标签： 上海后花园

() The operating comments of the Board of Directors in 2023 are as follows:

　　I. Discussion and analysis of business conditions

　　In 2023, all the ship and shore employees of the company closely focused on the working idea of "practicing the blueprint goal with value creation, taking the road of reform with integrity and innovation, setting sail again for a new journey and making contributions for 40 years" determined at the beginning of the year, and made overall plans to promote business management and safety production. In 2023, the company completed a container transportation volume of 2,134,500 TEUs, with an annual operating income of 5,266,128,800 yuan and a net profit of 742,544,400 yuan.

　　(A) with precision and efficiency as the core, to promote the construction of key projects.

　　First, the reform project landed smoothly. In the context of the implementation of the comprehensive registration system, the company officially landed on the main board of the Shanghai Stock Exchange on December 5, which made another important milestone in the company’s development. Second, digital intelligence shipping was effectively promoted. The company and Shanghai Ship Research and Design Institute successfully held the signing ceremony of 12 intelligent ship construction projects, which became a powerful starting point to enhance the company’s ship management level. With the help of intelligent management and control system, a good situation of ship-shore linkage and information sharing was formed. The third is the orderly implementation of capacity renewal. The first ship of four 1,900TEU Bangkok-type ships ordered by the company was successfully named and delivered, and successfully made its maiden voyage in Shanghai Port on October 12th. This ship was put into operation on Southeast Asian routes, which not only enriched the company’s capacity structure and scale, but also provided capacity guarantee for building quality services on Southeast Asian routes. By the end of the reporting period, the company had operated 48 ships, including 24 self-owned ships and 24 chartered ships, with a total capacity of 45,100 TEU. According to the data of international authoritative research institute Aphainer, the total capacity of the company ranks 7th in Chinese mainland container liner company and 34th in the world container liner company. During the year, the construction of 10,000TEU new containers was completed, and the service capacity of the company’s overall container team was improved. The fourth is to set up a network to advance in depth. The company continues to improve its overseas network setting and accelerate the pace of "going out" development. During the reporting period, the company set up a new self-operated outlet in Japan to further consolidate the service guarantee and market collection function for superior routes; In line with the layout of Southeast Asian routes,Self-operated outlets in Thailand and Vietnam have been set up successively, which not only extends the service tentacles, but also penetrates the concept of quality service into the Southeast Asian market. At the same time, with the help of the existing Manqiang shipping platform, the company has increased its self-operated function as an agent. By the end of the reporting period, the company has set up 14 domestic outlets including Shanghai, Qingdao, Dalian and Xiamen, and 13 overseas sales and service outlets involving Hong Kong, China, Taiwan, China, Japan and Viet Nam.

　　(B) to activate kinetic energy as the goal, and strive to improve the ability of operating efficiency.

　　First, the traditional route is stable and efficient. In terms of routes in Northeast Asia, the overall export quasi-shift rate of China-Japan routes maintained a leading position in the market, and the service capacity of boutique routes was further stabilized. In addition, the company officially launched the HDS(HotDeiveryService) fast delivery service in Dalian Port to meet the high-end service demand in the northern market, and the differentiated service capability was further highlighted. In terms of cross-strait routes, the company maintains a stable market share by adopting active market strategies; Through route optimization, the port services of Ningbo and Lianyungang ports have been increased. In 2023, the market share of the company’s Shanghai-Japan line market and cross-strait routes in Shanghai continued to be the first in the market. Second, the route expansion has progressed steadily. On the one hand, the company has opened up the South Korea-Indonesia route, simultaneously planned the extension of the boutique route structure, and jointly established the Haiphong Silk Road Express with Shanghai Port and trunk shipping company, and the products of this route won the award of "TOP30 Innovation Case of Port and Shipping Logistics Industry in 2023"; The company also launched Thai-Vietnamese Silk Road Express and added Cambodian port service to further deepen the influence of the company’s brand building in Southeast Asia and its customer service capabilities. The company’s two "Belt and Road" routes, Haiphong Silk Road Express and Taiyue Silk Road Express, have become the named routes of "Silk Road Shipping". On the other hand, the company has made great efforts to expand the Southeast Asian market, seek business innovation, and strive to tap the potential in special boxes and transit boxes, and achieved good results. The third is the extension of shipping logistics services, and the whole chain guarantees the main business operation. The company continues to develop products and promote business around water, iron and public logistics.Transport services such as rail transit and water transit have been steadily advanced. In terms of whole-process logistics, through the integrated utilization and optimized allocation of various resources in the shipping industry chain, relying on multi-platform and multi-type intermodal transport resources, the company strives to smooth the efficient connection of logistics transshipment modes, while providing supporting services for the main business sector, it promotes the steady increase of logistics extension containers, and further strengthens the company’s end-to-end logistics transportation capacity.

