Group 1 - The announcement clarifies that express delivery companies must pay value-added tax (VAT) based on "collection and delivery services" for their income [1] - Express delivery services include the collection, sorting, transportation, and delivery of packages within a promised timeframe, excluding mere transportation services [1] - The definition of express delivery companies includes those legally permitted to operate express services and their registered branches and end service points [1] Group 2 - Taxpayers with qualifications for network freight transportation can deduct input tax for fuel and tolls used in their operations, provided they meet specific conditions [2] - Network freight transportation is defined as the integration of transportation resources via internet platforms, where the taxpayer assumes the carrier's responsibilities [3] - The announcement is effective immediately upon release, and previously unresolved matters will be handled according to this announcement [4]

Core Viewpoint - The Ministry of Finance and the State Taxation Administration have issued a notice clarifying the value-added tax (VAT) policies for express delivery services and network freight transportation [1] Group 1: VAT Policies for Express Delivery - Express delivery companies are required to pay VAT based on the income generated from providing express delivery services classified as "collection and delivery services" [1] Group 2: Network Freight Transportation - Taxpayers with qualifications for network freight transportation can deduct input tax from output tax for expenses related to fuel and tolls, provided they meet specific conditions [1] - The eligible expenses include fuel types such as refined oil, natural gas, electricity, hydrogen, dimethyl ether, methanol, and other vehicle fuels, as well as road, bridge, and lock tolls [1] - The conditions for deduction include that the expenses must be used for transportation services commissioned to actual carriers and that valid VAT deduction certificates must be obtained [1]

Group 1 - The stock price of Sichuan Jinding reached 9.50 yuan as of the close on August 5, 2025, reflecting a 0.64% increase from the previous trading day, with a trading volume of 1.95 billion yuan [1] - The price fluctuation range for the day was between 9.41 yuan and 9.53 yuan, with a turnover rate of 5.89% [1] - Sichuan Jinding's main business includes building materials, logistics, and online freight, with the building materials sector accounting for nearly 80% of its revenue [1] Group 2 - The company operates in sectors including cement building materials, new energy vehicles, and hydrogen energy [1] - On August 5, 2025, Sichuan Jinding held a board meeting to review the proposal for convening the second extraordinary general meeting of shareholders in 2025 [1] - On the same day, there was a net inflow of 4.0675 million yuan in main funds, although the overall trend over the past five trading days showed a net outflow of 60.113 million yuan [1]