顺丰的“长期主义”：9年共同成长计划，与员工共享未来

Group 1 - SF Holding reported a revenue of 146.86 billion yuan for the first half of 2025, a year-on-year increase of 9.26%, with a net profit of 5.74 billion yuan, up 19.37% [2] - The company introduced a 9-year "Shared Growth Stock Plan" aimed at binding core talent with the long-term value of SF Holding, with no cost to employees as shares are donated by the controlling shareholder [4][5] - The plan involves approximately 200 million A-shares, representing 4% of the shares held by the president Wang Wei [5] Group 2 - Wang Wei will also distribute gratitude bonuses to employees with over 10 years of service, encouraging long-term commitment and growth [6] - The logistics industry has been plagued by price wars, and SF Holding aims to shift the focus from short-term market share to long-term talent cultivation and retention, promoting a healthier competitive ecosystem [6] - The "Shared Growth Stock Plan" transforms employees into partners, enhancing their sense of belonging and loyalty without requiring financial investment from them [6] Group 3 - The plan is seen as a response to the "involution" phenomenon in the logistics industry, which has been characterized by intense competition and price wars [13] - SF Holding's initiative aligns with national calls to prevent "involution-style" competition and emphasizes the importance of industry self-discipline [13] - The logistics sector is recognized as a crucial infrastructure for the modern economy, and SF Holding's plan serves as a new value guide for the industry and society [15] Group 4 - The employee stock ownership plan (ESOP) is viewed as a key driver of SF Holding's rapid growth, with a business volume of 7.81 billion items in the first half of 2025, a year-on-year increase of 25.73% [10] - The plan is part of SF Holding's strategy to align with global best practices and enhance its international competitiveness [12] - By fostering a culture of shared interests and responsibilities, SF Holding aims to improve collaboration and reduce management costs across different regions [12]