Core Viewpoint - YTO Express announced that its express product revenue for July 2025 reached 5.371 billion yuan, representing a year-on-year growth of 12.08% [1] Financial Performance - The total business volume completed was 2.583 billion parcels, showing a year-on-year increase of 20.79% [1] - The revenue per parcel for express products was 2.08 yuan, which reflects a year-on-year decrease of 7.20% [1]

Core Insights - The postal industry in China reported a business revenue of 1449.8 billion yuan in July, marking an 8.6% year-on-year increase [1] - The express delivery business revenue reached 1206.4 billion yuan in July, with a year-on-year growth of 8.9% [1] - Cumulative business revenue for the postal industry from January to July was 10180.7 billion yuan, reflecting an 8.3% increase compared to the same period last year [1] Revenue and Volume Analysis - In July, the total volume of postal delivery reached 177.9 billion pieces, which is a 12.6% increase year-on-year [1] - The express delivery volume for July was 164.0 billion pieces, showing a year-on-year growth of 15.1% [1] - From January to July, the cumulative delivery volume was 1223.0 billion pieces, representing a 16.2% increase year-on-year [1] Segment Performance - The cumulative express delivery revenue from January to July was 8394.2 billion yuan, with a year-on-year increase of 9.9% [1] - The cumulative express delivery volume for the same period was 1120.5 billion pieces, reflecting an 18.7% year-on-year growth [1] - Same-city express delivery volume accounted for 8.3% of total express delivery volume, while intercity and international/overseas delivery volumes accounted for 89.6% and 2.1%, respectively [2] Regional Insights - In terms of revenue distribution, the eastern, central, and western regions accounted for 74.0%, 15.5%, and 10.5% of express delivery revenue, respectively [4] - The volume distribution for express delivery in these regions was 71.5% for the east, 19.4% for the central, and 9.1% for the west [4] - The eastern region saw a decline in both revenue and volume share compared to the previous year, while the central and western regions experienced increases [4] Market Concentration - The concentration index CR8 for express and parcel service brands was recorded at 86.9, a slight decrease of 0.1 from the previous month [6]

Core Insights - The postal industry in the city has experienced double growth in both business volume and revenue in the first half of the year, with significant growth in international and cross-strait express delivery services [1][2][3] Group 1: Business Performance - The total express delivery business volume reached 43,654.7 million pieces, representing a year-on-year increase of 5.1%, while the business revenue amounted to 5.25 billion yuan, up 4.3% year-on-year [1][3] - The express delivery business volume specifically reached 40,884.1 million pieces, with revenue of 4.75 billion yuan, showing a year-on-year growth of 5.8% and 2.8% respectively [1] - International and cross-strait express delivery business volume totaled 5,807.0 million pieces, reflecting a substantial year-on-year increase of 42.6% [1][3] Group 2: Market Segmentation - In terms of regional express delivery, the local express business volume decreased by 16.9% to 3,230.0 million pieces, while the intercity express business volume increased by 3.8% to 31,847.1 million pieces [1] - The proportions of local, intercity, and international/cross-strait express delivery volumes in the total express delivery volume were 7.9%, 77.9%, and 14.2% respectively, with the share of international/cross-strait express delivery increasing by 3.7 percentage points compared to the same period last year [1] Group 3: Industry Outlook - The postal industry is actively expanding its cross-regional and international services while meeting local demand, supported by innovative measures such as smart recognition systems and optimized transportation routes [2] - The ongoing policy benefits, infrastructure development, and rapid market expansion are expected to provide additional growth opportunities for the express delivery industry in the city [2]

Core Insights - The transportation industry has effectively supported employment stability, business stability, market stability, and expectation stability in the first half of the year, with overall economic operations remaining stable and showing progress [1] Group 1: Freight Volume - The total operating freight volume reached 28.03 billion tons, reflecting a year-on-year growth of 3.9% [1] - By mode of transport, the freight volume increased by 1.8% for rail, 4.0% for road, 4.3% for waterway, and 14.6% for civil aviation [1] - The ocean freight volume completed by Chinese shipping companies grew by 9.4% year-on-year [1] Group 2: Express Delivery - The express delivery business volume reached 95.6 billion pieces, marking a year-on-year increase of 19.3% [1] Group 3: Port Operations - Port cargo throughput maintained growth, totaling 8.9 billion tons, with a year-on-year increase of 4.0% [1] - Domestic and foreign trade throughput increased by 5.0% and 1.8% respectively [1] - Container throughput reached 17 million TEUs, reflecting a year-on-year growth of 6.9%, with domestic and foreign trade throughput increasing by 4.0% and 8.9% respectively [1]

Core Insights - The express delivery business in the central and western regions of China is continuously increasing, with a 1.4 percentage point rise in the share of express delivery volume [1][7] - In the first half of the year, the total postal industry delivery volume reached 1,045.1 billion pieces, a year-on-year increase of 16.9%, while express delivery volume reached 956.4 billion pieces, growing by 19.3% [1][4] - The top ten provinces by express delivery volume account for 79.85% of the total, with Guangdong leading at 234.2 billion pieces, followed by Zhejiang and Jiangsu [1][2] Express Delivery Volume Growth - Nine provinces experienced express delivery volume growth exceeding 30%, with Shaanxi leading at 48.6%, followed by Ningxia at 45.4% and Guizhou at 38.9% [4][7] - Hebei's express delivery volume reached 57.2 billion pieces, ranking fourth, with a growth rate of 38.2% [5][6] - Henan's express delivery volume was 54.2 billion pieces, placing it fifth with a growth rate of 33.6% [6] Revenue Insights - The total express delivery revenue for the first half of the year was 7,187.8 billion yuan, a year-on-year increase of 10.1% [2][4] - Sixteen provinces reported express delivery revenue exceeding 10 billion yuan, with Guangdong leading at 1,493.5 billion yuan, followed by Shanghai and Zhejiang [2][4] Regional Performance - The eastern, central, and western regions accounted for 74.0%, 15.5%, and 10.5% of express delivery revenue, respectively, with the central region's revenue share increasing by 0.5 percentage points [7] - The growth of express delivery in rural areas and lower-tier cities is notable, with initiatives to enhance services in these regions [7][8]

Core Insights - During the Dragon Boat Festival holiday, the national postal and express delivery industry collected over 1.511 billion packages, marking a year-on-year growth of 19.4% [1] Industry Performance - The total number of packages collected by the postal and express delivery sector reached 1.511 billion during the holiday period [1] - This represents a significant increase of 19.4% compared to the same period last year [1] Technological Advancements - Postal and express delivery companies have enhanced the use of intelligent equipment to improve the delivery efficiency of fresh products [1]