Core Viewpoint - JD Logistics has achieved warehouse automation through 10 years of technological accumulation, with plans to establish the world's first fully automated delivery station by April next year [1][2]. Group 1: Technological Advancements - JD Logistics has successfully implemented warehouse automation, with over 700,000 kilometers of internal testing for unmanned trucks and millions of kilometers for last-mile delivery vehicles [2]. - The company plans to purchase 3 million robots, 1 million unmanned vehicles, and 100,000 drones over the next five years to enhance its logistics supply chain [2][3]. - The development of high-density solid-state batteries is expected to trigger a new wave of growth in the robotics and drone industries [2]. Group 2: Employment and Job Creation - Automation will not conflict with employment; instead, it will free workers from heavy labor and create new job opportunities [2][3]. - Future employees may only need to work one day a week or even one hour, as automation reduces the physical demands of their roles [2]. - The development of technology will lead to new demands and services, potentially increasing the global tourism market tenfold in the next five years [3]. Group 3: Logistics Cost Reduction - JD's entry into the logistics sector aimed to reduce China's high social logistics costs, which were significantly above those in developed countries due to disorganized cargo movement [4][5]. - The company believes that social logistics costs as a percentage of GDP can decrease from over 14% to below 10% within five years [5]. - In 2007, the logistics cost in China was over 18% of GDP, while developed countries had logistics costs between 6% and 8% [4][5]. Group 4: Future Projections - If logistics costs can be reduced to 6%, it could save enterprises trillions of yuan in net profits annually, fostering technological advancement and better employee compensation [5]. - JD Logistics has built a national logistics network with over 3,600 warehouses and more than 660,000 frontline employees as of June 2025 [5].