Core Viewpoint - The express delivery industry is signaling a shift away from price wars towards rational competition, driven by increased regulatory oversight and industry consensus [1][2]. Group 1: Price Adjustments - Major express companies in Shanghai announced a price increase effective September 22, 2025, to combat low-price disruptions and ensure stable service [1]. - Other regions, including Zhejiang, Guangdong, and Fujian, have also initiated price hikes, with minimum prices rising from 1.1 yuan to 1.2 yuan and 1.4 yuan respectively [1]. Group 2: Industry Challenges - The express delivery sector has been plagued by low-price competition, leading to a 20.1% increase in business volume but an 8.2% decrease in average price per package, resulting in a "volume increase, price drop" scenario [2]. - Many frontline express outlets have been operating at a loss due to this low-price competition, hindering the industry's healthy operation [2]. Group 3: Regulatory Environment - The State Post Bureau has emphasized the need for enhanced industry regulation and has opposed "involutionary" competition, aiming to improve service quality and contribute to a unified national market [2]. Group 4: Revenue Recovery - A preliminary recovery in single-package revenue has been observed, with companies reporting improvements: Shentong Express at 2.06 yuan, YTO Express at 2.15 yuan, and Yunda at 1.92 yuan [2]. - Companies are also focusing on cost reduction through operational optimization and automation, targeting price adjustments primarily at e-commerce special items and large clients [3]. Group 5: Future Outlook - The industry faces the challenge of ensuring that price increases are justified and sustainable, balancing profitability with market tolerance [3]. - Long-term solutions will require industry consolidation and a transformation in competitive models to establish a healthy competitive landscape [3].