Core Insights - Nanjing's foreign trade import and export value reached 451.05 billion yuan in the first ten months of the year, a year-on-year increase of 0.7%, accounting for 9.2% of the province's total [1] - The export value was 295.08 billion yuan, showing a growth of 5% [1] Group 1: Customs Innovations - Nanjing Customs introduced a new model allowing e-commerce companies to store domestic goods and bonded imported goods in the same warehouse, improving efficiency and customer experience [1] - The "same package, same vehicle" model has saved companies over 1.7 million yuan, reducing logistics, labor, and packaging costs by approximately 50% per order [2] - The number of AEO-certified enterprises in the region has increased to 81, the highest in the customs area, reflecting enhanced support for businesses [2] Group 2: Cross-Border E-commerce Growth - Nanjing Lukou Airport Customs reported a 6.74% year-on-year increase in cross-border e-commerce exports, totaling 18.6 thousand tons from January to October [3] - A one-stop processing center for cross-border e-commerce and international express is expected to be operational this year, aiming to streamline customs processes and reduce transfer times by 1-2 hours [4] Group 3: Shipping Efficiency - The "Nanjing-Shanghai" fast shipping route has been operational, significantly reducing transportation time for exports by 1-2 days [5] - Since the launch of the fast shipping route, 206,200 TEUs have been exported, covering various goods including home appliances and daily necessities [5] Group 4: International Logistics Expansion - Nanjing Customs has facilitated the opening of new ocean routes to South America and North Africa, enhancing the city's international logistics capabilities [6] - The customs authority has processed 173,000 tickets for river-sea combined transport and implemented direct loading and unloading for 3.236 million tons of goods, valued at 19.64 billion yuan [6]

天津海关辖区实现B类快件税款担保电子化 中新网天津11月25日电 (记者 王君妍)记者25日从天津海关获悉，招商银行天津分行为注册在天津空港 的天津越洋国际货运代理有限公司日前出具电子保函并在天津海关行邮税征管应用系统完成线上备案， 标志着寄递渠道B类快件税款担保功能在天津关区顺利上线。 该功能可实现B类快件税款担保备案、核扣、额度恢复等全流程线上办理，为从事个人自用物品跨境寄 递业务的企业带来"零跑腿、高效率"的通关新体验。 B类快件又称个人物品类进出境快件，是指境内收寄件人收取或交寄的个人自用物品，涵盖日用服装鞋 帽、化妆洗护用品、电子产品等多种品类，是跨境寄递业务的重要组成部分。 此前，快件运营人办理此类快件保函时，需要先由银行出具保函，再将纸质保函交由海关进行备 案。"以往，在银行出具保函后，需由银行派员将纸质保函线下送往海关进行备案，备案完成后方可用 于通关使用，中间往往会间隔1-2天的时间，现在通过线上备案的方式，仅需几分钟即可完成备案"天津 越洋国际货运代理有限公司总经理汪大津表示。 新模式下，海关系统可通过与银行联网校验担保凭证号，解决传统纸质保函核定真伪的问题，系统自动 验核额度，确保担保数 ...

智通财经APP讯，亚洲实业集团(01737)发布截至2025年9月30日止6个月的中期业绩，该公司取得收益约 2.28亿港元，同比减少26.56%;本公司拥有人应占期内亏损约1152.3万港元，去年同期溢利为7万港元;每 股亏损0.12港仙。 公告称，收益下降主要由于全球航空货运市场在上半年持续受宏观经济增长放缓、贸易流向变化及部分 航线需求减弱等因素影响，导致本集团空运货代地勤服务的整体货物处理量下降。 ...

亚洲实业集团(01737)发布截至2025年9月30日止6个月的中期业绩，该公司取得收益约2.28亿港元，同比 减少26.56%;本公司拥有人应占期内亏损约1152.3万港元，去年同期溢利为7万港元;每股亏损0.12港仙。 公告称，收益下降主要由于全球航空货运市场在上半年持续受宏观经济增长放缓、贸易流向变化及部分 航线需求减弱等因素影响，导致本集团空运货代地勤服务的整体货物处理量下降。 ...

