Dongxing Securities·2025-06-24 03:40Economic News - The State Council has issued regulations for internet platform companies regarding tax information reporting, aiming to enhance tax service efficiency and promote healthy development of the platform economy [2] - The Ministry of Finance plans to issue 40 billion yuan of government bonds, with a competitive bidding process scheduled for June 24, 2025 [2] - The average price of pork in national agricultural wholesale markets has decreased by 1.2% compared to last week, with the current price at 20.08 yuan per kilogram [5] - As of the end of May, the total installed power generation capacity in the country reached 3.61 billion kilowatts, a year-on-year increase of 18.8%, with solar power capacity growing by 56.9% [5] Company News - WuXi AppTec has completed a 1 billion yuan share buyback and plans to cancel the shares [6] - Guotou Zhonglu intends to acquire controlling interest in Electronic Institute, with stock suspension not exceeding 10 trading days [6] - Inspur Information plans to repurchase shares worth 200 million to 300 million yuan [6] - Yachuang Electronics intends to purchase a 37.0337% stake in Shanghai Analog for 298 million yuan [6] - Xiamen Xinda plans to transfer 100% equity of Xinda Investment for 86.6655 million yuan [6] Industry Insights - In May, the national express delivery service volume reached 17.318 billion pieces, a year-on-year increase of 17.2%, although the growth rate has slowed [7][8] - SF Express has shown significant growth, achieving a market share increase of 0.9 percentage points, with a business volume growth of 31.8% in May [8] - The average single ticket price in the express delivery industry has slightly decreased, with a year-on-year decline of 7.6% [9] - The ongoing price competition in the industry is intense, with major players like Shentong and Yunda experiencing significant drops in single ticket revenue [9][10] - The report suggests that the price war is entering a critical phase, with a focus on service quality becoming essential for survival and profitability in the industry [10]