个性化、定制化的物流服务,是现代企业物流需求的核心。公司针对不同客户,在收集、分析、转化实时 物流信息的基础上,为客户设计整体物流解决方案,提供物流功能模块和社会物流资源的集成式服务,提高 物流管理效率、降低经营成本。同时,在为客户提供高效仓储、快速安全运输、精准配送、整体物流方 案策划、物流咨询、冷链物流等物流服务以外,还针对企业需求,为客户提供条码管理、补货、包装、库 存分析等多项增值服务。这些服务的实施,为客户快速反应、节约成本提供了可靠的保证,在有限的时间 内赢得无限的商机! 本文源自：金融界 作者：行情君 6月25日，昊鑫控股(HXHX)盘中上涨5.31%，截至21:45，报1.632美元/股，成交1.28万美元，总市值 2244.41万美元。 财务数据显示，截至2024年12月31日，昊鑫控股收入总额2557.18万美元，同比减少4.1%；归母净利润 317.37万美元，同比减少20.05%。 资料显示，昊鑫控股有限公司自2009年以来,一直从事物流行业,包括集装箱、货代、冷链运输等业务。 公司2013年开始全力扩大规模转战冷链物流行业,目标是打造一支中国长三角地区最强大的冷链物流运 输巨头。公司 ...

Group 1: Company Overview - Haoxin Holdings (HXHX) experienced a 4.7% increase in stock price, reaching $1.56 per share, with a total market capitalization of $21.45 million as of June 17 [1] - As of December 31, 2024, Haoxin Holdings reported total revenue of $25.57 million, a year-on-year decrease of 4.1%, and a net profit attributable to shareholders of $3.17 million, down 20.05% year-on-year [1] - Established in 2009, Haoxin Holdings operates in the logistics industry, focusing on container shipping, freight forwarding, and cold chain transportation [1] Group 2: Business Strategy and Market Position - Since 2013, the company has been expanding into the cold chain logistics sector, aiming to become the leading cold chain logistics provider in the Yangtze River Delta region of China [1] - The company's primary market operations are centered around Ningbo-Zhoushan Port, extending to major distribution centers in Shanghai, Guangzhou, Shenzhen, Hangzhou, Yantai, and Guangxi [1] - The cold chain transportation industry in China is still in its infancy, with a market share less than one-tenth of that in Europe and the U.S., presenting significant growth opportunities for Haoxin [1] Group 3: Technological Advancements and Services - The company has implemented a state-of-the-art logistics management system to verify pricing with clients and enhance vehicle dispatch efficiency [2] - A full satellite positioning system has been introduced to monitor vehicle locations and driving speeds, ensuring safety and timely transportation [2] - Haoxin provides personalized and customized logistics services, designing comprehensive logistics solutions based on real-time information analysis to improve management efficiency and reduce operational costs [2]

5月27日，昊鑫控股(HXHX)盘中上涨7.35%，截至22:23，报1.46美元/股，成交4.65万美元，总市值 2007.50万美元。 财务数据显示，截至2024年12月31日，昊鑫控股收入总额2557.18万美元，同比减少4.1%；归母净利润 317.37万美元，同比减少20.05%。 本文源自：金融界 作者：行情君 资料显示，昊鑫控股有限公司自2009年以来,一直从事物流行业,包括集装箱、货代、冷链运输等业务。 公司2013年开始全力扩大规模转战冷链物流行业,目标是打造一支中国长三角地区最强大的冷链物流运 输巨头。公司主要市场业务范围以宁波舟山港为中心,辐射上海、广州、深圳、杭州、烟台、广西友谊 关等全国各大集散中心。涉及货物种类有:各类需要低温、保温、恒温的新能源材料、电子产品、药 品、肉类、水果蔬菜等。目前中国冷链运输行业相对于欧美还处于萌芽阶段,市场占有率不到国外的十 分之一。世界级新能源项目也正处于起始阶段,昊鑫目前是新能源材料恒温运输的龙头企业,公司未来业 绩有望迎来爆发式增长。 公司引进最新的物流管理系统,以便与客户核对运价,提高车辆调度效率,同时引进全程卫星定位系统,时刻 关注车辆位置及 ...

