关于召开 2025 年第一次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整, 没有虚假记载、误导 性陈述或重大遗漏。 特别提示：本通知按照《深圳证券交易所股票上市规则》要求为 A 股股东编制，H 股 股 东 如 参 加 本 次 股 东 大 会 ， 请 详 阅 本 公 司 于 2025 年 8 月 28 日 在 香 港 披 露 易 网 站 （www.hkexnews.hk）发布的 2025 年第一次临时股东大会通告等文件。 根据顺丰控股股份有限公司(以下简称"公司")第六届董事会第二十三次 会议决议的授权，公司决定于 2025 年 9 月 15 日（周一）召开公司 2025 年第一 次临时股东大会，现将本次股东大会的有关事项通知如下： 一、召开会议基本情况 本次会议的召集程序符合有关法律、行政法规、部门规章、其他规范性文件 及《公司章程》的规定。 证券代码：002352 证券简称：顺丰控股 公告编号：2025-064 顺丰控股股份有限公司 （1）现场会议召开时间：2025 年 9 月 15 日（周一）下午 15:00。 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时 ...

Investment Rating - The investment rating for the company is "Buy" [1] Core Views - The company reported a steady revenue growth of 9.26% year-on-year, achieving an operating income of 146.86 billion yuan in the first half of 2025, with a net profit attributable to the parent company of 5.738 billion yuan, reflecting a year-on-year increase of 19.37% [1][2] - The report highlights that the company's logistics business is experiencing robust growth, with total business volume reaching 7.85 billion parcels, a year-on-year increase of 25.7% [2] - The company is expected to maintain a relatively high growth rate in the short to medium term, with long-term value potential [1][6] Summary by Sections Financial Performance - In the first half of 2025, the company achieved a net profit margin of 3.91%, an increase of 0.33 percentage points year-on-year, with non-recurring gains contributing 1.187 billion yuan [2][3] - The express delivery and large parcel segment reported a net profit of 5.385 billion yuan, up 12.28% year-on-year, driven by rapid business scale growth and improved operational efficiency [3] - The company’s free cash flow increased by 6.29% to 8.436 billion yuan, supporting its dividend and share repurchase plans [4] Business Segments - The express logistics segment generated revenue of 109.3 billion yuan, a year-on-year increase of 10.4%, while the supply chain and international business segment reported revenue of 34.2 billion yuan, up 9.7% [2][3] - The same-city instant delivery segment saw a significant profit increase of 120.43%, attributed to rising demand and network scale effects [3] Future Outlook - The company forecasts net profits of 11.911 billion yuan, 14.246 billion yuan, and 16.834 billion yuan for 2025, 2026, and 2027 respectively, representing year-on-year growth rates of 17.1%, 19.6%, and 18.2% [6] - The report emphasizes the company's long-term value potential as a leading integrated express logistics provider [6]