Group 1 - The core viewpoint of the article highlights the strong performance of Jitu Express-W (01519) in the Southeast Asian market, maintaining a market share of 32.8% in package volume for the first half of 2025, marking six consecutive years at the top [1] - The company is experiencing a shift in the Chinese market towards improved net profits, while the Latin American market has emerged as the strongest growth engine, with a nearly 50% year-on-year increase in package volume in Q3 2025 [1] - Brazil and Mexico are responsible for 80% of the orders in the Latin American market, and there are expectations for order growth to double after binding with leading e-commerce platforms like MELI and TTS, replicating the expansion strategy used in Southeast Asia this year [1] Group 2 - The company's business model focuses on deep integration with commercial flows, accurately addressing local logistics pain points, and a profit-sharing approach, which supports its low-cost strategy to rapidly capture market share [1]
极兔速递-W早盘涨近5% 机构指拉美市场已成公司最强增长引擎