%8F%B8%E6%8B%A5%E6%9C%89%E5%A4%A7%E9%87%8F%E4%B8%94%E7%A8%B3%E5%AE%9A%E7%9A%84%E5%9B%BD%E9%99%85%E5%9B%BD%E5%86%85%E7%9F%A5%E5%90%8D%E4%BC%98%E8%B4%A8%E7%9A%84%E5%88%B6%E9%80%A0%E4%B8%9A%E5%93%81%E7%89%8C%E5%95%86%E3%80%81%E5%88%B6%E9%80%A0%E5%95%86%E3%80%81%E4%BE%9B%E5%BA%94%E5%95%86%E7%AD%89%E5%AE%A2%E6%88%B7%E5%8F%8A%E5%90%88%E4%BD%9C%E4%BC%99%E4%BC%B4%E8%B5%84%E6%BA%90) The company, through a key account strategy serving premium brand owners, has accumulated numerous renowned high-quality clients in electronic information manufacturing, automotive and components, and new energy industries, whose high loyalty and tendency for collaborative growth provide favorable conditions for business model innovation and expansion, thereby enhancing the company's industry reputation - The company continuously extends its integrated supply chain management solutions to the upstream and downstream of the intelligent manufacturing industry chain, accumulating numerous renowned high-quality clients in intelligent manufacturing[33](index=33&type=chunk) - Reputable high-quality clients demand high levels of supply chain management from logistics service providers, but their loyalty in cooperation is also high due to high switching costs[33](index=33&type=chunk) [(V) Stable and Continuously Optimized Management Team Focused on Manufacturing Supply Chain Logistics, Rich Industry Experience, and Strong Brand Equity](index=16&type=section&id=(%E4%BA%94)%E5%85%AC%E5%8F%B8%E6%8B%A5%E6%9C%89%E4%B8%93%E6%B3%A8%E4%BA%8E%E5%88%B6%E9%80%A0%E4%B8%9A%E4%BE%9B%E5%BA%94%E9%93%BE%E7%89%A9%E6%B5%81%E7%9A%84%E7%A8%B3%E5%AE%9A%E4%B8%94%E6%8C%81%E7%BB%AD%E4%BC%98%E5%8C%96%E7%9A%84%E7%AE%A1%E7%90%86%E5%9B%A2%E9%98%9F%E5%8F%8A%E4%B8%B0%E5%AF%8C%E7%9A%84%E8%A1%8C%E4%B8%9A%E7%BB%8F%E9%AA%8C%EF%BC%8C%E4%B8%BA%E5%85%AC%E5%8F%B8%E7%A7%AF%E7%B4%AF%E4%BA%86%E8%89%AF%E5%A5%BD%E7%9A%84%E5%93%81%E7%89%8C%E6%95%88%E7%9B%8A) The company boasts a stable, professional, and efficient management and technical team with extensive industry experience, capable of accurately grasping logistics industry trends, and as of the reporting period end, has secured **21** patents and **212** software copyrights, along with multiple certifications and industry honors, building significant brand equity - The company possesses a stable, professional, and efficient management team and specialized technical team, with management dedicated to the operation and management of the modern logistics industry, bringing extensive practical experience[34](index=34&type=chunk) - As of the end of the reporting period, the company had obtained **21** patent certificates (**8** invention patents, **13** utility model patents) and **212** software copyright certificates[34](index=34&type=chunk) - The company and its subsidiaries have obtained multiple certifications, including ISO9001, ISO14001, ISO45001, AEO certification, 5AAAAA-level logistics enterprise, and TAPA certification[34](index=34&type=chunk)[35](index=35&type=chunk) - During the reporting period, the company received several industry honors, such as 'Excellent Supply Chain for Brand Going Global,' 'Logistics Industry 'Golden Pegasus' 2024 Green Logistics Enterprise TOP10,' and '2023 National Top 100 General Warehousing Enterprises'[37](index=37&type=chunk) [III. Main Business Analysis](index=19&type=section&id=%E4%B8%89%E3%80%81%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) During the reporting period, the company's operating revenue increased by **44.83%**, primarily due to rising international air and sea freight prices and increased business volume, while operating costs rose by **46.55%** in line with revenue growth, financial expenses increased by **110.29%** mainly due to higher exchange losses, income tax expenses surged by **556.27%** due to increased total profit, and net cash flow from operating activities decreased by **105.69%**, primarily affected by reduced tax refunds and other operating cash inflows, as well as increased employee compensation, with international freight forwarding business revenue growing by **65.87%** and comprehensive logistics services revenue increasing by **20.51%** Year-on-Year Changes in Key Financial Data | Indicator | Current Period (CNY) | Prior Year Period (CNY) | YoY Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 3,278,894,300.30 | 2,263,893,030.60 | 44.83% | Primarily due to increased international air and sea freight prices and business volume in the current period, leading to growth in international freight forwarding business revenue | | Operating Cost | 3,057,510,747.21 | 2,086,385,945.45 | 46.55% | Primarily due to increased company revenue in the current period, with costs increasing accordingly | | Selling Expenses | 41,912,898.48 | 40,818,683.16 | 2.68% | Primarily due to increased employee compensation in the current period | | Administrative Expenses | 125,256,908.98 | 119,612,449.03 | 4.72% | Primarily due to increased employee compensation in the current period | | Financial Expenses | 26,905,920.21 | 12,794,384.91 | 110.29% | Primarily due to increased exchange losses | | Income