Core Insights - The company reported a revenue of RMB 22.723 billion for the six months ending June 30, 2025, representing a year-on-year increase of 9.8% [1] - Gross profit decreased by 14.9% to RMB 5.634 billion, while net profit attributable to ordinary shareholders fell by 2.6% to RMB 3.932 billion [1] - The board approved an interim dividend of USD 0.30 per American Depositary Share and ordinary share [1] Revenue Breakdown - The core express delivery business saw a revenue increase of 10.4% to RMB 22.364 billion, driven by a 17.7% increase in parcel volume and a 6.2% decrease in parcel price [2] - A significant portion of the express service revenue, 74.4%, came from fees charged to network partners for services such as parcel sorting and trunk transportation [2] - Direct customer revenue, including delivery fees from core express direct customers, increased by 140.9% due to a rise in e-commerce returns [2]