Core Insights - The "Two New" policy is enhancing the development opportunities for the express delivery industry, particularly in the context of the "old-for-new" consumption model, which is being supported by the expansion of domestic demand strategies [1][2][7] Group 1: Industry Trends - The express delivery sector is evolving from one-way delivery to a dual fulfillment model, integrating delivery and installation services, which enhances customer experience [3][9] - The introduction of new technologies and service models is crucial for meeting the demands of the "old-for-new" policy, with significant growth in logistics efficiency and service capabilities [4][5][8] Group 2: Business Growth - The express delivery industry has seen a substantial increase in business volume, with a reported 20% year-on-year growth in delivery volume for major companies like SF Express [7] - The "old-for-new" service has led to a 150% year-on-year increase in large appliance orders, indicating a strong market response to the policy [7][10] Group 3: Technological Integration - Companies are leveraging AI and data verification technologies to ensure the authenticity of subsidies and improve the customer signing experience, which has contributed to an 8.5% increase in online retail sales [5][6] - The establishment of a one-stop service model for "old-for-new" exchanges has streamlined the process, significantly enhancing customer satisfaction and operational efficiency [10][11] Group 4: Future Directions - The industry is encouraged to further optimize service networks and technology applications to support the ongoing expansion of the "old-for-new" initiative [11][12] - There is a push for enhanced collaboration between government and enterprises to facilitate the upgrade of "old-for-new" services, ensuring a more sustainable and efficient logistics framework [8][12]

Core Viewpoint - The express delivery industry is experiencing new opportunities for growth through the "old for new" consumption policy, which enhances service models and strengthens supply chain capabilities, as evidenced by the early achievement of delivering the 100 billionth express package in 2025, 35 days ahead of schedule compared to last year [1] Group 1: Service Model Evolution - The transition from one-way delivery to a dual fulfillment model, where new products are delivered and old ones are collected, reflects an upgrade in service capabilities [2][3] - The integration of delivery and installation services has become essential, requiring delivery personnel to possess multiple skills, including delivery, disassembly, and installation [3] - The introduction of a verification process during delivery ensures that subsidies for old-for-new exchanges are accurately distributed, enhancing customer experience and reducing return rates [4][5] Group 2: Business Growth and Demand - The expansion of the "old for new" policy has led to increased demand for home appliances and consumer electronics, driving a significant rise in delivery volumes [7] - In 2022, a major express delivery company reported over 20% year-on-year growth in cargo volume, with the "national subsidy" service covering a wide range of products and generating over 10 million new orders [7] - The proportion of large appliance orders related to "old for new" exchanges has exceeded 30%, with a year-on-year increase of 150% in the first half of the year [7] Group 3: Technological and Operational Innovations - The express delivery industry is shifting from low-value traditional services to high-value offerings, driven by the need for enhanced technical capabilities and service quality [8] - Companies are leveraging technology and efficient collaboration across the supply chain to support the growth of "old for new" services, with recommendations for optimizing integrated warehousing and distribution models [9][10] - The establishment of centralized processing warehouses for recycling and disposal is being implemented to streamline operations and improve the efficiency of the reverse logistics process [12][13] Group 4: Future Directions and Policy Support - The ongoing implementation of policies to stimulate domestic demand will require express delivery companies to further optimize their service networks and technological applications [14] - Future initiatives include enhancing urban networks and promoting the use of recyclable packaging in reverse logistics, aiming for high-quality industry development [14]

Core Viewpoint - The express delivery industry is experiencing new opportunities for growth due to the "two new" policy, which enhances the service of old-for-new consumer goods while optimizing service networks and technology applications [1][5]. Group 1: Service Model Evolution - The express delivery service is evolving from one-way delivery to a dual fulfillment model, integrating delivery and installation services [2]. - New logistics models for large items and advanced technologies for small item delivery are being implemented to meet the demands of the old-for-new policy [2][3]. - The introduction of a verification step in the delivery process is crucial for ensuring the authenticity of subsidies and enhancing customer experience [4]. Group 2: Business Growth and Transformation - The express delivery business is witnessing continuous growth driven by the expansion of the old-for-new policy, particularly in home appliances and consumer electronics [5][6]. - The proportion of large appliance old-for-new orders has increased significantly, with a year-on-year growth of 150% in the first half of the year [6]. - Companies are shifting from low-value traditional delivery services to high-value services that require advanced technology and skilled personnel [6][7]. Group 3: Supply Chain and Reverse Logistics - Efficient collaboration between upstream and downstream partners is essential for the successful implementation of the old-for-new service [7][9]. - New reverse logistics models are being developed to streamline the process of returning old items while delivering new ones, significantly improving customer experience [9][10]. - The establishment of central processing warehouses is being prioritized to enhance the efficiency of recycling and processing old appliances [10]. Group 4: Future Directions - The express delivery industry is encouraged to further optimize service networks and technology applications to support the ongoing expansion of the old-for-new policy [10]. - The promotion of recyclable packaging and the establishment of industry standards for reverse logistics are seen as key steps towards achieving high-quality development in the sector [10].