Company Operations - The company operates a truckload fleet consisting of 82 tractors, 87 trailers, and 44 vans, with no assets under finance lease[23]. - The company has experienced steady growth in its business, focusing on factory logistics including electronic devices, chemicals, and food[22]. - The company serves merchants in the retail industry in China, focusing on integrated supply chain solutions to meet the demand for faster delivery and shorter inventory cycles[218]. - The company is dependent on third-party suppliers, and any adverse changes in relationships with these suppliers could materially affect its business and financial results[216]. Market Strategy - The company aims to capture additional market share in the underrepresented transportation industry in China, leveraging 21 years of experience[24]. - The company plans to use future earnings for research and development, new product development, and operational expansion[44]. - The company faces competitive pressures in the domestic truckload delivery market, which may adversely affect its market share and financial condition[210]. Financial Structure and Dividends - As of January 19, 2023, the company issued a total of 12,000,000 ordinary shares, including 7,200,000 Class A and 4,800,000 Class B shares[29]. - The company does not anticipate declaring or paying any dividends in the foreseeable future, intending to retain earnings for business operations and expansion[37]. - The company's ability to pay dividends may be restricted, relying on dividends from PRC subsidiaries, which may face currency exchange limitations[72]. - The company currently does not have plans to declare and pay dividends to its Hong Kong holding company, Haoxin HK, and has not applied for a tax resident certificate to potentially benefit from a lower withholding tax rate[208]. Regulatory Environment - The company has not received or been denied permissions from PRC authorities to operate its business as of the report date[45]. - The PRC government may intervene in operations, which could materially affect the company's business and financial condition[59]. - The PRC government continues to exert significant control over the economy, impacting capital investments and tax regulations, which may adversely affect the company's financial condition and operations[103]. - Recent regulatory changes in China, including the Overseas Listing Trial Measures, may impose additional compliance requirements for overseas listings[80]. Compliance and Legal Risks - The company is not required to submit an application to the CSRC for approval of future offerings and trading of its Class A ordinary shares on Nasdaq under the M&A Rules[46]. - The company has not received any inquiries or sanctions from the CSRC or other PRC authorities regarding future offshore offerings[57]. - The company may face various PRC laws and regulations regarding privacy, data security, and cybersecurity, which could lead to liabilities for improper use of personal information[67]. - The interpretation of existing laws and potential new regulations may create substantial uncertainties regarding the legality of foreign investments in internet businesses[178]. Taxation and Financial Implications - The PRC government imposes a 10% withholding tax on dividends payable by Chinese companies to non-PRC-resident enterprises, which may affect the company's ability to distribute earnings[117]. - A withholding tax rate of 10% applies to dividends from PRC subsidiaries to foreign investors, which may be reduced to 5% under certain conditions[158]. - The company relies on dividends, loans, and other distributions from its PRC subsidiaries to meet cash and financing requirements, which could be adversely affected by limitations on these payments[129]. Auditor and Financial Reporting - The company's current auditor, Marcum Asia, is subject to PCAOB inspections and is headquartered in Manhattan, New York[63]. - Recent developments create uncertainty regarding the auditor's ability to cooperate with PCAOB requests due to potential restrictions from Chinese authorities[64]. - The lack of PCAOB inspections in China could lead to a loss of investor confidence in the company's financial statements[199]. Economic and Trade Conditions - Changes in China's economic, political, or social conditions could materially affect the company's business and results of operations[67]. - The U.S. has imposed tariffs on $250 billion worth of Chinese products, with an additional $325 billion threatened, impacting costs and market access for the company[179]. - The company faces potential increases in export costs to the U.S. market and reduced demand from U.S. customers due to higher prices resulting from tariffs[185]. - The company is monitoring evolving trade policies and exploring strategies to diversify its customer base and adjust its supply chain to mitigate risks[184].

Group 1: Company Overview - Haoxin Holdings (HXHX) experienced a 3.8% increase in stock price, reaching $1.91 per share, with a total market capitalization of $26.26 million as of April 29 [1] - As of June 30, 2022, Haoxin Holdings reported total revenue of $11.81 million, a year-on-year increase of 13.26%, while net profit attributable to shareholders was $1.39 million, a decrease of 12.63% [1] - Established in 2009, Haoxin Holdings operates in the logistics industry, focusing on container shipping, freight forwarding, and cold chain transportation [1] Group 2: Business Strategy and Market Position - Since 2013, the company has been expanding its operations in the cold chain logistics sector, aiming to become a leading cold chain logistics provider in the Yangtze River Delta region of China [1] - The company's primary market operations are centered around Ningbo-Zhoushan Port, extending to major distribution centers in Shanghai, Guangzhou, Shenzhen, Hangzhou, Yantai, and Guangxi [1] - The cold chain transportation industry in China is still in its infancy, with a market share less than one-tenth of that in Europe and the U.S., presenting significant growth opportunities for Haoxin [1] Group 3: Technological Advancements and Services - The company has implemented a state-of-the-art logistics management system to verify pricing with clients and enhance vehicle dispatch efficiency [2] - A full satellite positioning system has been introduced to monitor vehicle locations and driving speeds, ensuring safety and timely transportation [2] - Haoxin Holdings offers personalized and customized logistics services, designing comprehensive logistics solutions based on real-time information analysis to improve management efficiency and reduce operational costs [2]

