Core Viewpoint - The company, Li Qun Co., Ltd. (601366), aims to enhance its operational capabilities and profitability by focusing on three main business areas: commercial chain, logistics supply chain, and food industry [1] Group 1: Strategic Focus - The company will continue to anchor its strategic objectives and deepen its full industry chain operations [1] - There is an emphasis on improving service capabilities in the domestic market [1] Group 2: Operational Efficiency - The company plans to enhance its refined management level to reduce costs and increase efficiency [1] - Efforts will be made to improve profitability [1] Group 3: Investor Relations - The company will strengthen its market value management by implementing stable cash dividends and share buybacks to enhance investor returns [1] - There is a focus on promoting the conversion of convertible bonds into shares [1]

Core Insights - The "Value Qianxing" 2025 high-quality enterprise investment and financing roadshow focuses on strategic emerging industries such as AI, new energy, and ecological environmental protection [1][2] - The event featured presentations from various companies highlighting their core technological advantages, market prospects, and financing needs [1] Group 1: Participating Companies - Guizhou Oruixin Environmental Protection Co., Ltd. introduced its core technology in comprehensive treatment of filter press return liquid, achieving breakthroughs in solid waste disposal, wastewater treatment, and environmental pollution control [1] - Guizhou Fengmao Supply Chain Management Co., Ltd. focuses on the liquid inorganic chemical sector, utilizing digital management to enhance logistics services, including trade, transportation, warehousing, and freight forwarding [1] - Xidao Technology Co., Ltd. is expanding smart community governance through intelligent maintenance, AI elevators, and community traffic value-added services [1] Group 2: Investment and Collaboration - The event was attended by nearly 20 investment institutions, including Huachuang Securities, Qiansheng Fund, and Bank of China Guizhou Branch, facilitating professional discussions on technology routes, market expansion, and profit models [2] - The roadshow aims to match capital with industry needs, providing a growth acceleration path for quality enterprises [2] - The Guizhou Capital Market Service Center plans to implement a comprehensive service system of "roadshow + incubation + listing" to support more quality enterprises transitioning from "laboratory" to "capital market" [2]

Group 1 - The report highlights the steady growth in highway traffic volume, with a focus on the valuation recovery of H-shares and the systemic revaluation of A-shares, recommending specific stocks such as Zhejiang Huhangyong, Wantong Expressway, and Ninghu Expressway [3][4][32] - The railway passenger transport sector is experiencing structural changes in customer demographics, leading to a stable growth outlook, with a shift in valuation logic from PE to DCF and EV/EBITDA [3][4][56] - The railway freight sector is benefiting from the transformation of logistics and adjustments in railway freight pricing policies, with steady growth in freight volume and turnover, although the growth rate remains low [3][4][75] Group 2 - The logistics industry is being empowered by AI, which enhances traffic efficiency through the integration of traffic data models and optimization algorithms, allowing leading companies to expand their market share [3][4][105] - The report notes that the number of vehicles in China has reached 353 million by 2024, reflecting a year-on-year growth of 10.31%, indicating a robust demand for transportation services [5][11] - The report discusses the ongoing digital transformation in the railway sector, aiming for comprehensive digitization and intelligent upgrades by 2027, which will enhance operational efficiency [107][108]