　　(3) With the aim of low-carbon and environmental protection, thoroughly implement the concept of green ships.

　　Combined with the monitoring and management of IMODCS energy consumption data and the coming into force of EEXI/CII Convention, we continued to do a good job in monitoring the carbon emission intensity (CII) of ships, and cooperated with Shanghai Ship Research and Design Institute to build a monitoring and early warning platform for CII of ships, which achieved good results. The new 1,900TEU series ships are equipped with shore power facilities and intelligent ship systems, which have been optimized and upgraded in terms of environmental protection, safe operation and intelligent management and control. The new ships delivered have obtained the i-SHIP intelligent ship logo issued by China Classification Society and obtained a high CII rating.

　　(D) Take risk management and control as the essence, and comprehensively build a risk management system.

　　Continue to carry out the economic responsibility audit of leaders of member units at home and abroad; Start the special inspection of the company’s related transactions, large capital transactions and other important matters for the first time; Carry out special risk assessment to achieve zero risk declaration; Follow up the risk prevention and control of major projects, important businesses and key nodes; Pay attention to the accounts receivable of enterprises.

　　(E) Building a harmonious home culture and promoting the high-quality development of enterprises.

　　First, in the process of deepening enterprise reform and development, we will unswervingly fulfill the political, economic and social responsibilities of state-owned enterprises, stimulate the pride of employees, and cultivate their spirit. The second is to strictly control the selection and employment of people politically and honestly, consolidate the construction of talent team, and help the company to draw a new chapter and develop with high quality. Hierarchical and echelon talent team construction has entered the specific implementation stage, relying on the talent training plan to carry out attachment training. Simultaneously improve the talent evaluation mechanism and strengthen the incentive and restraint mechanism. The third is to unite the strength of forging ahead and build a harmonious home. Insist on safeguarding the rights and interests of workers, win their trust, unite their strength, take the initiative to listen to their voices, focus on solving the practical problems that the workers are most concerned about, the most direct and the most realistic, and enhance their happiness.

　　

　　Ii. the industry in which the company is located during the reporting period.

　　(A) the international container shipping market

　　From the performance of the whole year of 2023, the demand growth of the international container shipping market is relatively weak. According to Carksons data, it is expected to increase by 0.4% year-on-year. However, the growth rate of the international container fleet continues to be high, and it is expected to increase by 8.2% year-on-year. The effective transportation capacity of different routes has shown a rapid increase. Affected by this, the average export container comprehensive freight index (CCFI) of China decreased by 66.4% year-on-year. Affected by the Panama Canal congestion and the Red Sea crisis, the container shipping freight rebounded slightly at the end of the year.

　　In recent years, the international container shipping market has developed rapidly as a whole. According to Carksons data, from 2002 to 2023, the total freight volume of international container shipping increased from 73.43 million TEU to 201.05 million TEU, with a compound annual growth rate of 4.91%. In 2023, the freight volume of the East-West route, the North-South route and the Asian route was 81.12 million TEU, 33.9 million TEU and 62.04 million TEU respectively, accounting for 40.35%, 16.86% and 30.86% of the total freight volume in the world respectively. In terms of freight volume growth, from 2002 to 2023, the annual growth rates of freight volume of east-west routes, north-south routes and Asian routes were 4.09%, 4.21% and 6.78% respectively. The intra-Asian routes are the fastest growing segments in the international container shipping market, so the proportion of freight volume is also increasing. Influenced by macro-economy, transportation cost, market supply and demand, the international container shipping price shows the characteristics of periodic fluctuation.

　　(B) The overall situation of the Asian container shipping market

　　In 2023, the Asian container shipping market is under pressure as a whole, and the market trends in different regions are slightly different. According to Carksons data, the intra-Asian container shipping trade volume decreased by 1.6% year-on-year. The pattern of container shipping market in Northeast Asia is relatively stable, and the competition in container shipping market in Southeast Asia is more intense, and the freight rate is relatively volatile. Affected by the slow recovery of demand, the callback of main route capacity and the acceleration of ship turnover, the freight rate of container routes from China to Southeast Asia dropped significantly. According to the Shanghai Export Container Freight Index (SCFI), the freight index from Shanghai to Southeast Asia (Singapore) dropped by 79.23% year-on-year. At the end of the year, due to the Red Sea crisis and the congestion of the Panama Canal, the freight rates of main routes in Asia showed an upward trend.