Core Viewpoint - The cold chain logistics industry is experiencing significant growth driven by increasing consumer awareness of food safety and supportive government policies, yet Haoxin Holdings (HXHX.US) is facing challenges in the capital market with declining performance since its IPO [1][9]. Industry Overview - The cold chain logistics market is expected to expand significantly, with the market size projected to reach 747 billion yuan by 2028 due to policy support and increasing demand for temperature-controlled transport services [6]. - The road freight market in China has shown strong growth, with the market size increasing from 5.2 trillion yuan in 2017 to 7.4 trillion yuan in 2023, and is expected to reach 11.8 trillion yuan by 2028 [8]. Company Performance - Haoxin Holdings reported a revenue of 26.66 million USD in 2023 and 9.33 million USD in the first half of 2024, reflecting a year-on-year decline of 7.9% and 9.3% respectively [2]. - The net profit for the same periods was 3.97 million USD and 1.22 million USD, showing a decline of 7.4% and 7.5% respectively [2]. - The company’s revenue primarily comes from the East China and South China regions, contributing over 70% of total revenue, with temperature-controlled truck services accounting for approximately 88.2% of sales [3]. Business Strategy - Haoxin Holdings is focusing on a "small but beautiful" strategy, aiming to concentrate on high-margin businesses while reducing lower-margin city delivery services, which has led to a significant drop in delivery frequency [5]. - The company is undergoing a transformation phase, which has resulted in a decline in performance, but it is preparing for future growth through fleet expansion, strategic acquisitions, and system upgrades [8][9]. Market Position - Despite the promising industry outlook, Haoxin Holdings is facing challenges such as a lack of major clients and limited brand influence, with its top three customers accounting for 37% and 25.2% of revenue in the first halves of 2023 and 2024 respectively [8]. - The company’s operational independence and reliance on a concentrated customer base pose risks to its long-term growth potential [8].

Company Overview - Haoxin Holdings Limited is a provider of temperature-controlled truckload service and urban delivery services in China, focusing on factory logistics including electronic devices, chemicals, fruit, food, and commercial goods [6] - The transportation network of the company covers 30 out of the 34 provinces and autonomous regions in China [6] Initial Public Offering (IPO) Details - The company announced the closing of its initial public offering of 1,750,000 Class A ordinary shares at a public offering price of $4 per share, with gross proceeds of $7 million before expenses [1][2] - The Class A ordinary shares began trading on Nasdaq Capital Market under the ticker symbol "HXHX" on April 15, 2025 [1] - The underwriters have an option to purchase up to an additional 262,500 Class A ordinary shares within 45 days from the underwriting agreement [2] Underwriters and Legal Counsel - Craft Capital Management LLC and WestPark Capital, Inc. acted as the representatives for the offering, while Ortoli Rosenstadt LLP served as counsel to the company [3]

Group 1 - The core viewpoint of the articles highlights the significant growth potential of Haoxin Holdings in the cold chain logistics sector, particularly in the context of China's emerging market compared to developed countries [1][2] - As of April 16, Haoxin Holdings' stock price increased by 30.75%, reaching $5.23 per share, with a total market capitalization of $71.91 million [1] - Financial data shows that for the period ending June 30, 2022, Haoxin Holdings reported total revenue of $11.81 million, a year-on-year increase of 13.26%, while net profit attributable to shareholders was $1.39 million, a decrease of 12.63% [1] Group 2 - The company has introduced advanced logistics management systems to enhance pricing verification and vehicle dispatch efficiency, along with a satellite positioning system for real-time monitoring of vehicle locations and safety [2] - Emphasizing personalized and customized logistics services, the company designs comprehensive logistics solutions based on real-time information analysis, improving management efficiency and reducing operational costs [2] - Additional value-added services provided by the company include barcode management, replenishment, packaging, and inventory analysis, which support clients in responding quickly and saving costs [2]

Core Viewpoint - Haoxin Holdings Limited is pricing its initial public offering (IPO) of 1,750,000 Class A ordinary shares at $4.00 per share, aiming for total gross proceeds of $7 million before expenses [1][2]. Group 1: Offering Details - The IPO is being conducted on a firm commitment basis and is expected to close on April 16, 2025, subject to customary closing conditions [2]. - Underwriters have an option to purchase an additional 262,500 Class A ordinary shares within 45 days at the public offering price [2]. Group 2: Use of Proceeds - Proceeds from the IPO will be allocated for the purchase of new vehicles, acquisitions and business alliances, IT systems upgrades, and general working capital [3]. Group 3: Company Overview - Haoxin Holdings Limited provides temperature-controlled truckload services and urban delivery services in China, focusing on factory logistics for various goods including electronic devices, chemicals, and food [6]. - The company's transportation network covers 30 out of 34 provinces and autonomous regions in China [6].