Tax Expense | 8,897,254.46 | -1,950,003.30 | 556.27% | Primarily due to increased total profit in the current period, leading to increased income tax expense | | Net Cash Flow from Operating Activities | -1,877,798.91 | 33,007,434.08 | -105.69% | Primarily due to reduced tax refunds and other cash received related to operating activities, as well as increased cash paid to and for employees in the current period | | Net Cash Flow from Investing Activities | -98,500,875.25 | -24,546,460.71 | -301.28% | Primarily due to increased cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets in the current period | | Net Cash Flow from Financing Activities | 72,459,929.20 | -33,169,273.44 | 318.45% | Primarily due to increased bank borrowings by the company in the current period | | Net Increase in Cash and Cash Equivalents | -32,883,345.94 | -14,627,942.93 | -124.80% | Resulting from the sum of the above three net cash flows and the impact of exchange rate changes on cash and cash equivalents | Products or Services Accounting for Over 10% | By Product or Service | Operating Revenue (CNY) | Operating Cost (CNY) | Gross Margin | YoY Change in Operating Revenue | YoY Change in Operating Cost | YoY Change in Gross Margin | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | International Freight Forwarding | 2,013,728,806.64 | 1,894,191,708.03 | 5.94% | 65.87% | 66.81% | -0.53% | | Comprehensive Logistics Services | 1,265,165,493.66 | 1,163,319,039.18 | 8.05% | 20.51% | 22.34% | -1.38% | | Subtotal | 3,278,894,300.30 | 3,057,510,747.21 | 6.75% | 44.83% | 46.55% | -1.09% | | By Region | | | | | | | | Suzhou Region | 880,411,087.14 | 724,859,599.07 | 17.67% | 22.12% | 29.06% | -4.42% | | Shanghai Region | 871,944,715.60 | 921,771,398.89 | -5.71% | 48.15% | 59.55% | -7.54% | | Southwest Region | 124,132,286.58 | 121,646,783.04 | 2.00% | -1.78% | -3.70% | 1.96% | | Other Regions | 1,402,406,210.98 | 1,289,232,966.21 | 8.07% | 69.37% | 57.10% | 7.18% | | Subtotal | 3,278,894,300.30 | 3,057,510,747.21 | 6.75% | 44.83% | 46.55% | -1.09% | [IV. Non-Core Business Analysis](index=20&type=section&id=%E5%9B%9B%E3%80%81%E9%9D%9E%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) During the reporting period, the company had no non-core business analysis content, indicating its primary operating activities are concentrated in core businesses [V. Analysis of Assets and Liabilities](index=20&type=section&id=%E4%BA%94%E3%80%81%E8%B5%84%E4%BA%A7%E5%8F%8A%E8%B4%9F%E5%80%BA%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) As of the end of the reporting period, the company's total assets increased by **2.24%** year-on-year, while net assets attributable to shareholders decreased by **2.75%**, with accounts receivable growing by **3.60%** due to increased revenue, construction in progress increasing by **1.57%** due to higher investment in the South China Dongguan Supply Chain Service Base project, and short-term borrowings increasing by **3.99%** due to higher bank loans Significant Changes in Asset Composition | Item | Amount at Period End (CNY) | Proportion of Total Assets | Amount at Prior Year End (CNY) | Proportion of Total Assets | Change in Proportion | Explanation of Significant Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 492,294,248.82 | 12.55% | 533,484,905.81 | 13.91% | -1.36% | Primarily due to increased investment in the current period | | Accounts Receivable | 1,305,129,661.39 | 33.28% | 1,138,634,560.67 | 29.68% | 3.60% | Primarily due to increased operating revenue in the current period | | Construction in Progress | 79,242,025.04 | 2.02% | 17,204,705.93 | 0.45% | 1.57% | Primarily due to increased investment in the company's South China Dongguan Supply Chain Service Base project | | Short-term Borrowings | 959,187,843.24 | 24.46% | 785,302,402.86 | 20.47% | 3.99% | Primarily due to increased outstanding bank borrowings at the end of the current period | Assets and Liabilities Measured at Fair Value | Item | Amount at Period End (CNY) | | :--- | :--- | | Financial Assets Held for Trading | 38,701,414.65 | | Investments in Other Equity Instruments | 233,089,418.72 | | Receivables Financing | 1,656,201.33 | | Financial Liabilities | 360,697.46 | [VI. Investment Analysis](index=21&type=section&id=%E5%85%AD%E3%80%81%E6%8A%95%E8%B5%84%E7%8A%B6%E5%86%B5%E5%88%86%E6%9E%90) During the reporting period, the company's investment increased by **277.51%** to **80.47 million CNY**, primarily due to increased cash payments for the acquisition of fixed assets, intangible assets, and other long-term assets, with the Dongguan Feiliks Electronic Components Distribution Center project receiving **59.79 million CNY** in investment and currently under construction, and the company also holding financial assets measured at fair value, such as funds, totaling **271.79 million CNY** at period-end, and engaging in forward foreign exchange settlement and sales for hedging, with a period-end amount of **21.38 million CNY**, aiming to smooth out exchange rate fluctuations Overall Investment Situation | Indicator | Investment Amount in Reporting Period (CNY) | Investment Amount in Prior Year Period (CNY) | Change Rate | | :--- | :--- | :--- | :--- | | Investment Amount | 80,467,556.32 | 21,315,565.63 | 277.51% | Significant Non-Equity Investments | Project Name | Investment Method | Is it Fixed Asset Investment | Industry Involved in Investment Project | Amount Invested in Current Period (CNY) | Cumulative Actual Investment Amount as of Period End (CNY) | Project Progress | Expected Return | Reasons for Not Meeting Planned Progress and Expected Returns | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Dongguan Feiliks Electronic Components Distribution Center Project | Self-built | Yes | Warehousing Industry | 59,790,639.40 | 170,579,673.28 | Under Construction | 15.00% | Under Construction | Financial Assets Measured at Fair Value | Asset Category | Amount at Period End (CNY) | Source of Funds | | :--- | :--- | :--- | | Funds | 271,790,833.37 | Own Funds | | Other (Wealth Management) | 38,701,414.65 | Own Funds for Wealth Management | | Total | 271,790,833.37 | -- | Derivative Investments (Hedging) | Derivative Investment Type | Amount at Period End (CNY ten thousand) | Proportion of Investment Amount to Company's Net Assets at Period End | | :--- | :--- | :--- | | Bank Forward Foreign Exchange Settlement and Sales | 2,138.04 | 1.26% | - The company's purpose in conducting foreign exchange derivative transactions is to smooth out the impact of exchange rate fluctuations as much as possible; moderately engaging in foreign exchange derivative transactions can enhance the company's ability to manage foreign exchange fluctuation risks, providing a certain hedging effect[49](index=49&type=chunk) [VII. Significant Asset and Equity Sales](index=24&type=section&id=%E4%B8%83%E3%80%81%E9%87%8D%E5%A4%A7%E8%B5%84%E4%BA%A7%E5%92%8C%E8%82%A1%E6%9D%83%E5%87%BA%E5%94%AE) During the reporting period, the company did not engage in any significant asset or equity sales - The company did not sell significant assets during the reporting period[54](index=54&type=chunk) - The company did not sell significant equity during the reporting period[55](index=55&type=chunk) [VIII. Analysis of Major Holding and Participating Companies](index=24&type=section&id=%E5%85%AB%E3%80%81%E4%B8%BB%E8%A6%81%E6%8E%A7%E8%82%A1%E5%8F%82%E8%82%A1%E5%85%AC%E5%8F%B8%E5%88%86%E6%9E%90) This section lists the financial information of the company's major holding subsidiaries and participating companies whose net profit impact exceeds **10%**, including total assets, net assets, operating revenue, and net profit, with the company establishing new subsidiaries and deregistering one, none of which had a significant impact on current period performance Major Holding and Participating Companies | Company Name | Company Type | Main Business | Registered Capital | Total Assets (CNY) | Net Assets (CNY) | Operating Revenue (CNY) | Operating Profit (CNY) | Net Profit (CNY) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Kunshan Feili Warehousing Services Co., Ltd. | Subsidiary | Comprehensive Logistics | 1.2283 million USD | 423,602,152.25 | 279,844,836.21 | 108,508,596.66 | 8,194,554.28 | 6,946,079.14 | | Feiliks Logistics (Shenzhen) Co., Ltd. | Subsidiary | International Freight Forwarding | 1.79 million USD | 184,079,031.93 | 66,348,762.79 | 97,614,946.05 | 10,692,983.80 | 8,003,588.50 | | Shanghai Feiliks International Logistics Co., Ltd. | Subsidiary | International Freight Forwarding | 100 million CNY | 724,216,045.69 | 182,776,255.00 | 1,009,993,051.02 | 14,107,116.96 | 10,706,351.13 | | Chongqing Feiliks Supply Chain Management Co., Ltd. | Subsidiary | Comprehensive Logistics | 60 million CNY | 111,829,821.63 | 92,483,712.20 | 52,337,271.80 | 3,591,774.13 | 3,000,633.82 | | Feiliks Logistics (Asia Pacific) Co., Ltd. | Subsidiary | Comprehensive Logistics | 1 million HKD | 93,832,236.69 | 26,528,784.54 | 58,480,307.05 | 4,525,330.97 | 3,921,032.57 | | Chongqing Rongying Supply Chain Management Co., Ltd. | Subsidiary | Comprehensive Logistics | 182.8985 million CNY | 171,731,952.05 | 149,433,221.21 | 1,906,694.36 | -5,398,408.12 | -5,399,759.11 | | Dongguan Feiliks Supply Chain Management Co., Ltd. | Subsidiary | Comprehensive Logistics | 10 million CNY | 205,885,896.79 | 59,154,528.00 | 62,742,547.90 | 3,725,449.69 | 2,790,732.43 | | Shanghai Feiliks Logistics Technology Co., Ltd. | Subsidiary | International Freight Forwarding | 5 million CNY | 45,294,958.81 | 35,048,270.64 | 68,625,107.74 | 9,187,961.07 | 6,893,890.46 | | Kunshan Lufeitong Air Logistics Co., Ltd. | Subsidiary | International Freight Forwarding | 5 million CNY | 6,802,798.84 | 5,879,784.55 | 509,890.30 | -2,637,976.12 | -2,642,860.40 | - During the reporting period, the company invested in and established Taicang Feiliks Supply Chain Management Co., Ltd., Jiangsu Feili Green Energy Transportation Co., Ltd., Feiliks Supply Chain Management (USA) Co., Ltd., Chongqing New Feiliks International Logistics Co., Ltd., and Feiliks International Holdings Co., Ltd., and deregistered Suzhou Haikeyun Supply Chain Management Co., Ltd., with no significant impact on