　　Generally speaking, Asia is still the fastest growing sub-region in the international container shipping industry. From 2002 to 2023, the annual growth rate of container transportation freight volume is expected to be 6.78%, which is significantly higher than the east-west route’s 4.09%, the north-south route’s 4.21% and the world average’s 4.91%. ASEAN has become a highland for global economic growth. According to the forecast of the Asian Development Bank, the economic growth rate of Southeast Asia is expected to be 4.3% in 2023, among which Indonesia, Vietnam, Malaysia and Cambodia have performed well. With the continuous improvement of infrastructure such as ports, waterways and roads in Southeast Asia in the future, RCEP is expected to promote the overall scale growth of intra-regional trade in Asia and effectively stimulate shipping demand.

　　

　　Iii. Business of the Company during the reporting period

　　Jinjiang Shipping is a comprehensive shipping company, mainly engaged in international and domestic maritime container transportation business, and has been deeply involved in Northeast Asia, Southeast Asia and domestic routes for many years. Adhering to the brand strategy, supported by the high accuracy rate of ships and relying on the special services such as HDS(HotDeiveryService), the company has built a number of boutique routes such as Shanghai Japan, Taicang Japan, Qingdao Japan and Dalian Japan, and realized the layout of "two centers" between China and Japan and "two-way radiation" among major ports in China and Southeast Asia. By the end of the reporting period, the company had operated 48 ships, including 24 self-owned ships and 24 chartered ships, with a total capacity of 45,100 TEU. According to the data of international authoritative research institute Aphainer, the total capacity of the company ranks 7th in Chinese mainland container liner company and 34th in the world container liner company. From 2020 to 2023, the market share of the company’s Shanghai-Japan route and Shanghai cross-strait route ranked first in the industry. On the basis of improving and strengthening the marine container transportation business, the company has thoroughly implemented the development strategy of "one main body and two wings", steadily expanded the value chain of the shipping industry, and actively built a comprehensive logistics service system to provide customers with diversified, differentiated and personalized services. The company upholds the core values of "community of honor, interests and destiny", follows the business philosophy of "customer first, honest management and excellent service", and inherits the corporate mission of "creating green shipping and enjoying convenient logistics". The company always focuses on its main business and constantly optimizes its business upgrade.Strive to seek management breakthroughs, fully develop corporate culture, continue to promote brand building, and strive to become a regional excellent shipping enterprise with container transportation as its core. The company enjoys a high reputation and influence in the industry, and has won the titles of "Shanghai Famous Trademark" and "Shanghai Famous Brand" for many years, and won many awards such as "Shanghai May 1st Labor Award" and "Safety and Integrity Company" of China Maritime Safety Administration. The company was awarded "National 5A-level Logistics Enterprise" and successively won the honors of China Freight Industry Award, Top Ten Container Liner Companies with Comprehensive Service, Best Container Liner Company with Window Service and Carrier Innovation Award.

　　

　　Iv. analysis of core competitiveness during the reporting period

　　(A) superior location advantages

　　Headquartered in Shanghai, the company mainly arranges international routes and domestic routes around Shanghai Port, with high route density and natural geographical development advantages. Shanghai is one of the regions with the fastest economic development, the highest degree of openness and the strongest innovation ability in China, the largest economic center city in China, the core city of the Yangtze River Delta urban agglomeration and an important international financial center city. Relying on the advantages of superior geographical location, developed economic hinterland and outstanding port scale, from 2020 to 2023, Shanghai ranked third in the comprehensive strength ranking of international shipping center cities, second only to Singapore and London. In order to further enhance the energy level of Shanghai International Shipping Center, the Shanghai Municipal People’s Government has compiled the 14th Five-Year Plan for the Construction of Shanghai International Shipping Center. From 2021 to 2025, Shanghai will exert the radiation effect of the shipping industry, strengthen the global shipping resource allocation capacity, promote the high-quality integrated development of port and shipping, and comprehensively enhance the soft power of shipping development, thus creating a more internationally competitive business environment for shipping enterprises. The company will have the opportunity to enjoy more location policy dividends. At the beginning of its establishment, the company undertook the heavy responsibility of revitalizing the local state-owned shipping industry in Shanghai, and realized the gathering of local state-owned shipping resources in Shanghai through the reform of state-owned assets and state-owned enterprises.

