Mei Ri Jing Ji Xin Wen·2025-08-13 08:35Core Viewpoint - The express delivery industry in Guangdong has implemented a price increase, raising the minimum cost per ticket to 1.4 yuan, which is expected to stabilize the financial situation of many delivery companies after a prolonged period of low pricing competition [1][2]. Group 1: Price Increase Details - Starting from August 5, the overall base price for express delivery in Guangdong has been raised by 0.4 yuan per ticket, with the average price exceeding 1.4 yuan [1]. - The increase in base price is aimed at ensuring that no express delivery company can collect below the cost price of 1.4 yuan, particularly affecting e-commerce clients who have high delivery demands [1]. - Prior to Guangdong, the city of Yiwu in Zhejiang province had already initiated a price increase mechanism, raising the base price from 1.1 yuan to 1.2 yuan [1]. Group 2: Industry Background - The express delivery industry has been suffering from a "low-price for volume" competition model, leading to reduced profit margins for grassroots outlets and poor service quality [2]. - The average price per ticket for express delivery in China has significantly decreased from 28.55 yuan in 2007 to 7.49 yuan as of June this year [2]. - Major express companies like SF Express, Shentong, Yunda, YTO, and Zhongtong have seen their average ticket revenues drop by approximately 40% since their listings in 2017, with only Zhongtong showing a slight increase [2]. Group 3: Regulatory Environment - The State Post Bureau has emphasized the need for stronger industry regulation and has opposed "involutionary" competition, aiming to improve service quality in the express delivery sector [3]. - Following these regulatory discussions, stocks of major express companies have surged, with Yunda's stock price increasing by 22.4%, Shentong by 47.54%, YTO by 28.57%, and Zhongtong by 13.72% [3][4].