Core Insights - The global cross-border logistics market is projected to reach nearly 20 trillion RMB by 2025, indicating strong growth momentum [2] - Traditional shipping methods are undergoing significant transformation due to the rise of cross-border e-commerce and the demand for faster and safer transportation [2][3] - The emergence of truck-based logistics (referred to as "Kahao") is gaining traction, offering advantages over sea and air freight in terms of speed and cost [2][3][6] Industry Overview - The global cross-border logistics market is expected to grow from 13.3 trillion RMB in 2020 to 18.6 trillion RMB by 2024, with a compound annual growth rate (CAGR) of 8.75% [3] - The Chinese market is particularly strong, with an anticipated market size exceeding 2.71 trillion RMB by 2025, representing a year-on-year growth of over 20% [3] - Cross-border e-commerce logistics is projected to contribute over 1.5 trillion RMB, with an annual growth rate of 25% [3] Truck-Based Logistics (Kahao) - Kahao significantly reduces transportation time, taking only 19-25 days to deliver goods from China to Europe, compared to 45-55 days by sea [6] - The cost of Kahao is lower than air freight, which ranges from 20 to 67 RMB per kilogram, making it a cost-effective option [6] - The convenience of customs clearance is enhanced by China's participation in the TIR Convention, allowing for efficient border crossings without the need for cargo inspections [6] Company Profile: Zhongyi Lianda - Zhongyi Lianda specializes in cross-border logistics, focusing on routes to Europe, Central Asia, and the UK, serving various sectors including e-commerce and new energy vehicles [6][9] - The company has invested 30 million RMB in 2023 to acquire 50 specialized transport vehicles and has obtained TIR certification for international road transport [7] - Zhongyi Lianda has established a comprehensive service and safety assurance system, including a dedicated customs team and risk prevention measures [9] Future Development - Zhongyi Lianda aims to deepen its involvement in the cross-border logistics sector, enhancing collaboration with e-commerce and manufacturing companies [10] - The company plans to participate in industry exhibitions to expand its network and increase brand influence [10] - The global shift towards green transformation and the growth of high-value exports like new energy vehicles and photovoltaic products present new opportunities for the logistics market [11]