顺丰同城(09699)盘中涨超8%，截至发稿，涨6.09%，报14.29港元，成交额1.35亿港元。 消息面上，据中国邮政官网信息，9月初，中国邮政速递物流股份有限公司发布2025年无人车租赁集中 采购项目招标公告，总规模高达7000台创下行业纪录。值得注意的是，6月3日，顺丰同城宣布无人车运 营规模已增至200台，服务网络覆盖全国38个主要城市，5月全国月度活跃路线已突破万条，且已在跨城 公域、私域物流实现盈利。 交银国际发布研报称，顺丰同城上半年收入102亿元人民币，同比增49%，高于该机构预期16%，其中 同城/最后一公里配送业务分别增43%/57%，超预期得益于餐饮外卖和即时零售行业快速增长带来配送 需求增加。该行认为，顺丰同城仍是外卖补贴战的受益方之一，在未来补贴回归理性，业务空间仍大， 考虑到长期其与顺丰的业务协同持续加深，无人车配送规模化落地持续降低成本，该机构维持公司"买 入"评级，上调目标价至15.4港元。 ...

Group 1 - The "2025 Sino-German Intelligent Connected Vehicle Industry Collaborative Development Forum" was held in Nanjing, highlighting the city's role as a national pilot for "vehicle-road-cloud integration" and "dual intelligence" [1] - Nanjing has completed 15 intelligent connected application scenarios, covering areas such as smart public transport, sanitation, and travel, with plans to create an integrated smart hub in the Nanjing South Station area [1] - Daily operations of autonomous shuttle buses and smart parking services at Nanjing South Station have been reported, with over 20,000 daily active users on the "Ning Changxing" app for parking services [1] Group 2 - In the first half of the year, Nanjing's intelligent connected new energy vehicle industry chain achieved revenue of 136.7 billion yuan, a year-on-year increase of 7.4% [2] - Nearly 100 high-growth companies in areas such as autonomous driving, intelligent perception, and smart communication devices have been established in Nanjing [2] - The city plans to implement 14 application scenarios in the Nanjing South Station area, focusing on smart city governance and logistics, with a significant emphasis on air-ground collaborative transport [2]

Core Viewpoint - The competition in the food delivery industry is evolving from a price war to a more sustainable model that emphasizes technology, supply chain capabilities, and user experience rather than solely relying on subsidies and discounts [1][2][4]. Group 1: Regulatory Environment - Following discussions with the State Administration for Market Regulation, local market regulators are urging food delivery platforms to rectify their practices, particularly targeting chaotic price wars, such as the complete removal of "0 yuan purchase" promotions in Shanghai [1]. - The shift in focus from aggressive subsidies to more reasonable pricing strategies is necessary for the industry's long-term health [2]. Group 2: Competitive Strategies - The competition is expected to transition towards a systematic approach that integrates technology, supply chain efficiency, delivery effectiveness, and enhanced user experience [2]. - Platforms are encouraged to utilize data and AI to create differentiated subsidy strategies that consider the operational costs and capabilities of various merchants [2]. Group 3: Innovations and New Models - New initiatives like Meituan's "Raccoon Canteen" and JD's "Seven Fresh Kitchen" are emerging, leveraging their supply chain resources to connect high-quality dining brands with consumers, thus ensuring quality in food delivery [3]. - The industry is witnessing a resurgence in competition, with a focus on innovative solutions rather than just price reductions, as the market for instant retail in China expands [4].

据了解，顺丰同城除了为各大平台和商家提供即配服务，亦直接嵌入到物流各环节，以"最后一公里"服 务助力快递网络提升时效。同时，顺丰同城还为快递企业和物流服务商提供揽收、派件、转运等多环节 支撑，解决传统物流在高峰期自有运力紧张与单量增长不匹配的问题，通过仓配"接驳送"等方式实现半 日达、小时达等物流提速。 在运力筹备上，顺丰同城依托大数据预测、AI调度技术等在全国各地制定差异化、精细化运力方案， 并针对核心商圈、大型社区等订单密集区域，提前储备骑手，实现动态调整。同时，加大无人配送技术 应用，数据显示，顺丰同城已在全国38城投放无人车配送，无人车运营规模增至200台，全国月度活跃 路线突破万条，构建起"天地人"立体运力体系，有效提升极端订单峰值下的履约韧性与服务灵活性。 本报讯 （记者李春莲）今年"618"大促第一阶段已接近尾声，即时零售热度持续攀升。在此次大促中， 杭州顺丰同城实业股份有限公司（以下简称"顺丰同城"）以中立定位、全场景覆盖及与顺丰生态协同等 优势，成为品牌与平台构建即时零售生态的关键基础设施，并通过"无人车+骑士"等多元运力组合，优 化末端履约效率，为即时零售提供全链路支撑。 顺丰同城独立第三 ...