　　(B) the advantages of focused shipping network system

　　1. Liner routes focus on core markets.

　　The company’s liner routes mainly focus on the core market, and the route network reaches the domestic coastal areas, cross-strait areas, Northeast Asia, Southeast Asia and other major Asian offshore areas, and the route network and route schedule are stable and reliable. By December 31st, 2023, the company had operated 29 routes, supported by the high accuracy rate of ships and relying on the special services such as HDS(HotDeiveryService), and built a number of excellent routes such as Shanghai Japan, Taicang Japan, Qingdao Japan and Dalian Japan, and realized the layout of "two centers" between China and Japan and "two-way radiation" among major ports in China and Southeast Asia. At the same time, the company’s Shanghai-Japan route and Shanghai cross-strait route have higher schedule density, and its market share ranks first in the industry.

　　2. Supporting service outlets provide protection.

　　The company took the development step of "going out" earlier, and with the business development, the pace of setting up network at home and abroad was further accelerated. By the end of the reporting period, the company has set up 14 domestic outlets in Shanghai, Qingdao, Dalian, Tianjin, Xiamen, Wuhan, Nantong, Taicang, Chongqing, Wenzhou, Guangzhou, Lianyungang, Ningbo and Shenzhen, and 13 outlets in Hong Kong, China, Taiwan, China, Japan, South Korea, Vietnam, Thailand, the Philippines, India, Singapore, Malaysia, Brazil, Cambodia and Indonesia.

　　3. Integrated logistics extends the service chain

　　Focusing on the main business of container transportation, the company actively expands and extends the shipping logistics service chain, builds an industrial layout in which the whole process resources and business are linked with each other, and actively responds to the strategic layout of the country for promoting multimodal transport and adjusting the transportation structure. Taking the logistics center as the platform, the company integrates the company’s multimodal transport business, gathers the resources of each module and concentrates its efforts, and has successively launched logistics projects such as sea-rail combined transport and ICT (Inland Container Hub), providing customers with diversified, personalized and efficient logistics solutions by constantly developing and updating sites; Provide customers with door-to-door logistics and transportation services, and realize the synchronous improvement of logistics box volume in the whole process.

　　(C) service innovation and brand image advantages

　　The company adheres to the development concept of "customer first, honest management and excellent service", provides personalized and customized services based on customer needs, pursues excellent service quality, and reflects its core competitiveness and brand influence with high-quality services. By building a multi-level service model of boutique routes, HDS and SuperHDS, the company focused on customers’ needs for high-quality shipping segmentation, provided efficient maritime transportation solutions, and constantly improved its service capabilities to create greater value for customers, thus enhancing its brand influence in the market. According to the differentiated needs of customers, the company provides customers with special box transportation services such as clothes hangers and freezers, as well as special goods transportation services. The related special services further enhance customer satisfaction and improve the company’s market recognition.

　　The company has won the titles of "Shanghai Famous Trademark" and "Shanghai Famous Brand" for many years, and successively won the honors of "China Freight Industry Award", "Top Ten Container Liner Companies with Comprehensive Services", "Best Container Liner Company with Window Service" and "Carrier Innovation Award" in the industry.

　　(D) Advantages of advanced digital information management system

　　The company promotes the application of intelligent ship digital operation support system (DOSS system) in existing ships and new shipbuilding, which provides strong kinetic energy for the safe and stable operation of ships and helps the route service to a higher level. At the same time, relying on the global shipping business network (GSBN) data platform, we will further promote the expansion of blockchain technology innovation application scenarios and help enterprises accelerate digital transformation. The blockchain paperless bill exchange service of electronic bills of lading can be completed by launching one-click online at multiple ports. In addition, in the application of the Internet of Things, the company further promoted the development of refrigerated containers based on the Internet of Things, and configured the intelligent monitoring terminal equipment IBOX for refrigerated containers, which realized the visualization of the whole process of refrigerated container transportation and effectively ensured the safety and controllability of cargo transportation.

　　(E) Organizational structure and advantages of human resources

　　The company is committed to the modernization of the governance system, has an organizational structure that can adapt to the company’s business planning, and can provide a strong organizational guarantee for the realization of the company’s strategic goals and sustainable development. The company has continuously optimized its organizational structure and established an efficient and intensive document center to simultaneously improve its management and control capabilities and efficiency; At the same time, the company simultaneously promoted the financial sharing center and commercial audit center, and built a standardized data platform through the sharing concept of "high efficiency, unity and compatibility" to improve management efficiency and effectiveness. By constantly optimizing the organizational structure, the company builds a crew with appropriate scale, optimized structure and excellent quality, and improves the training mechanism of business and management talents, so as to achieve the goal of improving core competitiveness through optimizing the organizational structure and human resources in different dimensions.

