Company Overview - Jiacheng International closed at 11.88 yuan, down 1.49%, with a rolling PE ratio of 30.09 times and a total market value of 6.07 billion yuan [1] - The company ranks 34th in the logistics industry, which has an average PE ratio of 25.08 times and a median of 28.43 times [1] Shareholder Information - As of March 31, 2025, Jiacheng International had 13,554 shareholders, an increase of 544 from the previous period, with an average holding value of 352,800 yuan and an average holding of 27,600 shares per shareholder [1] Business Operations - Jiacheng International specializes in providing customized logistics solutions and integrated supply chain services for manufacturing clients [1] - The company utilizes automated logistics equipment and advanced logistics information management systems to offer personalized global logistics solutions, particularly for cross-border e-commerce businesses [1] - Services include smart warehousing, handling, packaging, transportation, collaborative distribution, processing, and logistics information transmission, supported by numerous patented logistics tools and technologies [1] Financial Performance - In the first quarter of 2025, the company reported revenue of 284 million yuan, a year-on-year decrease of 2.44%, and a net profit of 62.47 million yuan, down 4.47%, with a gross profit margin of 38.76% [2] - The company's PE ratio (TTM) is 30.09, compared to the industry average of 25.08 and the industry median of 28.43 [2]

Group 1 - The 2025 Zhejiang International E-commerce Expo was held in Yiwu, featuring over 2,200 international standard booths and covering more than 50,000 square meters, with eight major exhibition areas showcasing the latest e-commerce applications and services [1] - The expo attracted 1,182 domestic and foreign enterprises from various countries and regions, aiming to create a comprehensive international service platform for the global e-commerce industry [1] - Yiwu has seen rapid growth in cross-border e-commerce, achieving a transaction volume of 73.645 billion yuan in the first five months of this year, representing a year-on-year increase of 16.29% [4][5] Group 2 - The expo emphasized cross-border e-commerce, gathering major global platforms like Amazon, TikTok, and Walmart, and introducing nearly 20 international cross-border e-commerce platforms to help sellers reach the "Belt and Road" market [5] - Nearly 200 cross-border e-commerce service providers participated, covering logistics, overseas warehouses, and financial services, enhancing the cross-border e-commerce ecosystem [5] - The event featured a special area for global overseas warehouse and logistics solutions, showcasing diverse and compliant overseas warehouse networks to support small and medium-sized enterprises [5] Group 3 - Yiwu's e-commerce market is supported by a robust supply chain, attracting numerous influencers and sellers to source products, with about 80% of goods coming from industrial clusters and source factories [7] - The expo served as a "supermarket" for e-commerce sellers and influencers, facilitating direct sales and promoting the integration of local industries with cross-border e-commerce [7] - The event included a dedicated agricultural product exhibition area to enhance rural e-commerce development through digital sales channels [8] Group 4 - The expo aimed to connect potential buyers from emerging markets in Africa and Asia, inviting procurement teams from countries like Ethiopia and Nigeria to explore sourcing opportunities [9] - Innovative features like a "global good showcase" were introduced to connect quality products with global buyers, enhancing visibility for small and medium-sized sellers [9] - The event highlighted the use of AI and digital tools in e-commerce, with nearly 30,000 merchants in Yiwu utilizing various AI technologies for business operations [11] Group 5 - High-level forums were held to discuss the role of artificial intelligence and digital economy in empowering cross-border trade, focusing on sustainable development in the e-commerce sector [13] - The expo included multiple sessions for brand e-commerce platforms to facilitate deeper connections and collaborations among participating enterprises [13]

郑州5月29日电 (记者 阚力)2025郑州跨境电商大会29日在河南郑州举行，如何助力外贸产品拓内销，成 为与会行业协会代表、专家学者、知名跨境电商企业代表等关注的热点话题。 会议期间，相关协会和企业还联合发布外贸优品拓内销倡议，携手助力外贸产品拓内销。 此次活动采取线上线下结合形式，同步举办"丝路电商"国际合作对接会、跨境电商豫商合作对接会、跨 境电商航空货运创新发展对接会等三场专题活动，旨在促成多方对接资源、寻找新的行业增长点。(完) 【编辑:曹子健】 在大会现场，与会者围绕跨境电商发展趋势、产业数字化、物流枢纽打造等，共同探讨新形势下跨境电 商发展新路径。其中，外贸产品拓内销是热门话题。 中外企业家联合会联席主席龙永图表示，当前国际形势复杂严峻，外贸行业积极探索对外贸易一体化， 推动国内国际双循环发展。此次外贸优品中华行(河南站)活动就是采取的具体行动之一。 中国商业联合会会长姜明表示，拓展国内市场、促进内外贸联动发展，做好外贸产品拓内销的工作，已 成为有效应对措施。今年以来，该联合会积极出台商贸流通行业出口转内销的措施，发布外贸产品拓内 销倡议，积极组织各会员及相关单位加入"外贸优品内销采购团"等。 ...

Core Viewpoint - Aoki (Shenzhen) Cross-Border Commerce Co., Ltd. reported its 2024 annual performance, highlighting both growth in revenue and challenges in profitability, with net profit declining despite a significant revenue increase [1][7]. Financial Summary - Revenue for 2024 reached RMB 10.71 billion, a 23% increase from RMB 8.68 billion in 2023 [2]. - Net profit for 2024 was RMB 504.3 million, down 5.2% from RMB 532 million in 2023 [2][6]. - Gross profit for 2024 was RMB 3.30 billion, with a gross margin of 30.8%, down nearly 4 percentage points from 34.5% in 2023 [2][7]. Business Segments - The logistics solutions segment saw significant growth, with revenue of RMB 2.44 billion in 2024, a 47.7% increase from RMB 1.65 billion in 2023, contributing 22.8% to total revenue [4][5]. - Sales of furniture, home appliances, and related products generated RMB 6.74 billion, a 14.6% increase, accounting for 63% of total revenue [6]. - Sales of power tools surged by 113.6%, reaching RMB 741.7 million [6]. Challenges - The company faced a decline in overall product sales revenue, which fell to RMB 8.27 billion, a 17.6% decrease from the previous year [6]. - Gross margin for product sales decreased from 39.2% in 2023 to 36.2% in 2024, attributed to rising logistics costs [7]. - The company did not declare a final dividend for 2023 and 2024 but proposed a special dividend of RMB 0.25 per share, totaling approximately RMB 1.038 billion [7].