Core Insights - The company achieved a total revenue of 3.558 billion yuan in 2024, representing a year-on-year growth of 31.79%, with a net profit of 192 million yuan, up 20.50% [1] - Despite a modest increase of 2.01% in non-recurring net profit, significant advancements in cross-border e-commerce, international logistics, and healthcare sectors provided strong support for overall performance [1] Cross-Border E-Commerce Growth - The cross-border e-commerce logistics sector saw explosive growth, generating revenue of 1.698 billion yuan, a staggering increase of 1922.83% [4] - This remarkable growth was driven by the company's strategic expansion into international freight routes to Europe, the UK, and the US, as well as establishing high-standard warehousing facilities along the Belt and Road Initiative [4] - However, the profitability in this sector remains a concern, as the non-recurring net profit only grew by 2.01%, indicating a need for improved cost control and operational efficiency [4] Healthcare and Consumer Food Segments - In the healthcare sector, the company expanded its medical global center warehouse business, achieving revenue of 162 million yuan, a growth of 16.34% [5] - The growth in healthcare is steady but slower, suggesting further market expansion is necessary [5] - The consumer food segment performed strongly, with revenue reaching 370 million yuan, up 59.23%, as the company successfully developed local product export projects and built a national center warehouse for high-end imported wine [6] Digitalization and Globalization Strategy - The company made significant strides in digitalization and globalization, being one of the first AEO-certified enterprises, and implementing an AI-driven digital customs service platform [7] - The total operational warehouse area has exceeded 250,000 square meters, which is expected to reduce external leasing costs and improve operational quality [7] - The company is also focusing on building a cross-border multimodal transport product to enhance transportation efficiency and optimize costs, aiming to create a rapid freight logistics network covering Europe, North America, and Southeast Asia [7] Future Challenges - Despite the impressive achievements in 2024, the company faces challenges in balancing high investments in cross-border e-commerce with low profitability, as well as the slower growth in the healthcare sector [8] - Maintaining profitability while pursuing rapid expansion will be a key challenge for the company's future development [8]

Core Insights - The company, Dongfang Jiasheng, reported a significant increase in total revenue and net profit for the year 2024, driven by advancements in cross-border e-commerce logistics and other new business initiatives [1][2] Group 1: Financial Performance - The company achieved total revenue of 3.558 billion yuan, representing a year-on-year growth of 31.79% [1] - The net profit attributable to shareholders reached 192 million yuan, marking a year-on-year increase of 20.50% [1] Group 2: Business Development - In 2024, the company is focusing on opportunities in the cross-border e-commerce sector, expanding international freight routes to Europe, the UK, and the US, and establishing high-standard warehousing facilities in key logistics hubs [1] - Cross-border e-commerce revenue for the year was 1.698 billion yuan, showing a remarkable year-on-year growth of over 19 times [1] Group 3: Sector Collaborations - The company deepened collaborations with key clients in the semiconductor industry, providing rapid response services for semiconductor bonded warehousing and repair [1] - The company is also expanding its medical logistics strategy, enhancing its global center warehouse operations and supporting major medical testing clients with integrated logistics services [1] Group 4: Consumer Goods and Supply Chain - As a leading service provider in the high-end imported liquor supply chain, the company successfully expanded local product export projects and established a national center warehouse for high-end imported liquor in South China [2] - The company achieved revenue of 370 million yuan in the consumer food sector, reflecting a year-on-year growth of 59.23% [2] Group 5: Infrastructure and Innovation - The company is actively advancing its global supply chain service network, with completed projects in Chongqing and Kunming, and ongoing developments in Shenzhen [2] - Recent innovations include the creation of a "railway + air" multimodal transport route, integrating cross-border land transport and international air freight to enhance logistics support for businesses in the Guangdong-Hong Kong-Macao Greater Bay Area [2]