　　(VI) Advantages of corporate culture and business philosophy

　　The company actively practices and constantly promotes the construction of corporate culture, firmly establishes the business philosophy of "customer first, honest management and excellent service" in its work, adheres to the core values of "community of honor, interests and destiny" in practice, and inherits and carries forward the corporate culture concept with shipping characteristics in the development of corporate vision, which strives to become a regional excellent shipping enterprise with container transportation as its core. The company’s corporate culture and business philosophy provide continuous endogenous power for enterprise development. At the same time, in order to promote the high-quality and sustainable development of enterprises, the company consistently adheres to the business philosophy of green development, and takes "creating green shipping and enjoying convenient logistics" as its corporate mission, and actively practices corporate social responsibility under the current "double carbon" background.

　　

　　V. Main operations during the reporting period

　　In 2023, the company achieved an operating income of 5,266,128,800 yuan, a year-on-year decrease of 23.01%; The net profit returned to the mother was 742,544,400 yuan, down 59.36% year-on-year, mainly due to the slowdown of global economic growth in 2023 and the changes in supply and demand in the container shipping market, which led to the decline in container transportation prices. The average value of China Export Container Freight Composite Index (CCFI), which is closely related to the company’s main business, decreased by 66.43% year-on-year. In the case of high performance base in the same period of last year, the company’s shipping business income decreased year-on-year, resulting in a decrease in the company’s current performance compared with the same period of last year.

　　

　　VI. The Company’s Discussion and Analysis on the Company’s Future Development

　　(A) the industry pattern and trends

　　1. Green and low carbon promote the transformation of container shipping industry.

　　In order to further promote the international maritime greenhouse gas emission reduction strategy, the 80th session of the Maritime Environmental Protection Committee of the International Maritime Organization (IMO) (MEPC80) in 2023 set the latest greenhouse gas emission reduction target for ships. By 2030, the total annual greenhouse gas emissions from international shipping will be reduced by at least 20% compared with 2008, and strive to reduce by 30%; By 2040, the total annual greenhouse gas emissions from international shipping will be reduced by at least 70% compared with 2008, and efforts will be made to reduce it by 80%; Reach the peak of international greenhouse gas (GHG) emissions by sea as soon as possible, and achieve zero net emissions around 2050. From the policy point of view, IMO’s short-term emission reduction measures were formally implemented at the beginning of the year, the revision of international and regional laws and regulations was further improved, and the influence of the EU carbon emissions trading system ETS was increasingly apparent; From the market point of view, the demand for replacement of alternative fuel ships has increased, and some shipping companies at home and abroad have started the new trend of building clean fuel-powered ships such as LNG and green methanol.

　　2. Digitalization injects into the development of container shipping industry ()

　　Under the background of digital economy, satellite communication, 5G network, big data, blockchain, cloud computing, AI and other technologies and applications have accelerated their popularization, which has promoted the digital transformation and upgrading of the container shipping industry. On the one hand, in line with the trend of digitalization and intelligence in the shipping field, the traditional container shipping business is facing the accelerated integration of "offline" and "online" business and the digital upgrade of customer service; On the other hand, continuous breakthroughs have been made in smart ports, digital ports, and smart logistics, which have driven the demand for digital upgrading of the whole container process and supply chain; In addition, the exploration of digital empowerment paths such as blockchain bills of lading at the front of containers is accelerated, which provides a new direction for the future digital transformation of containers. With the development and test of unmanned autonomous intelligent ships and the continuous improvement of fully automatic shipping technology, shipping wisdom can effectively improve the energy efficiency, safety and reliability of shipping, and reduce the operating costs of enterprises while improving the systematicness, accuracy and stability of shipping company management.

　　3. High-energy port hub will provide strong support for optimizing container shipping service capacity.

　　Port is the basic and pivotal facility of container shipping industry, and it is an important link in supply chain and industrial chain. A high-energy port hub can give full play to the service and support functions of the port. China attaches great importance to the construction of high-energy ports. The Ministry of Transport pointed out in the 14th Five-Year Development Plan of Water Transport that it will focus on international hub seaports and major ports, optimize the allocation of stock resources, expand the incremental supply of high quality, build high-energy port hubs, build a world-class port group, and strengthen the functions of international hub seaports, which will effectively enhance the connectivity of international hub seaports and improve the service capacity and radiation range of the shipping logistics chain. As an important fulcrum for China to build a high-energy port hub, Shanghai Port has made great efforts to promote the construction of Yangshan Phase IV automatic terminal and the reconstruction of container terminal in Luojing Port Area. With the empowerment of intelligence and informationization, it has greatly improved the port efficiency and shortened the stay time of goods in Hong Kong, providing strong support for comprehensively improving the shipping logistics service and support capabilities. At the same time, Shanghai Port will further strengthen the innovation drive, upgrade its energy level, and strive to build a world-class hub port; Strengthen the resource allocation capacity of international shipping hubs, and provide empty container services for shipping companies and customers in the region through the Northeast Asia Empty Container Dispatching Center, effectively improving the comprehensive service level of port shipping.

