Core Viewpoint - The article discusses the current situation regarding the operation of express delivery services during the Chinese New Year, addressing rumors of service suspensions and potential price adjustments. Group 1: Service Operations - Zhongtong Express confirmed that there has been no notification of service suspension during the Chinese New Year [4] - YTO Express, Shentong Express, and Yunda Express also stated that they will continue operations during the holiday and have not received any price increase notifications [5] - China Post Express Logistics indicated that while services operate year-round, there may be additional charges for pick-up services, subject to further notice [6] Group 2: Pricing Adjustments - JD Logistics mentioned that depending on the volume of deliveries during the holiday, some locations may implement scheduling changes and resource adjustment fees, which will vary by site [8] - SF Express announced that from January 19 to February 15, they will charge a resource adjustment fee of 0.1-1.5 yuan per kg for packages over 20 kg, with additional fees during the holiday period [9] - Debon Express stated that from January 19 to February 14, they will impose a resource adjustment fee of 0.2-0.5 yuan per kg for certain customers and products, with similar fees during the holiday [9]

Group 1 - The topic of "express delivery suspension" has become a trending topic on Weibo, prompting inquiries to various express delivery companies [1] - Zhongtong Express has not received any notice of suspension and typically does not charge resource adjustment fees during the Spring Festival [1] - YTO Express, Shentong Express, and Yunda Express confirmed that they will continue operations during the Spring Festival without any price increase notifications [1] Group 2 - China Post Express Logistics stated that it operates year-round but may implement additional charges for pickup services, subject to further notice [1] - JD Logistics indicated that some stations may experience scheduling changes and resource adjustment fees based on delivery volume during the Spring Festival [1] - SF Express and Debon Express confirmed they will not suspend operations during the Spring Festival, but transportation costs will be adjusted [2] Group 3 - SF Express announced a resource adjustment fee of 0.1-1.5 yuan/kg for packages weighing 20kg or more from January 19 to February 15, with additional fees during the Spring Festival [2] - Debon Express will charge a resource adjustment fee of 0.2-0.5 yuan/kg for certain customers and products from January 19 to February 14, with further fees during the Spring Festival [2]

【#多家快递回应春节停运时间#】 6日，#快递停运#冲上微博热搜。中通快递客服称，目前暂未接到停 运通知。正常情况下，春节期间不会收取资源调节费。圆通速递、申通快递、韵达快递客服均表示，春 节期间快递不停，未收到加价通知。中国邮政速递物流客服表示，快递运送全年无休，但有可能会出现 上门取件加价情况，具体规定需看后续通知。京东物流则回应，根据春节期间快递流量情况，部分站点 可能会出现排班情况，且会产生资源调度费，以站点为准。此外，顺丰速运、德邦快递客服均回复春节 期间不停运，但运输费用会有调整。顺丰1月19日—2月15日，将对部分20kg（含）以上快递收取0.1-1.5 元/kg资源调节费。#多家快递公司回应春节停运#（中新经纬） ...

微信公众号：万里直达 1. 避开"体积计费"陷阱 多家快递实时比价，透明报价不踩坑，同城、跨省都能省，低至官网价 4 折起，让每一次寄件都更省 钱。 一、寄大件物流的核心需求：便宜、靠谱、省心 寄大件（比如家具、家电、行李箱）和寄小件完全不同，选错物流公司可能被坑"天价运费"，甚至货物 损坏无人赔。作为每年搬家3次的"寄件老手"，我总结了一套"按场景选物流+省钱技巧"的实操方法，帮 你避开90%的坑，还能比官方价省40%-60%！ 二、寄大件怎么选物流公司？按重量/场景/距离分类对比 1. 按重量选：大件重货的"专属物流" 大件（比如超过20kg的行李箱、冰箱、床垫）千万别选快递公司（如顺丰、圆通），他们按体积+重量 双重计费，运费可能翻倍！优先选物流公司： 2. 按场景选：搬家/跨省/同城/省内怎么选？ 3. 按价格选：便宜物流公司排名（实测数据） 以跨省寄100kg大件为例，运费从低到高： 三、便宜寄快递的3个核心方法（亲测有效） 大件物流常按"体积重量"计费（公式：长×宽×高÷6000），比如一个1m³的箱子，体积重量=1000kg！省 钱技巧： 2. 在线比价工具：比官方价便宜40%-60% 很多人不 ...

