Core Viewpoint - The company achieved record half-year performance with revenue exceeding 10 billion yuan, driven by strong demand in local delivery services, particularly in food delivery and instant retail [1][3]. Group 1: Financial Performance - The company's revenue for the first half of the year grew by 48.8% year-on-year to 10.2 billion yuan (approximately 1.44 billion USD), marking the highest performance since its listing in 2021 [1]. - Net profit increased over 100% from 62.2 million yuan to 137 million yuan, with net profit margin rising from 0.9% to 1.3%, indicating improved cost efficiency and profitability [1]. Group 2: Business Operations - The company's same-city delivery business revenue rose by 43.1% year-on-year to 5.78 billion yuan, with B2B and B2C delivery revenues increasing by 55.4% and 12.7% respectively [3]. - The end delivery service revenue, which accounts for approximately 44% of total revenue, grew by 56.9% to 4.46 billion yuan, driven by rapid growth in e-commerce order deliveries and customer expansion [3]. Group 3: Strategic Initiatives - The company is collaborating with its parent company to create an integrated supply chain solution from warehousing and transportation to same-city instant delivery, aiming to broaden its customer base and enhance user loyalty [4]. - By adopting a light-asset model, the company has built a scalable rider network, achieving flexible and efficient operations, with 1.14 million active riders and over 300 unmanned vehicles deployed in more than 60 cities as of June [4].