　　4. Multimodal transport will further optimize the comprehensive service capacity of container shipping supply chain.

　　Multi-modal transport is a kind of goods transport service that relies on the effective connection of two or more modes of transport and provides a whole-process integrated organization. It has the characteristics of long industrial chain, high resource utilization rate and good comprehensive benefits, and is of positive significance for promoting the logistics industry to reduce costs and increase efficiency, the green and low-carbon development of transportation and improving the modern comprehensive transportation system. With the promotion of integrated planning and construction of China’s port hub, the future port, other modes of transportation and logistics stations and other infrastructure will be planned and managed in a unified way. Improve the efficiency of port multimodal transport and the comprehensive service level of shipping logistics by coordinating the functions of intermodal transport, port, bonded and logistics. At the same time, relying on the development of multimodal transport and logistics integration, we can provide customers with various logistics services such as transportation, freight forwarding, warehousing and distribution, and the trend of integrated logistics services is becoming increasingly obvious.

　　(II) Company development strategy

　　Adhering to the development vision of becoming a "regional excellent shipping enterprise with container transportation as the core", the company adheres to the differentiated development model, and on the basis of improving and strengthening the marine container transportation business, it deeply implements the development strategy of "one master and two wings", steadily expands the value chain of the shipping industry, actively builds a comprehensive logistics service system, provides customers with diversified, differentiated and personalized services, and practices "creating green shipping and enjoying convenient logistics" through a steady and sustainable business model. In the future, the company will continue to focus on key business areas and seek high-quality innovation and development on the basis of giving full play to its existing advantages. Focusing on the main shipping industry, the company will further improve the international and domestic maritime container transportation business, firmly consolidate the brand effect of the company in the field of quality shipping services, strive to expand the value creation boundary of shipping logistics services, refine and enhance the management and professional service capabilities, and steadily build a high-quality shipping highland with excellent service, excellent management and excellent benefits.

　　(3) Business plan

　　In 2024, the company will adhere to the general tone of steady progress, start a new journey and a new starting point for the development of public companies in an all-round way, deeply understand the operation trend of the shipping market and the development law of the capital market, make overall plans for the domestic and international shipping markets, and pay close attention to it; We should not only look at the overall strategic situation and firmly implement the "14th Five-Year Plan", but also devote ourselves to developing a new bureau and take various measures to foster new development momentum and promote the company to achieve high-quality sustainable development.

　　The company’s business plan for 2024: the container transportation volume is 2.42 million TEU.

　　The main work measures to be taken to achieve the above objectives are planned:

　　1. Focus on the construction of three dimensions and deepen the driving force of reform.

　　First, the business dimension. On the one hand, according to the development requirements of listed companies and the company’s "Tenth Five-Year Plan" development plan, we plan and implement the business construction and development plan, stabilize the ballast stone of Northeast Asia route operation, make good use of the booster of Southeast Asia route operation, and lay a good combination of emerging regional route operation to enhance the company’s sustainable profitability. On the other hand, in combination with the scale of funds raised, we should coordinate the basic requirements of maximizing the interests of enterprises and refining the project construction, and implement fundraising projects in an orderly manner. We should carefully prepare for the application of green, low-carbon and intelligent technologies in new shipbuilding projects, and fully combine the renewal of old ships, market conditions and business needs to start the implementation of new ships and containers and intelligent ship transformation projects. Second, the institutional dimension, we should continue to optimize the construction of internal control system; Relying on perfect system norms, we should pay close attention to the key links of standardized governance of listed companies, and focus on all-round compliance control of corporate governance, related party transactions, information disclosure and other matters. Third, the dimension of talent construction. It is necessary to organize and implement the training plan for talents with management training and hierarchical and echelon training. At the same time, it is necessary to build a wide platform, explore the learning mode of employees’ foreign exchange, and activate the endogenous motivation of enterprises.

　　2. Focus on the main business operation and make precise efforts.

　　In the aspect of traditional airline operation, we will enhance the operational advantages of differentiated airline services. Northeast Asian routes should continue to implement brand strategy and enhance differentiated service capabilities; It is necessary to deepen the "dual-brand" integrated operation measures abroad and strive to improve the quality and efficiency of operations; It is necessary to strive for international transit of goods and provide support for the full completion of the target of container volume on the route. Cross-strait routes should focus on improving the loading rate, strengthening customer visits and market development, and maintaining a stable market share and container volume.

