Core Viewpoint - The company reported a total revenue of RMB 25.113 billion for May 2025, reflecting a year-on-year growth of 11.34% in its express logistics and supply chain businesses [2]. Group 1: Express Logistics Business - The revenue from the express logistics business increased by 13.36% year-on-year, with a business volume growth of 31.76%, attributed to the implementation of activation strategies and increased incentives for frontline operations [2]. - The early promotional period of major e-commerce platforms during the 618 sales event contributed to the increased demand for deliveries in May [2]. Group 2: Supply Chain and International Business - The revenue from international freight forwarding was impacted by fluctuations in international trade relations; however, the company leveraged its global network and diversified business layout to adapt to market changes [2]. - The company actively explored new demands, which supported steady growth in its supply chain and international business segments [2].

Core Viewpoint - SF Holding Co., Ltd. reported a total revenue of RMB 23.661 billion for March 2025, reflecting a year-on-year growth of 9.63% in its express logistics and supply chain businesses [3]. Group 1: Business Segments - The express logistics business, which includes time-sensitive express, economy express, freight, cold chain, and medical delivery services, achieved a revenue growth of 10.61% year-on-year [3]. - The business volume for the express logistics segment increased by 25.36%, indicating strong operational performance [3]. - The supply chain and international business segment encompasses international express, freight forwarding, and supply chain services [2]. Group 2: Market Position and Strategy - The growth in revenue and business volume is attributed to the company's diverse product matrix and comprehensive logistics solutions, which effectively meet the varied needs of customers in manufacturing and consumer sectors [3].