Group 1 - JD Logistics currently has a team of over a thousand people in Saudi Arabia, indicating significant operational presence in the region [2] - In June 2024, JD Group established a strategic partnership with Saudi Electricity Company (SEC) to automate and upgrade dozens of its warehouses, enhancing logistics efficiency in the Middle East and North Africa [3] - JD Logistics has built one of the largest automotive parts centers in Saudi Arabia, storing tens of thousands of auto parts, which supports its collaboration with major automotive brands [3] Group 2 - JD Logistics aims to seize opportunities from Saudi Arabia's economic transformation, accelerating the implementation of logistics supply chains and expanding its global integrated supply chain network [4] - For the full year of 2024, JD Group reported total revenue of 1,158.8 billion RMB, a year-on-year increase of 6.84%, with Q4 revenue reaching 347 billion RMB, up 13.4% year-on-year [3] - In Q1 2025, JD Logistics achieved total revenue of 46.967 billion RMB, reflecting a year-on-year growth of 11.46% [4]

Core Insights - Shenzhen Oriental Jiasheng Supply Chain Co., Ltd. reported a significant increase in revenue and profit for the year 2024, with total revenue reaching 3.552 billion yuan, a year-on-year growth of 31.97%, and net profit attributable to shareholders at 192 million yuan, up 20.50% [1] - The company announced a profit distribution plan, proposing a cash dividend of 0.75 yuan per 10 shares and a capital reserve conversion of 4 shares for every 10 shares [1] Revenue Breakdown - The cross-border e-commerce logistics segment saw remarkable growth, generating 1.698 billion yuan in revenue, a staggering increase of 1922.83%, becoming the largest growth driver for the company [1] - The consumer food segment achieved revenue of 370 million yuan, reflecting a year-on-year growth of 59.23%, solidifying the company's position as a leader in the imported alcoholic beverage supply chain [1] - The medical health segment reported revenue of 162 million yuan, with a growth of 16.34%, expanding its global center warehouse business in collaboration with leading medical testing companies [1] Strategic Focus for 2025 - The company plans to focus on "industry deepening" and "technology empowerment" as its two main strategic lines, aiming to enhance its competitive advantage in the supply chain service sector through digital upgrades and warehouse network expansion [2] - In the vertical industry segment, the company is exploring opportunities in the semiconductor supply chain, particularly in repair services and trade, leveraging its strategic investment capabilities [2] - The company aims to expand its international freight routes to Europe, the UK, and the US, while deepening its cross-border e-commerce business by utilizing its global overseas warehouse layout [2] Digital Transformation Initiatives - The company intends to integrate AI technology into its supply chain operations, aiming to automate customs documentation processing and improve accuracy to 99% [2] - A logistics warehouse cloud ecosystem is being developed to enhance digital capabilities, facilitating data communication across customs, warehousing, and transportation processes [2] - The company is collaborating with leading industry players to explore the construction of a logistics robot matrix, focusing on customized solutions for high-value goods to improve operational safety and efficiency [2] Warehouse Network Expansion - The company has completed the construction of warehouses in Chongqing and Kunming, with ongoing projects in Shenzhen, resulting in a total operational warehouse area exceeding 250,000 square meters [3] - This expansion is expected to significantly reduce external leasing costs and improve operational quality [3] - The company is also developing cross-border multimodal transport products to enhance transportation efficiency and optimize costs, aiming to build a rapid freight logistics network covering Europe, the US, and Southeast Asia [3]