　　In terms of new route development, it is necessary to continuously enrich the "Silk Road Series" route products, promote the full release of brand effects in Southeast Asian routes, and create a highland of operational benefits for Southeast Asian routes from point to area; Plan the joint development of many regional routes, strengthen the circular design of routes connecting the three major navigation areas of Northeast Asia, East Asia and Southeast Asia, and realize the benign situation of complementary advantages, resource sharing and multi-linkage; We will steadily explore new areas and ports, make efforts to extend the service tentacles of routes, further enrich the layout of South Asia, expand the market cargo collection sector, expand hinterland resources, and promote the continuous improvement of route operation richness.

　　In terms of the cultivation of shipping format, we should continue to deepen the operation mode of "shipping+e-commerce", accelerate the construction and improvement of e-commerce online platform, and form new kinetic energy to promote the development of airline operations; At the same time, it is necessary to plan the promotion of e-commerce and product development at all ports.

　　3. Improve shipping logistics and gather together.

　　It is necessary to give full play to the efficiency of the resource gathering platform, integrate all kinds of resource elements in the logistics sector, further extend the main service chain based on the resource advantages of coordinated development, focus on improving end-to-end service capabilities, and actively explore and create logistics extension products that are integrated and promoted by "shipping+logistics", effectively increase customer stickiness and form new competitive advantages and profit growth points. The logistics extension business should be stably exported, and the hinterland at both ends of the route at home and abroad should be further extended to ensure the positive growth of transport containers. Port agents should follow up the route expansion in time, do a good job in the layout of self-operated outlets, fully stimulate the functions of their respective outlets, further explore the market frontier, strengthen market research and information collection, and help route management and logistics product development.

　　4. Focus on safe production and release development vitality.

　　It is necessary to do targeted inspection and guidance, and constantly improve the external inspection results of ships; It is necessary to continue to strengthen on-site safety inspections during important periods and major activities, and grasp the hidden dangers and rectification; We should continue to organize the rolling internal audit and external annual audit of the comprehensive management system. It is necessary to dynamically pay attention to the navigation of ships in new routes and new areas; It is necessary to strengthen the operational skills and management level of the crew at all levels on the ship’s electromechanical equipment, and make full use of the ship management function of the intelligent ship system to empower the management level.

　　5. Focus on management improvement and strengthen comprehensive strength.

　　Financial management: we should further promote the construction of the fund management system in accordance with the overall requirements of "visibility, control, flexibility and good use". Benchmark the financial control requirements of public companies, establish and improve financial functions and post settings at all levels, and constantly consolidate key links such as financial reporting, capital operation and tax management; It is necessary to promote the comprehensive operation of the financial sharing center. Internal control and risk management: we should continue to organize various audits and do a good job in the second half of the audit rectification; It is necessary to deeply participate in the company’s key projects and key processes, and implement the ideas of compliance management and risk control throughout the business.

　　6. Enhance the vitality of corporate culture, cultivate advantages and promote development.

　　First, we will continue to build a talent platform, enhance the sense of team honor and personal belonging in various ways, and further strengthen the responsibility and sense of ownership of the employees who contribute their talents to the high-quality development of the company. Second, we will continue to promote practical projects related to employees’ physical and mental health, enrich employees’ cultural life, carry forward healthy and enterprising team spirit, continuously improve employees’ satisfaction, and promote enterprise cohesion and centripetal force.

　　(4) Possible risks

　　1. Macroeconomic fluctuation risk

　　The demand of container shipping industry and the prosperity of the industry are highly correlated with the macroeconomic cycle. The fluctuation of world macro-economy and the change of global trade demand will have an impact on the downstream customer demand of the company, and then on the company’s operating conditions. The uncertainty of macroeconomic trend brings risks to the company’s future development. If there are periodic fluctuations in the macro economy in the short term in the future, the global import and export trade demand will change adversely, which may have an adverse impact on the company’s business development.

　　2. Risks caused by market competition

　　The company’s business is mainly container shipping, and there are many enterprises in the industry, including international shipping giants, large state-owned shipping enterprise groups and other small and medium-sized shipping enterprises. The market competition is becoming increasingly fierce. Although the company has established a stable and diversified customer base based on service quality, it will still face competition from competitors in the same industry in terms of route layout, transportation capacity and freight rate, and service quality.

　　3. Periodic risks of container shipping industry

　　Container shipping industry is a typical cyclical industry, which will be affected by macroeconomic cycle and industrial economic cycle fluctuations. In the future, if the industry economic cycle shows a downward or downturn trend, it will affect the demand and price level of container logistics, and then have a negative impact on the company’s performance.

