Group 1: Company Overview and Strategy - Yiatong was established in 1997 and is the first listed supply chain enterprise in China's A-share market, focusing on creating an integrated commercial entity combining supply chain, industry chain, and incubator services [3] - The company operates a digital supply chain platform, serving over 1 million terminal stores across more than 320 cities in mainland China and over 10 countries, including Hong Kong, Singapore, and the USA [3] - Future strategies include enhancing supply chain services while incubating domestic enterprises in sectors like information technology and storage, leveraging logistics and financial capabilities [3] Group 2: International Expansion and Market Focus - Yiatong's international strategy emphasizes industries such as new energy, electromechanical equipment, and electronic products, with a focus on Southeast Asia and the USA in the first phase of global expansion [4] - The company aims to assist domestic brands in entering overseas markets, particularly in sectors with related and extendable fields like new energy equipment [4] Group 3: Core Advantages in Cross-Border Services - With nearly 30 years of experience in cross-border services, Yiatong has developed a comprehensive understanding of policy, process optimization, and risk management, making it difficult for competitors to replicate [5] - The company has established a strong global service network and has accumulated long-term partnerships with numerous brand clients, facilitating overseas expansion [5] Group 4: Collaborative Ecosystem for Overseas Expansion - The alliance focuses on leveraging local service resources to address overseas localization challenges and creating a shared information platform to meet client needs [6] - Key initiatives include connecting global production resources, forming deep partnerships with local logistics and financial institutions, and driving digital innovation through AI and big data [6] Group 5: AI and Computing Power Business Planning - Yiatong's subsidiary, Beijing Zhuoyou Cloud Intelligence, specializes in computing power construction and operation, providing comprehensive services across various sectors, including data centers and cloud platforms [7] - The company plans to accelerate the adaptation of its services to the HarmonyOS ecosystem, supporting clients in migrating applications and enhancing operational efficiency [7] Group 6: Financial Strategies and Performance Management - In 2024, the company anticipates a slight revenue decline due to market conditions affecting traditional distribution and some industry chain businesses, while cross-border and non-traditional business volumes are growing but at a slower pace [9] - Strategies to improve performance include expanding new business efforts, optimizing internal management, and enhancing cost control measures [9]

当前，全球经济增长普遍面临动能不足的挑战。以数智化为代表的新质生产力，正通过深刻变革生产方 式，推动传统产业转型升级，不断催生新业态、新场景、新模式，为经济增长注入强劲动能。国家发展 改革委强调，因地制宜培育壮大新质生产力，推动「人工智能+」行动走深走实，激发数字经济创新活 力。 作为一家兼具实体经济属性和数字技术能力的新型实体企业，京东本身不仅是新质生产力的最佳实践之 一，更是新质生产力的创新者、构建者和服务者。京东政企业务则充分发挥集团生态优势，把京东科 技、京东物流、京东工业等业务板块的服务能力整合打通，为企业客户提供了包括数智采购、协同研 发、智能制造、全域链接、价值服务、供应链一体化等完整可用的供应链解决方案。目前，京东的供应 链「全链」解决方案已经在制造、汽车、能源、电子、金融、通信等众多行业领域应用，有效帮助企业 破解供应链成本与效率难题，助力传统产业向数智化转型。 近期，国家发展改革委、财政部、工信部、中国人民银行等多个部门对下半年工作进行部署。其中，有 效释放内需潜力、培育壮大新质生产力成为共同的发力点。在此背景下，作为京东面向政企客户服务的 重要窗口，京东政企业务积极响应国家号召，依托数智 ...

