STO(SZ:002468)2024-09-26 15:16Cost Management - The average cost per package decreased to 1.97 CNY, down by 0.28 CNY year-on-year, attributed to effective cost control and economies of scale from increased package volume [1] - The company added nearly 300 high-capacity vehicles in the first half of the year, improving the loading rate by approximately 5 percentage points compared to the end of the previous year [1] - The company has implemented various measures to enhance sorting efficiency, including the introduction of small-item sliding sorting machines and narrow-belt sorters [2] Capacity Expansion - The company has executed a three-year investment plan of 10 billion CNY to enhance capacity, addressing previous shortfalls [2] - Daily processing capacity is expected to increase to over 75 million packages by the end of 2024, with a projected capacity increase of around 25% this year [2] - The company plans to maintain capital expenditure levels similar to the previous year while adjusting capacity planning based on industry growth and package volume [2] Business Growth - In the first half of the year, the company handled 10.23 billion packages, representing a year-on-year growth of 32.5% [3] - The company aims to enhance service quality and brand loyalty through various initiatives, including optimizing delivery processes and improving operational efficiency [3] - The company has significantly increased its small package business through improved processes and partnerships with third-party platforms [3] Digital Transformation - The company has invested in digital transformation, establishing a comprehensive digital system to enhance operational efficiency [4] - New systems and tools have been developed, including a mobile management system and an intelligent visual platform for real-time monitoring and management [4] - The integration of automated systems and digital platforms has improved operational efficiency and reduced costs, strengthening the company's competitive edge [4]