current period performance[56](index=56&type=chunk) [IX. Structured Entities Controlled by the Company](index=25&type=section&id=%E4%B9%9D%E3%80%81%E5%85%AC%E5%8F%B8%E6%8E%A7%E5%88%B6%E7%9A%84%E7%BB%93%E6%9E%84%E5%8C%96%E4%B8%BB%E4%BD%93%E6%83%85%E5%86%B5) During the reporting period, the company had no structured entities under its control [X. Risks Faced by the Company and Countermeasures](index=25&type=section&id=%E5%8D%81%E3%80%81%E5%85%AC%E5%8F%B8%E9%9D%A2%E4%B8%B4%E7%9A%84%E9%A3%8E%E9%99%A9%E5%92%8C%E5%BA%94%E5%AF%B9%E6%8E%AA%E6%96%BD) The company faces risks from macroeconomic fluctuations, cross-industry development and new business expansion, management and operational challenges due to corporate expansion, policy changes, exchange rate volatility, and logistics information system R&D and operation, and actively responds by closely monitoring markets, strengthening industry research, improving management systems, expanding non-bonded business, entering into forward foreign exchange contracts, and enhancing information system management - The company faces macroeconomic fluctuation risks and will closely monitor market and policy changes, improve its risk prevention and control system, and enhance overall business efficiency[57](index=57&type=chunk)[58](index=58&type=chunk) - The company faces risks from cross-industry development and new business expansion, and will strengthen experience summarization, standardized product development, and make cautious decisions on new businesses[58](index=58&type=chunk) - The company faces management and operational risks due to corporate expansion and will improve its corporate governance structure and internal control system, while increasing efforts in talent acquisition and training[58](index=58&type=chunk) - The company faces policy risks and will continuously monitor changes in policies and regulations, accelerating the development of non-bonded business areas[58](index=58&type=chunk) - The company faces exchange rate risks and will enhance awareness of exchange rate risk prevention, mitigating risks by signing forward foreign exchange contracts or currency swap agreements[59](index=59&type=chunk) - The company faces risks in logistics information system R&D and operation and will further improve various information system management policies and strengthen risk awareness education for personnel[59](index=59&type=chunk) [XI. Registration Form for Research, Communication, Interview, and Other Activities During the Reporting Period](index=26&type=section&id=%E5%8D%81%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%8E%A5%E5%BE%85%E8%B0%83%E7%A0%94%E3%80%81%E6%B2%9F%E9%80%9A%E3%80%81%E9%87%87%E8%AE%BF%E7%AD%89%E6%B4%BB%E5%8A%A8%E7%99%BB%E8%AE%B0%E8%A1%A8) During the reporting period, the company hosted two investor relations activities: an on-site research visit by Shenwan Hongyuan and an online exchange for the 2023 annual performance briefing, with relevant content disclosed on Juchao Information Network Registration Form for Research, Communication, Interview, and Other Activities During the Reporting Period | Reception Date | Reception Location | Reception Method | Type of Recipient | Recipient | Main Topics Discussed and Materials Provided | Index of Basic Research Information | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | March 05, 2024 | Feiliks Shanghai Office | On-site Research | Institution | Shenwan Hongyuan | See Investor Relations Activity Record Form on Juchao Information Network | 《投资者关系活动记录表》（编号：2024-001）（巨潮资讯网 www.cninfo.com.cn） | | April 29, 2024 | All-View Network "Investor Relations Interactive Platform" | Online Platform Exchange | Individual | Investors Attending 2023 Annual Performance Briefing | See Investor Relations Activity Record Form on Juchao Information Network | 《投资者关系活动记录表》（编号：2024-002）（巨潮资讯网 www.cninfo.com.cn） | [XII. Implementation of 'Quality and Return Dual Enhancement' Action Plan](index=27&type=section&id=%E5%8D%81%E4%BA%8C%E3%80%81%E2%80%9C%E8%B4%A8%E9%87%8F%E5%9B%9E%E6%8A%A5%E5%8F%8C%E6%8F%90%E5%8D%87%E2%80%9D%E8%A1%8C%E5%8A%A8%E6%96%B9%E6%A1%88%E8%B4%AF%E5%BD%BB%E8%90%BD%E5%AE%9E%E6%83%85%E5%86%B5) The company has not disclosed an announcement regarding the 'Quality and Return Dual Enhancement' action plan Part IV Corporate Governance [I. Information on Annual and Extraordinary General Meetings Held During the Reporting Period](index=27&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%8F%AC%E5%BC%80%E7%9A%84%E5%B9%B4%E5%BA%A6%E8%82%A1%E4%B8%9C%E5%A4%A7%E4%BC%9A%E5%92%8C%E4%B8%B4%E6%97%B6%E8%82%A1%E4%B8%9C%E5%A4%A7%E4%BC%9A%E7%9A%84%E6%9C%89%E5%85%B3%E6%83%85%E5%86%B5) During the reporting period, the company held three shareholder meetings, including two extraordinary general meetings and one annual general meeting, with investor participation ranging from **33.81%** to **42.89%**, and all resolutions were disclosed as required Shareholder Meetings During the Reporting Period | Meeting Session | Meeting Type | Investor Participation Rate | Meeting Date | Disclosure Date | Meeting Resolution | | :--- | :--- | :--- | :--- | :--- | :--- | | First