格隆汇11月21日丨亚洲实业集团(01737.HK)公告，截至2025年9月30日止6个月中期业绩，集团的收入同 比减少约26.6%至回顾期约2.28亿港元。集团录得公司拥有人应占亏损及全面开支总额约1160万港元， 而截至2024年9月30日止6个月则录得公司拥有人应占溢利及全面收入总额约7万港元。由盈转亏的主要 原因是收入大幅下降，导致毛利显著减少。 回顾期内业绩下降主要由于全球航空货运市场在上半年持续受宏观经济增长放缓、贸易流向变化及部分 航线需求减弱等因素影响，导致集团空运货代地勤服务的整体货物处理量下降。 ...

The truckload spot market remained subdued in the third quarter and a modest peak season will likely keep a lid on rate increases in the fourth quarter, freight broker RXO outlined in its quarterly outlook released Thursday. However, the company said increased regulatory action targeting non-compliant CDL holders could tip the scales next year, ushering in “freight rate volatility.” RXO’s (NYSE: RXO) Curve report showed TL spot rates (excluding fuel) were up just 1.8% year over year in the third quarter – ...

Core Viewpoint - The company, 港仔机器人, has issued a profit warning indicating an expected increase in net losses for the upcoming interim period, primarily due to share-based payment expenses and losses from the sale of subsidiaries [1]. Financial Performance - The company anticipates a net loss attributable to shareholders of approximately HKD 59 million for the six months ending September 30, 2025, compared to a loss of about HKD 32.7 million for the same period in 2024 [1]. - The increase in losses is attributed to share-based payment expenses of approximately HKD 17.6 million and a net loss of about HKD 4.7 million from the sale of subsidiaries [1]. - After excluding the impact of share-based payments and subsidiary sales, the adjusted loss for the interim period is expected to be around HKD 36.7 million, a slight increase of approximately HKD 4 million compared to the previous year's adjusted loss of HKD 32.7 million [1]. Company Background - 港仔机器人集团控股有限公司 was established in Bermuda and listed in 1996, primarily engaged in international air and sea freight forwarding, logistics services, and trading of securities and commodities [1]. - The company has been expanding its financial services, including financing leasing in China since July 2015 and plans to develop its lending business in Hong Kong [1]. Stock Performance - The company has reported continuous losses since 2018, accumulating a total loss of HKD 740 million over seven years [2]. - The stock price has been on a downward trend since its second year of listing, reaching a record low of HKD 0.073 per share in September last year [2]. - Despite a brief surge in stock price to HKD 1.92 per share on June 9 this year, the upward momentum could not be sustained [2]. - As of November 20, the stock price has declined by 4.90%, trading at HKD 0.97 per share [3].

PresentationCrystal WoodsRegional Sales Ops - Northwest Region All right. It's 10:00. We'll get going if you're here for brushing up on the basics. You're in the right spot. If you don't mind going to the next slide, Rachel, that would be great. Thank you. All right. Thank you, everybody, for joining in this -- joining us this morning for our webinar. Webinar is going to run about 50 minutes and your cameras are off and your audio is muted. But if you have any questions, please feel free to put them in the ...

Core Viewpoint - Yongtai Logistics Co., Ltd. is expanding its business scope to include automobile sales and new energy vehicle sales, which requires approval from the shareholders' meeting [2][4][5]. Business Scope Changes - The company plans to add "automobile sales; new energy vehicle sales" to its business scope, pending approval from relevant authorities [2][4]. - The previous business scope included domestic and international freight forwarding, customs declaration, and various logistics services [3][4]. Corporate Governance - The company will revise its articles of association to reflect the changes in business scope and seek authorization from the shareholders' meeting for necessary registrations [5][6]. - The third board meeting on November 18, 2025, approved these changes, which will be submitted for further shareholder approval [2][5]. Shareholder Meeting Details - The eighth extraordinary shareholders' meeting is scheduled for December 5, 2025, to discuss the proposed changes [8][10]. - The meeting will include both on-site and online voting options for shareholders [11][12]. Daily Related Transactions - The company has approved an increase in the expected daily related transaction limit for 2025, which includes transactions with associated companies [29][32]. - The total expected daily related transactions for 2025 are projected to be no more than 78.5 million yuan, with specific increases for transactions with certain associated companies [30][32]. Foreign Exchange Derivatives - The company plans to engage in foreign exchange derivatives hedging to mitigate risks associated with currency fluctuations, with a limit of up to 80 million USD [48][49]. - The hedging activities will be funded from the company's own resources, ensuring no impact on operational funds [51][60].