Financial Data and Key Metrics Changes - The company generated total revenue of $1.6 billion for the quarter, an 8% decrease compared to the second quarter of last year, primarily driven by 60 fewer stores in operation and reduced consumer traffic [23][24] - Adjusted EBITDA was $47 million in the quarter, compared to $57 million in the prior year, reflecting a decline due to restructuring expenses [25] - Adjusted free cash flow for the quarter was $13 million, a significant increase from $5 million in the same period last year, highlighting improved cash generation [27][36] Business Line Data and Key Metrics Changes - In the B2B distribution segment, revenue trends improved by approximately 200 basis points year over year, driven by new business wins and stronger demand [10][30] - The retail segment, Office Depot, reported sales of $716 million, down 10% year over year, but comparable store sales improved by 200 basis points [28][29] - The supply chain business, Veyr, achieved a 90% year-over-year revenue growth from third-party customers, with third-party revenue reaching $19 million [34][35] Market Data and Key Metrics Changes - The company is making significant progress in the hospitality market, with a strategic partnership covering approximately 15,000 members, positioning ODP to enter a $16 billion segment [15][16] - Sales to hospitality customers rose by a low double-digit percentage, indicating early traction in this new market [32] Company Strategy and Development Direction - The company's strategy focuses on leveraging supply chain strengths to accelerate growth in the B2B business while maximizing value from the retail segment [6][7] - The "Optimize for Growth" plan aims to streamline fixed costs and improve margins while expanding into higher growth sectors like hospitality and healthcare [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining momentum into the second half of the year, expecting additional top-line improvement in B2B distribution and sustained strength in retail [22][42] - The company anticipates generating over $115 million in adjusted free cash flow for the full year, supported by strong cash generation and disciplined working capital management [39][41] Other Important Information - The company closed 23 retail stores and three distribution facilities as part of its restructuring efforts [24][20] - Total liquidity at quarter-end was $658 million, consisting of $177 million in cash and $481 million in available credit [38] Q&A Session Summary Question: Are there alternatives being explored to maximize shareholder value? - Management emphasized that maximizing shareholder value is the primary focus, but they cannot comment on specific activities or rumors [46][47] Question: What assumptions have been made regarding the macroeconomic environment, particularly the labor market? - Management stated they are conservative in their assumptions and have a strong focus on inventory management to ensure cash flow generation [48][50] Question: What percentage of the assortment is subject to tariffs, and how will pricing be adjusted? - Approximately 57% of inventory is either MAP priced or exempt from tariffs, allowing flexibility in pricing strategies [53][58] Question: What needs to happen for the business solutions segment to return to positive revenue trends? - Continued execution and focus on hospitality growth are essential, with a strong emphasis on onboarding new properties [86][89]

中证报中证网讯(王珞)8月5日，丝路数字资产与大宗商品供应链大会在四川德阳开幕，共商数字技术重 塑全球大宗贸易新路径，会上发布了《产业生态共建倡议》，并现场签约了超十亿元的合作项目。 四川省社会科学院二级教授李后强表示，四川建设国家战略腹地，本质是以安全托底发展、以开放激活 创新、以绿色重塑价值，是"国之大者"与"省之要事"的深度融合。四川建设国家战略腹地的新机遇，集 中于政策、产业、科研、就业、公共服务等机遇，主要在粮食、能源、材料、交通等关键产业备份。德 阳作为四川装备制造产业的"脊梁"，正以三大定位服务国家战略，即打造高端装备科技城、建设成渝产 业协同"核心引擎"、探索"一带一路"装备出海新模式。 会上，云南滇红茶、联合龙润茶、川茶集团等20家龙头企业成立"中国茶联会"，构建茶叶从种植到跨境 销售的"区块链+物联网"全链溯源平台；天府商品交易所、中国欧盟商会、四川省川联零售业商会、四 川省供应链服务行业协会、成渝地区双城经济圈研究院执行院、法国中小协会等30家机构发布《产业生 态共建倡议》，明确共建"数字仓单跨域互认"标准、开发"丝路链上征信平台"、设立"数字供应链创新 基金"三大行动。 本次会议由中国 ...

（文章来源：每日经济新闻） 2024年1至12月份，福然德的营业收入构成为：供应链服务占比99.93%，其他业务占比0.07%。 福然德（SH 605050，收盘价：17.65元）8月5日晚间发布公告称，截至2025年7月31日，公司已累计回 购股份数量为191.31万股，占公司总股本的比例为0.3882%，回购股份的最高成交价为13.89元/股、最低 成交价为8.97元/股，累计支付总金额为人民币约2181.80万元。 ...

Group 1 - The core business of the company includes resource trading, metal trading, and supply chain services [1] - The company has not yet participated in the Yarlung Tsangpo River project but will closely monitor related business opportunities [1]

Meeting Details - The shareholders' meeting is scheduled for August 1, 2025, at 14:30, with online voting available from 9:15 to 15:00 on the same day [2][4] - The meeting will be held at the logistics center located at 3 Li Lang Road, Longgang District, Shenzhen [2] - The meeting will be conducted in a hybrid format, allowing both on-site and online voting [4][5] Attendance - A total of 617 shareholders participated, representing 466,401,879 shares, which is 17.9592% of the total share capital [6] - Among the attendees, 615 were small investors, representing 26,317,861 shares, or 1.0134% of the total share capital [6][7] - Legal representatives from Beijing King & Wood Mallesons attended to provide legal opinions on the meeting [7][11] Proposal Voting Results - The proposal to apply for a comprehensive credit line from CITIC Bank was approved with 460,707,934 votes in favor, accounting for 98.7792% of the votes [7][8] - The proposal for a credit line from Agricultural Bank of China was approved with 460,658,034 votes in favor, representing 98.7685% [8] - The proposal for a credit line from China Export-Import Bank was approved with 460,708,734 votes in favor, or 98.7793% [8] - The proposal for a credit line from Guangdong Huaxing Bank was approved with 460,558,634 votes in favor, representing 98.7472% [8] - The proposal to provide guarantees for two subsidiaries' applications to Standard Chartered Bank was approved with 450,891,682 votes in favor, accounting for 96.6745% [9] - The proposal for a credit line from Dongguan Bank was approved with 460,563,834 votes in favor, representing 98.7483% [9] - The proposal to increase the guarantee limit for a subsidiary was approved with 450,604,482 votes in favor, accounting for 96.6129% [10] - The proposal to terminate fundraising investment projects and use remaining funds for working capital was approved with 461,059,779 votes in favor, representing 98.8546% [10] Legal Opinions - The legal opinion from Beijing King & Wood Mallesons confirmed that the meeting's procedures complied with relevant laws and regulations, and the voting results were valid [11] Documentation - The resolutions from the meeting and the legal opinion will be kept on record for reference [12]