Extraordinary General Meeting of 2024 | Extraordinary General Meeting | 42.89% | January 02, 2024 | January 02, 2024 | Announcement No. 2024-001 (Juchao Information Network www.cninfo.com.cn) | | Second Extraordinary General Meeting of 2024 | Extraordinary General Meeting | 33.81% | February 02, 2024 | February 02, 2024 | Announcement No. 2024-013 (Juchao Information Network www.cninfo.com.cn) | | 2023 Annual General Meeting | Annual General Meeting | 42.89% | May 17, 2024 | May 17, 2024 | Announcement No. 2024-051 (Juchao Information Network www.cninfo.com.cn) | [II. Changes in Directors, Supervisors, and Senior Management](index=27&type=section&id=%E4%BA%8C%E3%80%81%E5%85%AC%E5%8F%B8%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, Tong Shaobo, Vice President and Board Secretary, resigned from his position on May 20, 2024 Changes in Company Directors, Supervisors, and Senior Management | Name | Position Held | Type | Date | Reason | | :--- | :--- | :--- | :--- | :--- | | Tong Shaobo | Vice President, Board Secretary | Resignation | May 20, 2024 | Resignation | [III. Profit Distribution and Capital Reserve Conversion to Share Capital During the Reporting Period](index=27&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E5%8F%8A%E8%B5%84%E6%9C%AC%E5%85%AC%E7%A7%AF%E9%87%91%E8%BD%AC%E5%A2%9E%E8%82%A1%E6%9C%AC%E6%83%85%E5%86%B5) The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period[64](index=64&type=chunk) [IV. Implementation of Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=28&type=section&id=%E5%9B%9B%E3%80%81%E5%85%AC%E5%8F%B8%E8%82%A1%E6%9D%83%E6%BF%80%E5%8A%B1%E8%AE%A1%E5%88%92%E3%80%81%E5%91%98%E5%B7%A5%E6%8C%81%E8%82%A1%E8%AE%A1%E5%88%92%E6%88%96%E5%85%B6%E4%BB%96%E5%91%98%E5%B7%A5%E6%BF%80%E5%8A%B1%E6%8E%AA%E6%96%BD%E7%9A%84%E5%AE%9E%E6%96%BD%E6%83%85%E5%86%B5) The company continues to implement its 2019 stock option incentive plan, having adjusted the exercise price and completed the cancellation and exercise registration of some stock options during the reporting period, while the third batch of shares under the company's first employee stock ownership plan, totaling **2,632,627** shares, could not be vested due to unmet performance targets - The company implemented a stock option incentive plan in **2019**, aiming to establish a sound long-term incentive mechanism to attract and retain outstanding talent[65](index=65&type=chunk) - On July 5, 2024, the company held the ninth meeting of the sixth board of directors and the ninth meeting of the sixth supervisory board, which approved the 'Proposal on Adjusting the Exercise Price of the 2019 Stock Option Incentive Plan,' adjusting the exercise price from **CNY 6.52/share** to **CNY 6.505/share**[67](index=67&type=chunk) Status of All Effective Employee Stock Ownership Plans During the Reporting Period | Scope of Employees | Number of Employees | Total Shares Held (shares) | Proportion of Total Share Capital of Listed Company | Funding Source for the Plan | | :--- | :--- | :--- | :--- | :--- | | Some directors, supervisors, senior management, and core backbone employees of the company or its controlled subsidiaries | 143 | 8,775,425 | 2.38% | Feiliks A-shares repurchased by the company's dedicated repurchase account | - On April 23, 2024, the company disclosed the 'Announcement on the Vesting Arrangement for the Third Batch of Shares under the First Employee Stock Ownership Plan,' stating that the company's performance targets for the third batch of shares under the first employee stock ownership plan were not met, resulting in **2,632,627 shares** not being vested[70](index=70&type=chunk) Part V Environmental and Social Responsibility [I. Significant Environmental Issues](index=30&type=section&id=%E4%B8%80%E3%80%81%E9%87%8D%E5%A4%A7%E7%8E%AF%E4%BF%9D%E9%97%AE%E9%A2%98%E6%83%85%E5%86%B5) The company and its subsidiaries are not classified as key polluting units and received no administrative penalties for environmental issues during the reporting period, actively promoting green and low-carbon initiatives, including continuous carbon emission measurement, strengthening green and low-carbon organization, piloting the procurement of light electric trucks, installing solar photovoltaic systems, planning green buildings, and advancing low-carbon digital management - The company and its subsidiaries are not classified as key polluting units by environmental protection authorities[71](index=71&type=chunk) - During the reporting period, there were no instances of penalties for violating environmental protection laws and regulations[71](index=71&type=chunk) - The company conducted ISO14064-1 carbon verification and continuously monitors and measures organizational carbon emissions[71](index=71&type=chunk) - The company is piloting the procurement of light electric trucks to promote green and low-carbon transportation; it is also accelerating the installation of solar photovoltaic systems in warehouse areas and evaluating the adoption of new intelligent energy-saving lighting to reduce energy consumption and practice green