2026年伊始，武汉对外开放的"空中大门"越开越宽。1月27日至30日，短短四天，武汉天河机场与鄂州花湖机场相继开通三条国 际货运航线，直通泰国曼谷、沙特利雅得和赤道几内亚马拉博，连接亚非三大枢纽城市。 鄂州至利雅得航线开通首班货机，停在花湖机场停机坪。 随着近期《武汉市建设全球性国际邮政快递枢纽的实施方案》（简称《方案》）落地，在政策与市场共同驱动下，预计到2027 年，武汉将初步建成辐射力强、处理能级高、对外支撑有力的全球性国际邮政快递枢纽。 4天连飞3国 国际物流迎来"开门红" 1月27日，一架京东物流从天河机场起飞，标志着"武汉—曼谷"全货机国际货运航线开通。这条航线航班频次按季节动态调整，1 至10月每周运行三班，11至12月每周运行五班。去程搭载光谷的高价值电子产品、精密仪器和电商包裹，回程则满载泰国的金枕榴 梿、山竹等生鲜产品。 曼谷作为东南亚物流核心枢纽，连接泰国及周边消费市场，近年来与武汉经贸往来频繁。随着该航线的开通，光谷的电子产品出 海、泰国的生鲜进口航程缩短至3小时内，可精准匹配两地区域产业特色与跨境物流需求。 1月29日深夜，距离武汉天河机场80公里外的鄂州花湖国际机场机坪，一架中州 ...

Core Insights - JD Logistics has officially launched its front logistics center in Yibin, enhancing logistics efficiency in the main urban area and surrounding counties, enabling same-day delivery services for orders placed in the morning [1][6]. Group 1: Logistics Center Operations - The Yibin front logistics center utilizes advanced automated storage, picking, and sorting systems for efficient management of a large number of SKUs, along with a full-process visual monitoring system for traceability and management [4][8]. - The center's operational model of "nearby warehousing and nearby shipping" helps merchants improve logistics supply chain efficiency and reduce overall costs, particularly benefiting local products like Yibin's famous liquor [8]. Group 2: Market Potential and Future Plans - The establishment of the Yibin logistics center is part of JD Logistics' strategy to deepen and expand its national supply chain network, targeting the significant growth potential in the southern Sichuan market [4][8]. - The center aims to become a comprehensive supply chain logistics service hub integrating product circulation, data services, and industrial innovation in the future [8].

截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 京东物流股份有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 呈交日期: 2026年2月5日 I. 法定/註冊股本變動 FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 1. 股份分類 普通股 股份類別 不適用 於香港聯交所上市 (註1) 是 證券代號 (如上市) 02618 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 6,656,781,772 0 6,656,781,772 增加 / 減少 (-) 0 0 本月底結存 6,656,781,772 0 6,656,781,772 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | --- | | ✔ 已符合適用的公眾持股量要求（見下方） ...

Group 1 - The core point of the news is that JD.com is set to add its seventh listed company, JD Intelligent Property Development Co., Ltd., which aims to enhance its logistics infrastructure and global presence, potentially reaching a valuation of 9,568 billion RMB [1][3][5] - JD Intelligent Property Development has refiled its prospectus with the Hong Kong Stock Exchange, with major underwriters including Bank of America and Goldman Sachs, indicating a well-prepared approach for its second attempt at going public [3] - The company specializes in logistics parks and smart warehousing, managing assets exceeding 120 billion RMB across 285 projects globally, with 12.8% of its assets located overseas [3] Group 2 - The valuation of 9,568 billion RMB is derived from the combined market capitalization of JD.com's existing and upcoming listed companies, including JD Group, JD Health, JD Logistics, and JD Industry, among others [4][5] - JD Group's market capitalization is approximately 300 billion RMB, while the combined market value of JD Health, JD Logistics, and JD Industry exceeds 400 billion RMB, contributing significantly to the overall valuation [4] - The upcoming IPO of JD Intelligent Property Development is expected to raise funds for expanding overseas logistics nodes and upgrading domestic infrastructure, aiming to replicate China's logistics model globally [5] Group 3 - The expansion of JD's logistics capabilities through the new company is anticipated to enhance delivery speeds, particularly in remote areas, benefiting consumers and intensifying competition in the e-commerce logistics sector [5] - The comprehensive listing strategy of JD.com across various sectors, including retail, health, logistics, and infrastructure, is expected to create stronger synergies within its business ecosystem [5][6] - The upcoming IPO is seen as a significant milestone for JD.com and reflects the company's ambition for global expansion in the e-commerce landscape [6]

