海南日报讯(海南日报全媒体记者 刘梦晓)近日，来自东南亚、非洲的进口烟片、合成胶等多个橡 胶品类陆续进驻洋浦国际智慧供应链中心，标志着该中心已构建起高效便捷的橡胶物流通道，为海南自 贸港链接全球橡胶产业链注入强劲动能。 作为我国对外开放的重要门户，海南自贸港政策红利加速释放，正吸引东南亚、非洲等橡胶主要产 区的橡胶资源加速集聚。洋浦国际智慧供应链中心充分发挥"航运+港口+物流"三位一体资源优势，凭 借紧邻洋浦国际集装箱码头、毗邻西线橡胶加工产业带的独特区位，加速完善智慧物流系统建设，构建 起高效便捷的橡胶物流通道，将有效助力客户降低物流成本，提升产业链协同效率。 洋浦国际智慧供应链中心是海南自贸港首个绿色零碳智慧物流园区，具备上海期货交易所指定期交 仓、保税仓及出口监管仓、保税维修中心、港外箱管堆场、站外箱管堆场、新能源补给站六大功能。其 中，2.46万平方米的上海期货交易所指定期交仓是海南目前唯一具备天然橡胶期货交割资质的仓库，也 是省内单体面积最大的高标准仓库，可为全球橡胶贸易提供仓储保障。 该中心运营方海南港航物流有限公司凭借多年天然橡胶指定交割仓库运营经验，聚焦橡胶产业上下 游，借助海南岛内橡胶加工优 ...

Business Overview - In 2024, the total business volume reached 13.33 billion parcels, a year-on-year increase of 11.3% [2] - Revenue for 2024 was CNY 284.4 billion, up 10.1% year-on-year [2] - International revenue growth outpaced domestic, with express logistics revenue at CNY 205.8 billion (up 7.7%) and supply chain & international revenue at CNY 70.5 billion (up 17.5%) [2] Financial Performance - EBITDA profit reached CNY 32.7 billion, a year-on-year increase of 11.0%, with an EBITDA margin of 11.5% [2] - Net profit attributable to shareholders was CNY 10.2 billion, up 23.5%, with a net profit margin of 3.6% [2] - The company returned CNY 10.66 billion to shareholders through dividends and share buybacks [2][17] Operational Efficiency - Labor costs as a percentage of revenue (excluding KLN) increased by 0.8 percentage points [10] - Transportation costs as a percentage of revenue (excluding KLN) decreased by 0.8 percentage points [10] - Other operating costs as a percentage of revenue (excluding KLN) decreased by 1.2 percentage points [10] Strategic Initiatives - The company aims to enhance operational agility by empowering frontline decision-making and transitioning from management to service-oriented headquarters [3] - Focus on industry transformation and expanding supply chain capabilities to improve market penetration [3] - Emphasis on cross-border logistics and tailored solutions for clients [3] Growth Segments - Time-sensitive express revenue grew by 5.8%, with a parcel volume increase of 12% [5] - Economic express revenue (excluding Fengwang) increased by 11.8%, with parcel volume up 18% [5] - Fast freight revenue grew by 13.8%, with a volume increase exceeding 20% [6] International Expansion - The international business is positioned as a second growth curve, with international revenue growth exceeding domestic growth by over 2 times in 2024 [28] - The company has secured over 100 overseas supply chain projects, enhancing its cross-border capabilities [7][29] ESG Commitment - The company improved carbon efficiency by 9.3% in 2024, with a 12% reduction in carbon footprint per parcel [18] - Recognized for its ESG practices, ranking high in various international ratings [18] Future Outlook - The company plans to maintain a dual focus on high-end express and economic segments to drive growth [20] - Continuous investment in technology and operational efficiency to enhance service quality and reduce costs [22] - Anticipates stable revenue growth and profitability improvements in 2025 [25]

Investment Rating - The report recommends investment in several companies within the aviation and logistics sectors, including China National Aviation (601111.SH), Southern Airlines (600029.SH), and Huamao Logistics (603128.SH) [9]. Core Insights - The report highlights the recovery of air travel demand, with domestic ASK (Available Seat Kilometers) for major airlines exceeding 100% of 2019 levels, indicating a strong rebound in the aviation sector [19][22]. - The logistics sector is expected to benefit from the growth of cross-border e-commerce, driven by domestic demand and the expansion of local manufacturing brands [8]. - The report emphasizes the importance of smart logistics and digital transformation in enhancing operational efficiency and meeting consumer demands [63][66]. Summary by Sections Aviation and Airports - As of December 2024, domestic ASK recovery rates for major airlines reached 132.45% for China National Aviation and 153.98% for Spring Airlines compared to 2019 [19]. - International flight recovery rates vary, with the UK at 112% and Italy at 122% compared to 2019 [22]. - The report notes that the optimism surrounding airport duty-free agreements has been priced in, with future international passenger flow recovery being a key focus [7]. Shipping and Ports - The SCFI (Shanghai Containerized Freight Index) reported a value of 1436 points as of March 7, 2025, reflecting a week-on-week decrease of 5.21% and a year-on-year decrease of 23.83% [28]. - The BDTI (Baltic Dirty Tanker Index) was at 879 points, down 0.86% week-on-week and down 26.01% year-on-year [33]. - The report indicates a significant decline in shipping rates across various routes, with the CCFI (China Containerized Freight Index) showing a decrease of 7.70% year-on-year [28]. Road and Rail - In December 2024, railway freight volume increased by 8.46% year-on-year, reaching 4.59 million tons, while road freight volume grew by 9.94% to 37.74 million tons [39][46]. - The report highlights the expansion of rail capacity in the southwest region, enhancing operational efficiency [60]. Express Logistics - The express delivery sector achieved a revenue of 137.89 billion yuan in December 2024, marking a year-on-year increase of 13.60% [49]. - The average price per express delivery item decreased by 13.61% to 7.75 yuan [49]. - The report emphasizes the growth potential in the express logistics sector, driven by e-commerce and the development of differentiated competitive advantages among leading companies [8].

智慧物流·智能制造系统提供商 证券代码：300532 证券简称：今天国际 公告编号：2025-006 深圳市今天国际物流技术股份有限公司 关于募投项目变更后重新签订募集资金三方监管协议及 原募集资金专户注销完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳市今天国际物流技术股份有限公司（以下简称"公司"）于 2024 年 12 月 31 日召 开第五届董事会第十四次会议，审议通过了《关于募投项目结项及变更募集资金用途的议 案》《关于新设募集资金专项账户并授权签订募集资金监管协议的议案》，同意将募投项 目"今天国际工业互联网平台建设项目"和"IGV 小车研发及产业化项目"予以结项，并 将本次结项的募投项目节余资金投入新项目"今天国际智能机器人研发及产业化项目"。 同时，为规范募集资金管理，针对本次变更后的新项目，公司将新开立募集资金专户，将 原募投项目节余募集资金转入新设募集资金专户中，并将与开户银行、保荐机构及时签订 募集资金监管协议。上述节余募集资金按上述计划结转完毕后，公司将对原募投项目募集 资金专户进行销户处理。 2025 年 1 月 24 ...