warehousing[72](index=72&type=chunk) [II. Social Responsibility](index=31&type=section&id=%E4%BA%8C%E3%80%81%E7%A4%BE%E4%BC%9A%E8%B4%A3%E4%BB%BB%E6%83%85%E5%86%B5) The company fulfills its social responsibilities comprehensively by improving corporate governance, prioritizing employee rights protection, emphasizing investor relations management, and actively participating in social welfare initiatives, including donations to environmental foundations and Tibetan aid work groups, and contributions of clothing and books to charitable organizations - The company strictly adheres to legal and regulatory requirements, establishing a relatively comprehensive corporate governance structure and internal control system, which provides robust institutional guarantees for its standardized operations[72](index=72&type=chunk) - The company strictly complies with labor laws and regulations, legally signs labor contracts with employees, provides social insurance and housing provident funds, and offers a healthy and secure working environment[73](index=73&type=chunk) - The company values investor relations management, actively engaging with investors through various channels to enhance their understanding of the company[73](index=73&type=chunk) - On May 8, 2024, the company donated **100,000 CNY** to the Beijing Entrepreneurs Environmental Protection Foundation 'SEE Foundation' for the 'One Hundred Million Haloxylon Trees' project[73](index=73&type=chunk) - On June 26, 2024, a donation of **200,000 CNY** was made to the Suzhou Aid-Tibet Work Group to support their work in Linzhou County[73](index=73&type=chunk) Part VI Significant Events [I. Commitments Fulfilled During the Reporting Period and Overdue Unfulfilled Commitments by Actual Controllers, Shareholders, Related Parties, Acquirers, and the Company](index=32&type=section&id=%E4%B8%80%E3%80%81%E5%85%AC%E5%8F%B8%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E3%80%81%E8%82%A1%E4%B8%9C%E3%80%81%E5%85%B3%E8%81%94%E6%96%B9%E3%80%81%E6%94%B6%E8%B4%AD%E4%BA%BA%E4%BB%A5%E5%8F%8A%E5%85%AC%E5%8F%B8%E7%AD%89%E6%89%BF%E8%AF%BA%E7%9B%B8%E5%85%B3%E6%96%B9%E5%9C%A8%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E5%8F%8A%E6%88%AA%E8%87%B3%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E8%B6%85%E6%9C%9F%E6%9C%AA%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E7%9A%84%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) The commitments made by the company's directors, senior management, controlling shareholders, and actual controllers regarding the dilution of immediate returns and compensatory measures for the 2023 simplified procedure private placement of shares were fulfilled on May 14, 2024, as the company applied to withdraw its share issuance application to the Shenzhen Stock Exchange - The commitments made by the company's directors, senior management, controlling shareholders, and actual controllers regarding the dilution of immediate returns and compensatory measures for the 2023 simplified procedure private placement of shares have been fulfilled[74](index=74&type=chunk) - The reason for the fulfillment of the commitments is that the company's application for a simplified procedure private placement of shares was withdrawn from the Shenzhen Stock Exchange on May 14, 2024[74](index=74&type=chunk) [II. Non-Operating Funds Occupied by Controlling Shareholders and Other Related Parties from the Listed Company](index=33&type=section&id=%E4%BA%8C%E3%80%81%E6%8E%A7%E8%82%A1%E8%82%A1%E4%B8%9C%E5%8F%8A%E5%85%B6%E4%BB%96%E5%85%B3%E8%81%94%E6%96%B9%E5%AF%B9%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8%E7%9A%84%E9%9D%9E%E7%BB%8F%E8%90%A5%E6%80%A7%E5%8D%A0%E7%94%A8%E8%B5%84%E9%87%91%E6%83%85%E5%86%B5) During the reporting period, there were no instances of non-operating funds being occupied by controlling shareholders or other related parties from the listed company - During the reporting period, there were no instances of non-operating funds being occupied by controlling shareholders or other related parties from the listed company[75](index=75&type=chunk) [III. Irregular External Guarantees](index=33&type=section&id=%E4%B8%89%E3%80%81%E8%BF%9D%E8%A7%84%E5%AF%B9%E5%A4%96%E6%8B%85%E4%BF%9D%E6%83%85%E5%86%B5) During the reporting period, the company had no irregular external guarantees - The company had no irregular external guarantees during the reporting period[75](index=75&type=chunk) [IV. Appointment and Dismissal of Accounting Firms](index=33&type=section&id=%E5%9B%9B%E3%80%81%E8%81%98%E4%BB%BB%E3%80%81%E8%A7%A3%E8%81%98%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%83%85%E5%86%B5) The company's semi-annual report was not audited - The company's semi-annual report was not audited[75](index=75&type=chunk) [V. Board of Directors' and Supervisory Board's Explanation on 'Non-Standard Audit Report' for the Current Period](index=33&type=section&id=%E4%BA%94%E3%80%81%E8%91%A3%E4%BA%8B%E4%BC%9A%E3%80%81%E7%9B%91%E4%BA%8B%E4%BC%9A%E5%AF%B9%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%9C%AC%E6%8A%A5%E5%91%8A%E6%9C%9F%E2%80%9C%E9%9D%9E%E6%A0%87%E5%87%86%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A%E2%80%9D%E7%9A%84%E8%AF%B4%E6%98%8E) The