HPF(SZ:300350)2025-11-20 10:06Group 1: Company Value Management - The company adheres to an intrinsic value-based market value management philosophy, focusing on governance structure improvement and operational performance enhancement to benefit shareholders [2] - There are currently no plans for share repurchase, but any future plans will be disclosed in accordance with regulations [3] Group 2: Business Innovations and Market Position - The "9610" innovative transportation model combines global customs facilitation (TIR) with cross-border e-commerce customs declaration (9610), addressing traditional logistics pain points of slow efficiency, high costs, and complex declarations [3] - This model leverages the growth of the Central Asia and Europe cross-border e-commerce market and the Belt and Road Initiative, providing cost-effective logistics solutions for small and medium-sized e-commerce businesses [3] Group 3: Market Trends and Future Plans - The company is closely monitoring low-altitude logistics policies and market potential, with plans to disclose any related business developments as required [3]