Core Viewpoint - The legal opinion issued by Beijing Jindu (Guangzhou) Law Firm confirms that the procedures for the convening and holding of the 2025 Eighth Extraordinary General Meeting of Shenzhen Yiyaton Supply Chain Co., Ltd. comply with relevant laws and regulations, and the voting results are valid and legal [1][10]. Group 1: Meeting Procedures - The meeting was convened in accordance with the relevant laws, regulations, and the company's articles of association, with proper notice published in multiple financial media [4][10]. - The meeting was held at the designated location, and the actual time and method of the meeting matched the announced details [4][10]. Group 2: Attendance and Qualifications - A total of 617 participants attended the meeting, representing 51,630,317 shares, which is 1.9881% of the total shares [5]. - The qualifications of the attendees were verified, confirming compliance with legal and regulatory requirements [5][10]. Group 3: Voting Procedures and Results - The voting was conducted through a named voting method, with monitoring by representatives and lawyers, ensuring transparency [6][10]. - The voting results showed that various resolutions were passed with significant majorities, including a resolution for guarantees provided by subsidiaries, which received over two-thirds approval [7][9][10].

近日，建发集团所属建发股份（600153）亮相第三届链博会，以特装展位驻足供应链服务展区，与国贸 股份共同展现厦门作为全国供应链发展高地的深厚底蕴。这场汇聚75个国家和地区、651家中外企业的 盛会，不仅是全球供应链创新成果的展示窗口，更成为建发集团展现旗下企业供应链实力的重要平台。 新消费板块同样亮点十足。以咖啡产业为例，建发股份展示了从生豆直采、仓储与清关资源部署，到熟 豆定制与销售对接的咖啡全产业链服务。同时，精选"取舍"生活用纸等自营产品，及诺威佳、多特倍斯 等合作品牌的多款好物，让到场观众亲身体验到其多元消费品供应链服务的独特魅力。 从连续三年参展的坚持，到"两新两化"战略的稳步推进，建发集团所属建发股份在链博会上的每一次亮 相，都是企业实力的一次集中呈现。这背后，是建发集团对供应链领域的长期投入与战略远见，既呼应 了厦门建设国际供应链枢纽城市的目标，也为全球供应链的协同发展注入了来自中国企业的力量。在链 接世界、共创未来的征程上，建发集团正通过旗下企业的持续深耕，书写着属于中国供应链企业的精彩 篇章。 建发集团所属建发股份作为链博会的"老朋友"，已是连续第三年参展。此次，建发股份以特装形式亮相 供 ...

证券代码：002210 证券简称：飞马国际 公告编号：2025-034 深圳市飞马国际供应链股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 深圳市飞马国际供应链股份有限公司（以下简称"本公司"或"公司"）于 2024 年 12 月 30 日召开第七届董事会第四次会议、2025 年 1 月 16 日召开 2025 年第 一次临时股东大会审议通过了《关于向控股股东借款暨关联交易的议案》，公司 继续向控股股东新增鼎（海南）投资发展有限公司（以下简称"新增鼎公司"）续 借在公司前期重整期间根据公司重整计划向公司提供的借款人民币 2 亿元（本 金），续借期限一年，借款利率不超过银行同期贷款利率，具体详见公司在巨潮 资讯网（www.cninfo.com.cn）上披露的《第七届董事会第四次会议决议公告》 （公 告编号：2024-044）、《关于向控股股东借款暨关联交易的公告》（公告编号： 日前，根据公司经营安排并经与新增鼎公司友好协商，公司通过银行转账 二〇二五年七月三十日 -1- 方式向新增鼎公司全额归还了上述借款本金及相关利息合计 2.17 亿元，其中： ...