Financial Data and Key Metrics Changes - Revenue for Q3 was $7.7 million, up 24% year-over-year [14] - Platform revenue was $2.6 million, up 15% year-over-year, while solutions revenue was $5.1 million, up 30% year-over-year [14] - Gross margin improved from 65% a year ago to 69.1% in Q3, with non-IFRS gross margin rising from 72.7% to 74.8% [16] - Adjusted EBITDA improved to -$2.6 million in Q3 2025 from -$2.8 million in Q3 last year [17] - Cash and short-term bank deposits at the end of the quarter were $30.6 million [18] Business Line Data and Key Metrics Changes - The company processed 429,000 transactions in Q3, up 27% year-on-year, marking the 23rd consecutive quarter of record transactions [4] - Unique buyer users were approximately 20,600, and the number of carriers with more than five bookings increased to 77 [4] - Solutions revenue growth was 30% year-on-year, but anticipated stronger growth was impacted by longer sales cycles due to tariffs and macroeconomic conditions [9][19] Market Data and Key Metrics Changes - Air cargo volumes increased by 4% compared to Q3 2024, despite headwinds from tariffs and changes to U.S. import regulations [5] - Average global air cargo rates decreased by 6% compared to Q3 last year [5] - The overall freight market is characterized by volatility and nervousness due to tariffs and macroeconomic uncertainty [6] Company Strategy and Development Direction - The company is focused on expanding airline coverage in Asia and expects further global expansion as smaller carriers leverage digital channels [5] - A strategic partnership with Visa and Transcard was announced, aimed at providing modern financing solutions for freight forwarders and importers/exporters [7] - The launch of the new multimodal rate management and quoting SaaS product, WebCargo Rate & Quote Ocean, is expected to enhance service offerings [8] Management's Comments on Operating Environment and Future Outlook - Management noted that while there is less uncertainty than earlier in the year, tariffs still create friction for imports to the U.S. [30] - The company anticipates meaningful revenue contribution from ocean bookings in the midterm, with significant growth expected by 2028 [41][44] - The focus remains on growing revenue and margins while maintaining operational efficiency to reach adjusted EBITDA break-even by Q4 2026 [18][21] Other Important Information - The company closed the quarter with a cash burn of about $10 million for 2025, compared to $15 million in 2024 [21] - The revenue mix has shifted, with platform revenue performing slightly better than initially expected, impacting overall profitability [20] Q&A Session Summary Question: Can you discuss the contribution margin and growth factors? - Management acknowledged a balance between growth and achieving break-even EBITDA, emphasizing efficiency improvements and potential AI-driven efficiencies [25][26] Question: How is tariff volatility affecting shipping volumes? - Management indicated that while there is some stabilization, uncertainty and higher tariffs still create friction for imports, impacting customer behavior [30][31] Question: Can you elaborate on market penetration and growth opportunities? - Management highlighted high penetration in Europe, moderate growth in the U.S., and low penetration in Asia, indicating significant growth potential in the latter [36] Question: What impact will the Visa partnership have? - The partnership is expected to enhance payment solutions, potentially increasing average take rates with airlines [40] Question: When will ocean bookings start contributing significantly to revenue? - Significant revenue from ocean bookings is not expected until 2028, with some contributions anticipated from solutions in 2026 [44][45] Question: What is the proportion of recurring versus non-recurring revenue in solutions? - The majority of solutions revenue is recurring, with non-recurring revenue not exceeding 5% [57][58]