Core Insights - SF Holding reported a total revenue of 27.007 billion yuan in September, marking an 8.78% year-on-year increase [1] - The express logistics business generated revenue of 20.854 billion yuan, up 14.21% year-on-year, with a business volume of 1.504 billion parcels, reflecting a 31.81% increase [1] - The company is enhancing its domestic market presence through customized logistics solutions that support local industry development [1] Domestic Market Development - SF Holding is focusing on key production areas in Shaanxi, establishing a "county-town-village" three-tier delivery service network to address local farmers' needs for nearby shipping [1] - The integration of logistics visualization technology and a multi-modal transport model combining cold chain land transport and air freight has improved the efficiency of fruit distribution from Shaanxi [1] - The company aims to expand its market share in fresh logistics by leveraging scenario-based logistics services and reusing cold chain capabilities [1] International Market Expansion - SF Holding is continuously enhancing its international logistics network, expanding air routes to strengthen cross-border service capabilities [2] - The fleet of SF Airlines has reached 90 all-cargo aircraft, covering domestic, Asian, European, and American markets [2] - The company is committed to providing high-quality air logistics services to global customers, contributing to the dual circulation development pattern in China [2] ESG Performance - SF Holding achieved a significant milestone with MSCI upgrading its ESG rating from "BBB" to "A," making it the first logistics company in China to receive this rating [2] - This recognition reflects the company's outstanding performance in environmental, social, and governance aspects, enhancing its brand credibility and reducing long-term operational risks [2] - Strong ESG performance is expected to support SF Holding's overseas business expansion and capital market performance, creating a positive cycle for the company's long-term investment value [2]