（来源：廊坊日报） 科技赋能，发展效能不断提高。中通北方总部基地采用多层交叉带自动分拣设备，效率达8.5万件/小 时，包裹从卸车、分拣再到装车最快仅需10分钟。香河城乡快递智能共配中心引入菜鸟智慧管理系统 APP，可准确识别不同快递公司条码，完成仓储、扫码、共配一体化管理，大大提高了操作效率。40家 菜鸟驿站安装了无人托管系统，100余台无人快递车正式上路测试，无人快递车日运送快件1500件至 2000件，单件快递成本降低0.07-0.15元。 转自：廊坊日报 本报讯（记者 滕雪叶）近日，记者从市邮政管理局获悉，2025年，廊坊邮政行业寄递业务量完成22.96 亿件，同比增长28.81%；邮政行业业务收入完成129.06亿元，同比增长22.25%。其中，快递业务量完成 22.44亿件，同比增长30.63%。 2025年，我市邮政行业人均使用快递业务量达410件，位居全省第一，全国第七。全年支撑网上实物商 品零售额937.87亿元，为全市经济社会高质量发展贡献了坚实的行业力量。 从业务类型看，2025年，同城快递业务量累计完成16328.06万件，同比增长21.52%；异地快递业务量累 计完成208012.08 ...

活动现场，工作人员将精心准备的米面等生活物资逐一送到快递员工手中，并与快递员们围坐一堂，一同和 面、擀皮、包饺子，现场欢声笑语不断，温馨和谐的氛围感染着在场每一个人，让平日里奔波忙碌的快递从 业者，在忙碌之余感受到别样的陪伴与温暖。 图为工作人员和快递员工在一起包饺子。本报记者 杨雅淇 本报通讯员 刘亮 摄 本报讯（记者 杨雅淇 通讯员 刘雅娜）日前，共青团大城县委联合大城县税务局开展关爱快递员工主题活 动，为奔波在一线的快递员送上暖心关怀。 （来源：廊坊日报） 转自：廊坊日报 此次活动不仅为快递一线工作人员送去了物质上的关怀，更搭建起与新就业群体之间的暖心沟通桥梁，有效 拉近了彼此距离。下一步，大城县将持续聚焦新就业群体需求，推出更多暖心举措，切实提升快递员等新就 业群体的获得感、幸福感和归属感，让暖心关怀常伴一线劳动者左右。 ...

Group 1 - The discussion around whether express delivery services will be operational during the Spring Festival has garnered attention, with major companies like China Post, SF Express, and JD Logistics confirming they will maintain services during this period [1][2][3] - China Post will continue to provide services from February 15 to 23, allowing users to submit collection requests through various online channels, although there may be delays in collection and transportation times due to the holiday [2] - SF Express will implement a resource adjustment fee for certain shipments during the Spring Festival, charging between 0.1 to 1.5 yuan per kg for shipments over 20 kg from January 19 to February 15, and additional fees during the holiday period [2][4] Group 2 - YTO Express has announced it will ensure delivery services during the Spring Festival, with normal operations in most regions except for areas affected by third-party logistics disruptions or weather conditions [3] - JD Logistics is committed to providing stable logistics support during the Spring Festival, with its smart industrial park operating around the clock and a promise of same-day and next-day delivery services [4] - Other companies like Shentong Express and Zhongtong Express have also indicated they will adjust their operations based on local conditions, with Shentong suggesting users confirm specific delivery times to avoid disruptions [4]

全球市场综述 上周五，美国消费者信心创六个月新高，逢低买入推动美股周五反弹，标普涨近2%，创去年5月以来最 佳单日涨幅。美债收益率全线走高，10年期上行近3基点，2年期收益率涨5.54基点。美元日内跌0.3%， 但全周收涨0.56%、两周连涨。 贵金属再度上演V型反转。芝商所第六次对金银期货上调保证金后， 现货黄金开盘走低，最低触及 4655.57美元/盎司，随后持续上攻。周一亚市盘初，现货黄金重返5000美元上方，并在此后快速走高， 报5016.14美元/盎司，日内涨超1.1%。日经225指数CME期货走高，涨2.2%。 由于伊朗和美国在阿曼举行的间接谈判未能显著抑制投资者对两国爆发军事冲突的担忧，国际原油维持 区间震荡。WTI原油盘中曾两度站上64美元关口，但随后都有所回落，最终收涨0.59%，报63.53美元/ 桶；布伦特原油收涨0.74%，报67.54美元/桶。 在2月8日举行的日本众议院选举中，由自民党和日本维新会组成的执政联盟获得过半数议席。日本广播 协会发布的开票数据显示，自民党获得316个议席，日本维新会获得36个议席。在野党方面，由立宪民 主党和公明党共同组建的新党"中道改革联合"获得49个 ...

