Core Viewpoints - The company reported a significant increase in operating performance for the first half of 2025, with revenue reaching 7.865 billion yuan, a year-on-year growth of 12%, and a net profit attributable to shareholders of 15.21 million yuan, up 41% year-on-year [1] - The company launched the supply chain AI agent "Xiao Jin" and initiated the "Supply Chain + AI Ecosystem Alliance" to enhance its dual strategy of customer and ecosystem development, which is expected to benefit from the accelerated penetration of AI in the supply chain sector [1][2] - The company has a robust order backlog with new signed orders amounting to 9.476 billion yuan, representing a 98% year-on-year increase, laying a solid foundation for sustained business growth [1][2] Event Highlights - On September 25, the company released its mid-term report for 2025 [1] - On September 17, the company held the "Intelligent Chain Shenzhou.NextChain 2025 Smart Supply Chain Innovation Conference" in Kunshan [1] - On August 27, the company published its interim performance announcement for the six months ending June 30, 2025 [1] Business Performance - The company achieved a notable improvement in business performance, with a breakdown of revenue sources: big data products and solutions generated 1.43 billion yuan (18% of total revenue, up 12% year-on-year), software and operational services contributed 2.448 billion yuan (31%, up 13%), and traditional services accounted for 3.987 billion yuan (51%, up 11%) [1] - The company has established a comprehensive data intelligence solution, covering the entire business chain of "research, production, supply, sales, and service" through the "KingKoo Intelligent Chain" logistics model [1] Strategic Initiatives - The company is focusing on its "Customer Strategy + Ecosystem Strategy" to drive the acceleration of "AI for Process" [2] - The "Baby Plan" targets existing customers in key industries such as consumer electronics and retail, while the "Star Plan" aims to attract new clients, with strategic partnerships signed with four companies during the reporting period [2] - The company officially launched the "Supply Chain + AI Ecosystem Alliance" to foster an open and win-win smart supply chain ecosystem [2] Financial Projections - Revenue projections for 2025-2027 are estimated at 18.632 billion yuan, 20.687 billion yuan, and 22.889 billion yuan, with year-on-year growth rates of 11.86%, 11.03%, and 10.64% respectively [2] - Net profit attributable to shareholders is projected to reach 200 million yuan, 340 million yuan, and 472 million yuan for the same period, reflecting significant growth rates of 178.92%, 69.40%, and 39.12% respectively [2]

Core Insights - The strategic cooperation agreements signed between 科捷 and four well-known companies mark a significant step towards enhancing digital transformation and intelligent upgrades in key industries through customized smart supply chain solutions [1][3]. Group 1: Strategic Partnerships - 科捷 has entered into strategic partnerships with 联想至像, 健民医药, 绽妍生物, and 海蒂花园, each from different sectors, to leverage its advanced supply chain capabilities [1][3]. - The collaboration with 联想至像 aims to enhance the smart supply chain for office printing, utilizing a nationwide warehousing network and advanced data analytics [4][5]. - The partnership with 健民医药 focuses on optimizing the supply chain for health products, improving operational efficiency, and reducing delivery times [6]. - The agreement with 绽妍生物 seeks to create a comprehensive supply chain solution for the skincare industry, enhancing service precision across various sales channels [7]. - The collaboration with 海蒂花园 aims to innovate in smart agriculture, establishing a standardized operational system across the horticultural supply chain [8]. Group 2: Industry Impact - The partnerships signify 科捷's commitment to empowering key industry clients through its leading smart supply chain services, facilitating their digital transformation [3][8]. - Each collaboration is tailored to meet the specific needs of the respective industries, showcasing 科捷's ability to provide flexible and customized solutions [3][6][7]. - The strategic alliances are expected to drive efficiency and innovation across various sectors, including office printing, healthcare, skincare, and agriculture [4][6][8].

Core Insights - Shenzhou Holdings' subsidiary, KJ, signed strategic cooperation agreements with four industry leaders in various sectors, indicating a strong commitment to enhancing smart supply chain solutions [1] Group 1: Strategic Partnerships - KJ has partnered with Lenovo Zhixiang, Jianmin Pharmaceutical, Zhenyan Biotechnology, and Heidi Garden, representing sectors such as office printing, healthcare, skincare, and horticulture [1] - The collaboration aims to provide customized smart supply chain solutions tailored to the specific needs and characteristics of each industry [1] Group 2: Company Expertise - Shenzhou Holdings emphasized that KJ's extensive industry experience and deep technological foundation are key factors that ensure the reliability of these partnerships [1]