Haoxin Holdings(US:HXHX) Jin Rong Jie·2025-07-28 13:47Core Viewpoint - Haoxin Holdings (HXHX) has experienced a decline in revenue and net profit, but it is positioned to benefit from the growing cold chain logistics market in China, which is still in its infancy compared to Western markets [1][2]. Financial Performance - As of December 31, 2024, Haoxin Holdings reported total revenue of $25.57 million, a decrease of 4.1% year-on-year - The net profit attributable to the parent company was $3.17 million, down 20.05% year-on-year [1]. Company Overview - Haoxin Holdings has been engaged in the logistics industry since 2009, focusing on container shipping, freight forwarding, and cold chain transportation - The company aims to become a leading cold chain logistics provider in the Yangtze River Delta region of China, with its operations centered around Ningbo-Zhoushan Port and extending to major distribution centers across the country [1]. Market Position - The cold chain transportation industry in China has a market share of less than one-tenth compared to that of Europe and the United States, indicating significant growth potential - Haoxin is currently a leading enterprise in the temperature-controlled transportation of new energy materials, positioning itself for explosive growth in future performance [1]. Technological Advancements - The company has implemented a new logistics management system to enhance pricing verification and vehicle dispatch efficiency - A satellite positioning system has been introduced to monitor vehicle locations and driving speeds, ensuring safety and timely deliveries [2]. Service Offerings - Haoxin provides personalized and customized logistics services, designing comprehensive logistics solutions based on real-time information analysis - The company offers a range of value-added services, including barcode management, replenishment, packaging, and inventory analysis, aimed at improving logistics management efficiency and reducing operational costs for clients [2].