据CME"美联储观察"：美联储到3月降息25个基点的概率为19.9%，维持利率不变的概率为80.1%。美联 储到4月累计降息25个基点的概率为31.1%，维持利率不变的概率为65.2%，累计降息50个基点的概率为 3.7%。到6月累计降息25个基点的概率为51.1%。 01. 宏观要闻 1、央行公开市场净投放380亿元 央行今日开展1130亿元7天逆回购操作，操作利率为1.40%，与此前持平。因今日有750亿元7天期逆回 购到期，实现净投放380亿元。 2、日本众议院选举结果公布 据新华社消息，日本广播协会报道，在8日举行的日本众议院选举中，由自民党和日本维新会组成的执 政联盟获得过半数议席。 这意味着，日本动荡的金融市场如今必须应对由首相高市早苗继续领导政府的局面。在日元、日股和日 债市场，"高市行情"预计将卷土重来。 3、美联储3月维持利率不变的概率为80.1% 中国邮政、顺丰速运、京 东 物 流、德邦快递等多家快递企业在官网陆续发布公告，今年春节期间将全 力保障快件收发需求，积极调配运力、人力资源，服务"不打烊"。不过有些将收取"资源调节费"，时效 性也会稍微变慢。调配临时运输资源产生的合理成本，且所有 ...

Group 1: Company Overview - Nanya Technology (688519.SH) is expected to achieve revenues of 49.48 billion, 61.75 billion, and 73.41 billion CNY for the years 2025 to 2027, with net profits of 2.24 billion, 5.11 billion, and 7.83 billion CNY respectively, leading to a target market value of 229.80 billion CNY and a target price of 97.88 CNY for 2026, receiving a "Buy" rating [2][7]. - Shunxin Agriculture (000860.SZ) is projected to have revenues of 72.6 billion, 79.6 billion, and 86.7 billion CNY from 2025 to 2027, with net profits of -1.5 billion, 0.6 billion, and 1.7 billion CNY, reflecting a significant decline in 2025 but recovery in subsequent years, and is rated "Accumulate" [4][21]. Group 2: Industry Insights - The demand for high-end CCL (Copper Clad Laminate) is expected to grow significantly, with a projected CAGR of 40% from 2024 to 2027, driven by AI and high-frequency applications, although the market is currently dominated by a few key players [8][9]. - The white liquor industry is facing significant pressure, with production showing negative growth and a shift in consumer preferences towards quality over quantity, leading to intensified competition and a focus on value rather than scale [20][21]. - The asset tokenization market is entering a new era of compliance management, providing more diverse financing channels for companies with quality underlying assets, which may optimize their financing structures and enhance compliance credibility [15][17].

Investment Rating - The report assigns an "Accumulate" rating for the transportation industry [4]. Core Insights - The aviation sector is experiencing a strong demand during the Spring Festival travel season, with an upward trend in ticket prices expected to continue. The report suggests a long-term investment strategy based on a "super cycle" logic [3][4]. - In the oil shipping sector, freight rates remain high, with expectations for tanker profits to increase significantly year-on-year in Q1 2026, indicating a potential "super bull market" [3][4]. - The express delivery industry is anticipated to see a recovery in profitability, driven by a reduction in competitive pressure and a gradual increase in price levels [4]. Summary by Sections Aviation - The Spring Festival travel season officially began on February 2, 2026, with a year-on-year increase in passenger flow of 2% as of February 6, 2026. Air travel saw a 6% increase, while rail travel decreased by 1% [4][10]. - The report highlights that the aviation market's load factor and ticket prices are both showing positive year-on-year growth. The limited increase in train and bus services is expected to benefit airline revenue management [4]. - The report anticipates a significant improvement in airline profitability during the Spring Festival season, with Q1 2026 expected to show industry-wide profitability due to favorable ticket price trends and a decrease in oil prices [4]. Oil Shipping - The report notes that geopolitical tensions have kept shipping rates elevated, with tanker utilization rates remaining high since August 2025 due to increased oil production and stricter sanctions on Russian oil [4]. - The average freight rate for VLCCs (Very Large Crude Carriers) on the Middle East to China route has maintained above $120,000 per day [20]. - The report emphasizes that the oil shipping sector is not merely a short-term play on geopolitical events but has a long-term bullish outlook due to ongoing global oil production increases and the aging of tanker fleets [4]. Express Delivery - The report indicates that the express delivery sector is expected to see a recovery in profitability, with a year-on-year growth in parcel volume of 13.6% for 2025, although December's growth slowed to 2% due to high operational costs and a warm winter [4]. - The report highlights a narrowing decline in industry pricing, with December's average revenue per parcel decreasing by only 2% year-on-year, suggesting a potential easing of competitive pressures [4]. - The report recommends focusing on leading express companies that are optimizing their business structures and building differentiated competitive advantages, such as SF Express and ZTO Express [4].