Group 1 - Guangzhou is promoting consumption during the Spring Festival with initiatives such as a trade-in program for consumer goods and a Guangdong quality product purchase campaign, covering 18 product categories with a maximum subsidy rate of 15% and distributing 50 million yuan in dining vouchers [1][5][6] - The city aims to ensure a stable supply of essential goods and maintain price stability, with over 1,000 supermarkets and 500 wholesale markets prepared to meet demand during the holiday [3][6] - The traditional flower street event will be held in Beijing from March 3 to 10, showcasing Guangzhou's floral industry and cultural heritage [6][8] Group 2 - The "Flower Street" event in Beijing will feature a recreation of Guangzhou's flower market, integrating traditional customs with modern interactive experiences, including local cuisine and technology demonstrations [8][9] - The initiative is seen as a cultural output and a way to expand the market for Guangzhou's products, allowing residents in Beijing to experience authentic Cantonese traditions [9]

Core Insights - The RoboX industry is approaching a commercialization inflection point, driven by strong policy support, increasing demand for cost-effective and safe autonomous driving solutions, and significant reductions in core component costs [2][6][11]. Group 1: RoboX Overview - RoboX encompasses various forms of autonomous driving applications, including Robotaxi, Robovan, and Robotruck, designed to adapt to different transportation scenarios through modular design [8]. - The industry is experiencing rapid advancements in technology, with the penetration rate of L2 and above autonomous features in passenger vehicles expected to exceed 90% by 2030, significantly driving down costs for key components like LiDAR and computing chips [9][11]. Group 2: Robotaxi Insights - Robotaxi is projected to achieve an operational cost of $0.2 per kilometer by 2027, a 50% reduction compared to traditional ride-sharing platforms, primarily due to the remote safety operator model and economies of scale [3][17]. - The global Robotaxi market is expected to reach a valuation of $352.6 billion by 2035, with the Chinese market anticipated to grow from $200 million in 2025 to $179.4 billion by 2035, indicating strong growth potential [23][28]. Group 3: Robovan Insights - The demand for Robovan is driven by labor shortages and high costs in last-mile delivery, with its capabilities making it a key solution across e-commerce, retail, and food delivery sectors [4]. - The cost of Robovan is expected to drop significantly, from 500,000-600,000 yuan to around 20,000 yuan, due to economies of scale and increased penetration of L2 and above features in passenger vehicles [4][11]. Group 4: Robotruck Insights - Robotruck applications are expanding from closed environments to long-haul logistics, with a market potential reaching hundreds of billions, focusing on stable freight demand and high operational value [5]. - The adoption of "virtual drivers" in Robotrucks is expected to significantly reduce the operating costs of electric trucks, enhancing their commercial viability [5]. Group 5: Policy Support - Since 2020, the Chinese government has implemented numerous policies to support the development of intelligent connected vehicles, establishing a robust regulatory framework for the industry [11][13]. - By 2025, 17 national-level testing demonstration zones have been established, with over 32,000 kilometers of testing roads opened, facilitating the transition from technology validation to commercial operation [11][13]. Group 6: Investment Recommendations - Companies involved in autonomous driving solutions and operations are expected to benefit directly from the commercialization of RoboX, with a projected rapid increase in penetration rates between 2026 and 2027, unlocking a market potential of hundreds of billions [6][28]. - Recommended companies include WeRide, Cao Cao Mobility, and XPeng Motors, with a focus on intelligent component manufacturers like Horizon Robotics and Bertelson [6].