Core Viewpoint - The company, Tielong Logistics, clarifies that its special container logistics business does not possess monopolistic characteristics, despite being the only publicly listed railway container platform in the country [2]. Group 1: Business Overview - The main business of the company is special container logistics, which includes various types of containers such as dry bulk containers, refrigerated containers, liquid tank containers, cement containers, asphalt containers, and coil steel containers [2]. - The total container inventory of the company is approximately 150,000 units [2]. Group 2: Transportation Categories - The primary goods transported by the company include steel, coal, ores, soybeans, corn, liquid chemicals, wine, edible oil, fresh food, cement, and asphalt [2].

Core Viewpoint - The development of a multi-modal transport network in China, focusing on the integration of rail, sea, and road transport, is enhancing logistics efficiency and supporting economic growth. Group 1: Multi-Modal Transport Initiatives - The first multi-modal transport "single document" train carrying 3,000 tons of corn departed from Jilin Yushu Station, marking a significant step in enhancing logistics capabilities [1] - By 2024, all 40 planned railway logistics centers will be established, with over 340 direct express trains in operation and 165 logistics bases serving the entire country [1] - The introduction of 119 multi-modal transport "single document" products is expanding the railway freight market share, contributing to a stable logistics operation environment [1] Group 2: Innovation and Technology - The railway sector is innovating with 17 new types of containers designed for specific goods, improving logistics efficiency and reducing costs for businesses [2] - Digitalization efforts have led to over 90% adoption of electronic waybills and paperless customs clearance, enhancing settlement efficiency by 50% [2] - The frequency of China-Europe freight trains has increased, with 12 new routes added in Q1 2024, catering to diverse logistics needs [2] Group 3: Collaborative Efforts and Economic Impact - The integration of rail, water, road, and air transport has improved cargo handling efficiency by 40% at key terminals [3] - The railway's contribution to logistics has resulted in a 5.9% year-on-year increase in total social logistics, with logistics costs as a percentage of GDP continuing to decline [3] - The multi-modal transport system is facilitating the global reach of Chinese manufacturing, supporting economic circulation and modernization efforts [3]