2025-07-11 01:05Summary of the Conference Call on the Express Delivery Industry Industry Overview - The express delivery industry is experiencing a price competition relief in 2025, with a projected price drop of approximately 7% in the first half of the year, expected to narrow to 6% in the second half, particularly in regions like Yiwu and Chaoshan [1][13] - The industry is projected to handle over 205 billion parcels in 2025, with a growth rate of about 17.2% [2][13] Core Points and Arguments - Government Initiatives: The government is actively promoting measures to combat internal competition (反内卷), including the trial of number protection services by the Ministry of Industry and Information Technology to reduce data monopolies by e-commerce platforms [3][11] - Digital Management: Express companies are encouraged to optimize delivery costs through digital management and to stabilize their workforce while avoiding drastic price fluctuations [1][9] - Focus on Service Quality: The core of combating internal competition lies in breaking the data monopoly of e-commerce platforms, enhancing service quality through data circulation, and leveraging policy guidance [1][10] - High-Quality Development: Companies should delay reducing delivery fees to ensure the earnings of franchisees and couriers, while exploring international markets and factory logistics [9][12] - Technological Advancements: The use of unmanned vehicles and smart delivery stations is emphasized to reduce costs and improve efficiency [17][19] Important but Overlooked Content - Historical Context: Previous measures, such as the 2021 price increase discussions by the State Post Bureau, have shown that regulatory actions can stabilize prices, and this year’s approach is expected to be more rational and data-driven [6][7] - Market Dynamics: The express delivery market is shifting towards enhancing service quality and exploring new markets rather than engaging in fierce price wars [15][31] - Future Projections: The industry is expected to see a growth rate of 8% to 10% by 2026, indicating a balance between supply and demand, which will reduce the need for excessive capital expenditure [14][20] - Challenges in International Expansion: Companies face challenges such as building cross-border logistics networks and adapting to local markets when expanding internationally [28][30] Conclusion - The express delivery industry is transitioning towards a model focused on high-quality service and technological innovation, moving away from price wars. The government's supportive policies and the industry's adaptation to new technologies are crucial for sustainable growth and efficiency improvements in the coming years [19][32]