company had no non-standard audit report during the reporting period, thus no explanation from the board of directors or supervisory board is required [VI. Board of Directors' Explanation on 'Non-Standard Audit Report' for the Prior Year](index=33&type=section&id=%E5%85%AD%E3%80%81%E8%91%A3%E4%BA%8B%E4%BC%9A%E5%AF%B9%E4%B8%8A%E5%B9%B4%E5%BA%A6%E2%80%9C%E9%9D%9E%E6%A0%87%E5%87%86%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A%E2%80%9D%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5%E7%9A%84%E8%AF%B4%E6%98%8E) The company had no non-standard audit report during the reporting period, thus no explanation from the board of directors regarding the prior year's non-standard audit report is required [VII. Bankruptcy and Reorganization Matters](index=33&type=section&id=%E4%B8%83%E3%80%81%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%E7%9B%B8%E5%85%B3%E4%BA%8B%E9%A1%B9) During the reporting period, the company did not experience any bankruptcy or reorganization matters - The company did not experience any bankruptcy or reorganization matters during the reporting period[75](index=75&type=chunk) [VIII. Litigation Matters](index=33&type=section&id=%E5%85%AB%E3%80%81%E8%AF%89%E8%AE%BC%E4%BA%8B%E9%A1%B9) During the reporting period, the company had no significant litigation or arbitration matters, with **19** other litigation and arbitration cases where the company was the plaintiff, totaling **27.52 million CNY**, primarily involving contract and labor disputes arising from daily operations - The company had no significant litigation or arbitration matters during the current reporting period[76](index=76&type=chunk) - During the reporting period, the company did not meet the disclosure threshold for significant litigation or arbitration; in other litigation and arbitration cases, the company was the plaintiff in **19** cases, totaling **27.52 million CNY**[76](index=76&type=chunk) [IX. Penalties and Rectification](index=34&type=section&id=%E4%B9%9D%E3%80%81%E5%A4%84%E7%BD%9A%E5%8F%8A%E6%95%B4%E6%94%B9%E6%83%85%E5%86%B5) The company received an administrative regulatory measure of rectification from the Jiangsu Securities Regulatory Bureau due to inaccurate information disclosure in its 2023 annual report, and relevant personnel including the Chairman, President, then-Board Secretary, and CFO were issued warning letters and recorded in the securities and futures market integrity file Penalties and Rectification | Name | Type | Reason | Type of Investigation and Penalty | Conclusion (if any) | Disclosure Date | Disclosure Index | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Company | Other | Inaccurate information disclosure in the company's 2023 annual report | Other | Administrative regulatory measure of rectification imposed on the company; warning letters issued to Chairman Yao Qin, Vice Chairman and President Geng Hao, then-Board Secretary Tong Shaobo, and CFO Li Lei, and recorded

公司副董事长、总裁耿昊先生保证向本公司提供的信息内容真实、准确、完 整，没有虚假记载、误导性陈述或者重大遗漏。 证券代码：300240 证券简称：飞 力 达 公告编号：2024-068 江苏飞力达国际物流股份有限公司 关于董事、高管增持公司股份计划实施完毕的公告 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 1、江苏飞力达国际物流股份有限公司（以下简称"公司"）于 2024 年 2 月 6日披露了《关于公司董事、高管增持公司股份计划的公告》(公告编号：2024-014)， 公司副董事长、总裁耿昊先生自 2024 年 2 月 6 日起 6 个月内以自有资金通过深 圳证券交易所交易系统集中竞价方式增持股份，增持公司股票数量不少于 50 万 股，不高于 100 万股。 2、公司于 2024 年 5 月 6 日披露了《关于董事、高管增持公司股份计划时间 过半的进展公告》（公告编号：2024-049）。上述公告对本次增持计划实施进展情 况做了说明。 3、公司于近日收到耿昊先生的《关于增持公司股份计划实施完毕的告知函》： 截至本公告披露日，本次增持计划已实施完毕，耿昊先生通过集中竞价 ...

证券代码：300240 证券简称：飞 力 达 公告编号：2024-067 江苏飞力达国际物流股份有限公司 关于为控股子公司提供担保的进展公告 重要内容提示： 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、担保情况概述 江苏飞力达国际物流股份有限公司（以下简称"公司"）分别于 2024 年 4 月 19 日和 2024 年 5 月 17 日召开第六届董事会第八次会议及 2023 年度股东大会，审 议通过了《关于为公司合并报表范围内全资子公司、控股子公司提供担保额度的 议案》，同意公司为 2024 年度合并报表范围内全资、控股子公司提供非融资性担 保，非融资性担保指不直接与货币资金有关的经济担保活动，主要包括项目履约 等业务的担保等，主要为关税保付保函、履约保函、投标保函等业务的担保，担 保总额度不超过人民币 22,000 万元。其中，公司为资产负债率为 70%以上的子公 司提供担保的额度为人民币 15,000 万元，公司为资产负债率低于 70%的子公司提 供担保的额度为人民币 7,000 万元。担保额度有效期自公司 2023 年度股东大会审 议通过之日起至公司 ...

证券代码：300240 证券简称：飞 力 达 公告编号：2024-066 江苏飞力达国际物流股份有限公司 关于全资子公司向金融机构申请项目贷款提供抵押担保并由 公司提供担保的进展公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、担保情况概述 江苏飞力达国际物流股份有限公司（以下简称"公司"）分别于2024年7月5 日和2024年7月22日召开第六届董事会第九次会议及2024年第三次临时股东大会， 审议通过了《关于全资子公司向金融机构申请项目贷款提供抵押担保并由公司提 供担保的公告》（公告编号：2024-061），同意公司全资子公司东莞同芯聚联供 应链投资有限公司（以下简称"东莞同芯"）因投资建设"东莞飞力达电子元器 件集散中心项目"需要，向东莞银行股份有限公司东莞分行（以下简称"东莞银 行"）申请办理总额不超过人民币29,800万元的项目贷款，项目贷款期限不超过4 年（含4年）。为保障东莞同芯资金需求及业务顺利开展，公司为东莞同芯此次项 目贷款提供连带责任担保，并以东莞同芯的土地使用权为抵押。公司股东大会授 权公司法定代表人或法定代表人指定的授权代理人在上述 ...

证券代码：300240 证券简称：飞力达 编号：2024-065 一、股票交易异常波动的具体情况 关于股票交易异常波动的公告 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。 江苏飞力达国际物流股份有限公司（以下简称"公司"）股票交易价格连 续两个交易日（2024 年 7 月 22 日、2024 年 7 月 23 日）收盘价格涨幅偏离值累 计超过 30%，根据《深圳证券交易所交易规则》的有关规定，以上情形属于股票 交易异常波动的情况。 二、公司关注并核实情况说明 江苏飞力达国际物流股份有限公司 针对公司股票交易异常波动情况，公司董事会通过自查及电话、书面询问等 方式，对公司控股股东、实际控制人就相关问题进行了核实，现就相关情况说明 如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道过可能或者已经对公司股票交易价格产生 较大影响的未公开重大信息； 1、经自查，公司不存在违反信息公平披露的情形； 2、本公司将严格按照有关法律法规的规定和要求，认真履行信息披露义务， 及时做好信息披露工作； 3、近期公司经营情况及内外部经营环境不存 ...