地铁客流量之后，快递业务量也成为观测城市活力的晴雨表。 那么，2025年，谁才是中国快递第一城？先说结论：如果从快递处理量来看，广州是中国快递第一城，金华（义乌）排名第二，深圳排名 第三。 2025年，广州的快递处理量达到了218.98亿件，相当于深圳的1.82倍、上海的1.9倍、北京的2.6倍，堪称"全国最忙"的城市。 如果从快递业务收入来看，上海是中国快递第一城，广州排名第二，深圳排名第三。2025年，上海快递业务收入达到2713.3亿元，断层式 领先，比广州、深圳、北京三城的总和还多854亿元。 01 快递处理量排名： 广州第一、金华第二、深圳第三 所谓快递处理量=快递业务量+快递投递量。简言之，就是指某地区在一定时间内寄出去的快递（快递业务量）和收到的快递（快递投递 量）的总和。 近日，国家邮政局公布2025年邮政行业运行情况，揭晓了各大城市的快递业务量排名，这个排名是很权威的。 以下就是2025年中国内地快递处理量排名前50位城市： | 排名 | | 快递处理量 | 排名 | 切尔司 | 快递处理量 | | --- | --- | --- | --- | --- | --- | | | | (万件) ...

| 五、宏观信息 | | | --- | --- | | 春节长假将至，多家券商研究所发布关于春节行情的研判观点。"持股过节"是机构主流建议，其理由既来自对历史"春节效应"的复盘，也基于对当前经济 | | | 预期、流动性环境及风险偏好的综合评估。多家券商认为，节前要注重均衡与防御，节后聚焦成长与产业趋势。 | | | 本周全球市场大事不断！国内方面，中国1月CPI、PPI将于2月11日公布；新增贷款、社融等信贷数据有望出炉；2025年第四季度恒生指数系列检讨结果将于2 | | | 月13日公布；科技巨头春节红包大战持续。国际方面，延迟公布的美国1月非农就业和通胀数据重磅来袭；美国与伊朗拟进行新一轮谈判；戛纳世界人工智能 | | | 峰会将于2月12日举办。财报方面，麦当劳、可口可乐、中芯国际、网易等将披露最新财报。 | | | 特斯拉首席执行官埃隆·马斯克表示，未来3年内，太空将成为部署AI最具经济性的地点。马斯克认为，未来"仿真数字人类"将远超人类数量。在此背景 | | | 下，控制AI不是重点，当务之急是确保其价值观与人类文明延续目标一致。今年年内或实现AI对人类能力的全面数字化模拟，这将彻底改变许多行 ...

Industry Overview - The China Chemical Products Price Index (CCPI) is reported at 4120 points this week, showing a year-on-year decrease of 5.0% and a month-on-month increase of 1.1% [1] - The CCPI for the previous week was 4066 points, reflecting a year-on-year decline of 6.6% and a month-on-month decrease of 1.0% [1] - The domestic maritime shipping price for liquid chemicals was 168 RMB/ton, down 8.51% year-on-year and 0.62% month-on-month [1] Express Delivery - In December, the express delivery business volume increased by 2.3% year-on-year, with some companies benefiting from price increases due to reduced competition [2] - The total collection volume for postal express from January 26 to February 1 was approximately 4.541 billion pieces, up 60.8% year-on-year and 5.5% month-on-month [2] - The total delivery volume during the same period was about 4.477 billion pieces, reflecting a year-on-year increase of 18.7% and a month-on-month increase of 5.8% [2] - The State Post Bureau forecasts that by 2025, express delivery revenue will reach 1.5 trillion RMB, growing by 6.5% year-on-year [2] Logistics - DSV's integration of DB Schenker is progressing ahead of expectations, with completion anticipated by the end of 2026 [3] - The company is focusing on smart logistics, benefiting from improved demand [3] Aviation and Airports - The average daily flights nationwide decreased by 1.08% year-on-year, with domestic flights down 1.28% [4] - Brent crude oil futures settled at 67.55 USD/barrel, down 4.47% month-on-month and 11.07% year-on-year [4] - The domestic aviation kerosene ex-factory price (including tax) is 5334 RMB/ton, down 4.3% month-on-month and 12.7% year-on-year [4] - The airline sector is expected to see profit elasticity due to supply constraints from aircraft manufacturers and upstream component suppliers [4] Shipping - The container shipping price index (CCFI) is at 1122.15 points, down 4.5% month-on-month and 20.7% year-on-year [5] - The Shanghai Export Container Freight Index (SCFI) is at 1266.56 points, down 3.8% month-on-month and 33.2% year-on-year [5] - The crude oil transportation index (BDTI) increased by 2.1% month-on-month and 88.5% year-on-year, indicating a growing demand for oil transportation [5] - A recent agreement between the U.S. and India to halt Russian oil purchases is expected to boost oil transportation demand [5] Road and Rail Ports - Anhui Expressway completed the acquisition of Shandong Expressway, acquiring 7% of its total share capital at a price of 8.92 RMB/share, totaling 3.019 billion RMB [5] - The total number of freight vehicles on national highways reached 56.83 million, up 4.75% month-on-month and 506.12% year-on-year [5]