东航物流获中邮保险8.69亿举牌 跨境电商主营收入59.2亿占24.6%

Core Viewpoint - Insurance capital is actively entering the market, with China Post Life Insurance acquiring a 5% stake in Eastern Airlines Logistics, reflecting a broader trend of insurance companies increasing their market presence due to supportive policies [1][5]. Company Overview - Eastern Airlines Logistics is a key player in the aviation logistics sector under the Eastern Airlines Group, benefiting from the growth of cross-border e-commerce and increasing international air logistics demand [1][8]. - In 2024, Eastern Airlines Logistics reported a revenue of 24.056 billion yuan, a year-on-year increase of 16.66%, and a net profit of 2.688 billion yuan, up 8.01% [1][9]. Business Performance - The cross-border e-commerce solutions segment generated a revenue of 5.920 billion yuan in 2024, representing a 26.01% increase and accounting for 24.58% of the company's total revenue [2][9]. - The total volume of cross-border e-commerce imports and exports reached 75.39 million orders, a 40.94% increase year-on-year, with a cargo volume of 16.22 million tons, up 47.52% [2][9]. Shareholder Activity - China Post Life Insurance announced its acquisition of 79.42 million shares of Eastern Airlines Logistics at a price of 10.944 yuan per share, totaling 869 million yuan [4][5]. - Following this transaction, China Post Life Insurance holds a 5% stake in Eastern Airlines Logistics, marking a significant investment move [3][4]. Industry Context - The insurance sector has seen increased activity, with seven insurance companies making 13 stake acquisitions in listed companies this year, driven by policy encouragement [5][6]. - The global air cargo demand grew by 11.3% in 2024, with China's air cargo transport volume increasing by 22.1%, indicating a robust market environment for logistics companies [8]. Dividend Policy - Eastern Airlines Logistics announced a cash dividend plan of 1.88 yuan per share, totaling 457 million yuan, which represents 40% of the company's net profit for 2024 [10].