Core Insights - The automotive logistics industry is undergoing a transformation where compliance standards and advanced technology are becoming crucial for shaping the industry landscape [1][3] - Long-term Logistics is evolving from a traditional logistics service provider to a technology and data-driven global partner, enhancing its service capabilities through a one-stop solution [1][2] Group 1: Company Development - Long-term Logistics has grown from its origins in Changchun to a comprehensive logistics enterprise covering multiple fields, currently serving over 60 automotive brands and collaborating with 80% of domestic manufacturers [2] - The company has established a multimodal transport network and digital platform, aiming to meet the increasing demand for logistics outsourcing in the automotive industry [2] Group 2: Market Trends - The Chinese automotive market is projected to see a production and sales volume of 27.48 million and 27.56 million vehicles in 2024, reflecting year-on-year growth of 5.2% and 5.8% respectively [2] - The continuous prosperity of the automotive industry is driving the expansion of the automotive logistics market in China [2] Group 3: Compliance and Strategic Assets - Recent regulatory actions targeting overloading in vehicle transport are expected to reshape the automotive logistics ecosystem and address long-standing low-price competition issues [3][4] - Long-term Logistics has transformed its compliance investments into strategic assets, enhancing its competitive position in the market [4][5] Group 4: Technological Advancements - The company is focusing on technology empowerment and digital transformation, optimizing its intelligent scheduling system to reduce empty runs and improve efficiency [6][7] - Long-term Logistics is leveraging its extensive data to build a nationwide and regional route network, enhancing its logistics services to be more intelligent and precise [7] Group 5: Future Vision - The company aims to redefine itself as a comprehensive logistics solution provider with technological attributes, supporting clients in optimizing their supply chains in the globalized and intelligent automotive industry [9]