江苏飞力达国际物流股份有限公司 2024年第三次临时股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 重要提示： 1、本次股东大会无增加、变更、否决议案的情况，本次股东大会未涉及变更以 往股东大会已通过的决议； 2、本次股东大会以现场投票、网络投票相结合的方式召开； 证券代码：300240 证券简称：飞力达 编号：2024-064 3、为尊重中小投资者利益，提高中小投资者对公司股东大会决议的参与度，公 司将对中小投资者（即除公司董事、监事、高级管理人员以及单独或者合计持有公 司5%以上股份的股东以外的其他股东）的投票表决情况单独统计。 一、股东大会召开及出席情况 1、会议通知情况 公司董事会于2024年7月6日以公告方式向全体股东发出《江苏飞力达国际物流股 份有限公司关于召开2024年第三次临时股东大会的通知》。 2、召开和出席情况 公司2024年第三次临时股东大会于2024年7月22日（星期一）下午14:00在昆山经 济技术开发区玫瑰路999号江苏飞力达国际物流股份有限公司六楼会议室召开。 本次股东大会采取现场投票与网络投票相结合的方式召开，现场会 ...

江苏王建华律师事务所 JiangsuWangjianhuaLawfirm 法律意见书 江苏王建华律师事务所 关于江苏飞力达国际物流股份有限公司 召开 2024 年第三次临时股东大会之 法 律 意 见 书 致：江苏飞力达国际物流股份有限公司 江苏王建华律师事务所（以下简称"本所"）接受江苏飞力达国际物流股份有 限公司（以下简称"公司"）的委托，指派本所律师王建华、季峰峰出席公司 2024 年第三次临时股东大会（以下称"本次股东大会"）。本所律师根据《中华人民共 和国公司法》（以下简称《公司法》）、中国证监会《上市公司股东大会议事规则》 （以下简称《股东大会规则》）、《深圳证券交易所股票上市规则》（以下简称 《股票上市规则》）、《深圳证券交易所上市公司自律监管指引第 2 号-创业板上 市公司规范运作》和《江苏飞力达国际物流股份有限公司章程》（以下简称《公司 章程》）的相关规定，就公司本次股东大会的召集与召开程序、出席会议人员与召 集人的资格、表决程序和结果等事宜的合法性、有效性进行见证并出具法律意见。 公司保证和承诺其已经向本所律师提供了为出具本法律意见书所必需的、真 实的原始书面材料、电子邮件。有关副本材料、复 ...

证券代码：300240 证券简称：飞 力 达 公告编号：2024-063 江苏飞力达国际物流股份有限公司 关于为全资子公司提供担保的进展公告 重要内容提示： 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、担保情况概述 (2).担保金额：保证责任最高限额人民币 100 万元。 (3).担保内容：受益人东莞港百兴国际物流有限公司（以下简称"东莞港百兴"） 与东莞飞力达签订了编号为 BX-2023-WH004 的百兴物流中心仓库租赁合同，建行 昆山分行就东莞飞力达履行上述合同约定的义务向受益人提供保证责任，在保函 有效期内，建行昆山分行将在收到东莞港百兴提交的保函原件及符合条件的书面 单据后壹拾个工作日内，以上述保证金额为限支付索赔金额。 (4).保函期限：2024 年 7 月 17 日起至 2025 年 12 月 31 日止。 四、累计对外担保数量及逾期担保的数量 截至本公告披露日，公司累计实际对外非融资性担保余额为 10,170.55 万元， 全部为对子公司的担保。其中，为资产负债率为 70%以上的子公司提供的担保余 额为 5,305.26 万元；为资产负债率低 ...

本公司及监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。 一、监事会会议召开情况 江苏飞力达国际物流股份有限公司（以下简称"公司"）第六届监事会第九 次会议通知已于 2024 年 6 月 28 日以书面、传真和邮件的形式发出，2024 年 7 月 5 日通过现场结合通讯表决的方式召开。本次会议应出席监事 3 人，实际出席 监事 3 人（监事会主席冯国凯先生、监事郭秀君女士以通讯的方式出席会议）。 本次会议由监事会主席冯国凯先生主持，监事郭秀君女士、于玉兰女士出席了本 次会议，符合《中华人民共和国公司法》、《江苏飞力达国际物流股份有限公司章 程》（以下简称《公司章程》）和《江苏飞力达国际物流股份有限公司监事会议事 规则》的相关规定。 证券代码：300240 证券简称：飞 力 达 公告编号：2024-057 江苏飞力达国际物流股份有限公司 第六届监事会第九次会议决议公告 全体监事对会议议案进行了认真审议，通过以下议案： 1、审议通过了《关于调整2019年股票期权激励计划行权价格的议案》 经审核，监事会认为：本次对公司2019年股票期权激励计划行权价格的调整 符合《上市公司股 ...

江苏飞力达国际物流股份有限公司（以下简称"公司"）第六届董事会第九 次会议通知已于2024年6月28日以书面、传真和邮件的形式发出。2024年7月5日 通过现场结合通讯表决的方式召开。本次会议应出席董事8人，实际出席董事8 人（其中副董事长吴有毅先生、独立董事蒋德权先生、赵先德先生以通讯的方式 出席会议）。本次会议由董事长姚勤先生主持，公司监事及部分高级管理人员列 席了会议，符合《中华人民共和国公司法》（以下简称《公司法》）、《江苏飞 力达国际物流股份有限公司章程》（以下简称《公司章程》）及《江苏飞力达国 际物流股份有限公司董事会议事规则》的相关规定。 二、董事会会议审议情况 证券代码：300240 证券简称：飞 力 达 公告编号：2024-056 江苏飞力达国际物流股份有限公司 第六届董事会第九次会议决议公告 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。 一、董事会会议召开情况 出席会议的董事认真审议并通过以下议案： 1、审议通过了《关于补选第六届董事会非独立董事的议案》 根据《公司法》和《公司章程》等有关法律法规及规章制度的规定，经征询 股东意见，由昆山 ...