Core Viewpoint - The company is actively expanding its semiconductor and international logistics businesses, aiming to enhance service capabilities and optimize supply chain management while leveraging technological advancements for digital transformation [2][3][4][6]. Semiconductor Business - The company is expanding its customer base in the semiconductor sector and has established new partnerships with domestic and international semiconductor firms [2]. - It aims to provide rapid response services for lithography machine consignment and maintenance, focusing on integrated circuit manufacturing enterprises in the South China region [2]. - The company plans to enhance its supply chain management products and establish industry standards for consignment and maintenance services in the semiconductor equipment sector [2]. International Logistics - In the first half of 2025, the international logistics segment experienced a revenue increase of 329.56% year-on-year [2]. - The company is developing a comprehensive supply chain service network, integrating various transportation modes to improve logistics efficiency and resilience [2][3]. - Future plans include leveraging IoT and AI technologies to optimize logistics processes and enhance end-to-end service capabilities [2][4]. Global Expansion - The company is focusing on global expansion through strategic initiatives in regions such as the Belt and Road, Europe, Southeast Asia, and Central Asia [3]. - It aims to enhance its cross-border e-commerce capabilities and improve local operational efficiency to better serve international markets [3]. Digital Transformation - The company is investing in big data and AI to enhance logistics efficiency and service quality, with a focus on digital customs clearance services [4]. - Plans include increasing R&D investments in digital supply chain management to reduce costs and improve operational efficiency [4]. Self-built Warehousing Projects - The company is making progress in self-built warehousing projects in Chongqing and Kunming, which are expected to contribute positively to its performance [5]. - Ongoing projects in Shenzhen are aimed at serving the cross-border e-commerce and semiconductor industries [5]. Financial Performance - For the first half of 2025, the company reported a main revenue of 2.112 billion yuan, a year-on-year increase of 35.18%, while net profit decreased by 38.29% [6]. - The company attributes the disparity between revenue growth and net profit decline to non-recurring gains and seasonal factors in international logistics [6].

Group 1: Business Impact and Strategy - The easing of international tensions will reduce industry volatility, boosting international consumption and logistics demand, ultimately enhancing the stability of cross-border supply chains [1] - The company is accelerating its global supply chain service network layout, targeting emerging markets in Europe, Central Asia, the Middle East, and Latin America to mitigate single market risks [1] - The introduction of AI models and digital systems will enable real-time tracking of orders, inventory, and logistics dynamics, enhancing risk management across the supply chain [1] Group 2: Semiconductor Business Development - The company is focusing on strategic industry opportunities by providing around-the-clock rapid response services for lithography machine bonded warehousing and maintenance to integrated circuit manufacturers in South China [2] - Plans to expand the customer base and diversify supply chain management products are underway, alongside the establishment of a healthy after-sales service ecosystem for semiconductor equipment manufacturers in Shenzhen [2] Group 3: Performance Growth Factors - Last year's growth was driven by the expansion of cross-border e-commerce logistics and significant cost reduction and efficiency improvements [3] - The company capitalized on the growth opportunities in the cross-border e-commerce market by launching comprehensive supply chain service products tailored to e-commerce platforms and sellers [3] Group 4: Warehouse Construction Progress - The self-built warehouse projects in Chongqing and Kunming have been completed, while projects in Shenzhen are progressing smoothly [4] - Increasing the proportion of self-owned warehouses will reduce external leasing costs and enhance the quality of company performance [4] Group 5: Multimodal Transport Development - The company is actively participating in the construction of core hubs for international supply chain services, recently innovating a "rail-air intermodal" model connecting Guangzhou to Urumqi [5] - Future plans include integrating resources from China-Europe freight trains, TIR cross-border land transport, and international air freight to create flexible supply chain solutions [5]

Group 1: Company Performance and Growth - The company experienced significant growth due to the expansion of cross-border e-commerce logistics and cost reduction efforts, with a focus on the full-chain supply chain services for e-commerce platforms and sellers [2][3] - In the first quarter, the company maintained a revenue growth of 8.64%, despite a decrease in net profit primarily due to non-recurring gains and losses [4] - The "Yuexin Express" rail-air intermodal service was launched on April 18, with an expected operation of approximately 250 trips throughout the year, enhancing cross-border logistics capabilities [3][4] Group 2: Infrastructure and Logistics Development - The company has completed self-built warehousing projects in Chongqing and Kunming, with ongoing projects in Shenzhen, aimed at increasing the proportion of owned warehouses to reduce leasing costs [3] - The company is actively participating in the construction of international supply chain service hubs, integrating various transportation modes to enhance logistics resilience [3][6] Group 3: Strategic Initiatives and Future Plans - The company plans to expand its global footprint, focusing on regions such as Europe, Central Asia, and Latin America, while enhancing local operational capabilities [7][8] - Future considerations for employee stock ownership plans or equity incentives will be evaluated based on long-term development strategies and market conditions [8] - The company aims to leverage AI and digital systems for real-time tracking of orders and logistics, enhancing risk management across the supply chain [8] Group 4: Competitive Advantages - Core competitive advantages include mature digital supply chain applications, a global supply chain network, and a strong management team [5][6] - The company is committed to improving its gross profit margin by deepening collaborations with platforms and exploring new market opportunities [3][4]