　　4. Shipping safety risks

　　During the operation of the company’s container shipping business, there may be risks of damage or loss of containers and loaded goods due to natural disasters, force majeure or human negligence. In the event of a safety accident, the company may face risks such as compensation to relevant parties and damage to transportation tools. The company has purchased corresponding property insurance for its means of transportation according to the industry practice. If the accident compensation expenditure exceeds the insurance compensation amount, it will lead to the increase of the company’s cost and affect the company’s operating performance.

On March 19th, General Secretary of the Supreme Leader stressed during his inspection tour in Hunan that "it is necessary to build high-standard farmland, carry out moderate scale operation, and strengthen policy support and demonstration", "to make grain farmers rich, and then attract more farmers to participate in the development of modern agriculture, so as to truly make the road of agricultural modernization with China characteristics steady and solid".

In the Huang-Huai-Hai Plain, there is a good way to manage wheat in spring at jointing stage. Li Junye, a large grain grower in Lingcheng District, Dezhou City, Shandong Province, said: "This year’s wheat, agronomists made a field management plan early according to soil moisture, which saved us a lot of heart."

In the black land of Northeast China, rice in the preparation period ushered in new orders. Shen Guochun, deputy general manager of Heilongjiang Beidahuang Agricultural Co., Ltd. 856 Branch, said: "For more than 120,000 mu of paddy fields, the purchaser pays 150 yuan deposit in advance per mu, and after the autumn harvest, it is purchased at the contract price, and the growers are practical."

Strong management system is an important feature of a strong agricultural country. Looking at the front line of spring ploughing, all kinds of new agricultural business entities have shown their talents. 4 million family farms, more than 2.2 million farmers’ cooperatives have joined forces to lead farmers, and more than 1.07 million agricultural socialized service organizations have provided full-chain services, promoted improved varieties and green unified prevention and control, promoted standardized production, and promoted farmers to grow a variety of good crops, making the vast farmland full of vitality.

Vigorous foot

The main body of new agricultural management has accelerated its growth, and various forms of moderate scale operation have obvious advantages.

Agricultural modernization is inseparable from the innovation of production and management methods.

General Secretary of the Supreme Leader emphasized that "developing moderate scale management is the direction of modern agriculture" and "making the basic rural management system full of vitality all the time, and constantly creating favorable conditions for promoting the comprehensive revitalization of the countryside and realizing the modernization of agriculture and rural areas".

Hold the initiative of food security firmly in your own hands. Answering the question of "Who will plant the land" and speeding up the construction of a three-dimensional compound modern agricultural management system based on the family management of farmers, linked by cooperation and union, and supported by socialized services have laid a solid foundation for promoting the construction of a strong agricultural country.

Spring management is busy with spring ploughing, and all kinds of new agricultural management entities promote grain production to improve quality and efficiency.

Moderate scale operation will improve the benefit of growing grain.

"My family invested 3 mu of land to participate in the cooperative led by the village party branch, with a guaranteed income of 1,500 yuan a year and dividends at the end of the year, which does not delay going out to work." Zhang Xianfeng, a villager from Zhangjiawanghu Village, Puwang Town, yinan county, Shandong Province, said.

"After the wheat turned green, we kept moisture in time. Now the seedlings are strong and strong. It is expected that this year will be a bumper harvest year." Zhang Shengxiang, secretary of the Party branch of Wanghu Village in Zhangjia, said that the cooperative concentrated on purchasing agricultural materials, and the cost per mu was reduced by 142 yuan. The cooperative’s 226 mu of floodplain land was deeply ploughed and improved, and the low-yield floodplain land became a high-efficiency fertile land.

Innovate the management system and multiply the vitality in the field. In terms of the number of subjects, there are 542,000 grain cooperatives and 1.765 million grain family farms in China, and ordinary farmers account for more than 95% of the cooperative members. From the perspective of operating results, the annual operating income of cooperatives exceeds 630 billion yuan, and the total value of operating services provided to members exceeds 870 billion yuan.

Policies are put in place in time to amplify business advantages.

Mo Haiping, the person in charge, carefully inspected the growth of seedlings raised for farmers in the seedling center of Fengzhou Planting Professional Cooperative in Taosha Town, fengcheng city City, Jiangxi Province. "The policy is strong and the custody business is getting more and more prosperous." Mo Haiping said that in the past two years, the local government has increased its support for the construction of centralized seedling raising facilities, drying centers and other agricultural facilities. This year, the cooperative’s socialized seedling raising service area reached 5,000 mu.

Spring ploughing and preparation for ploughing, local agricultural and rural departments strengthen policy support and guidance services, and give full play to the advantages of scale, intensification, organization and specialization of new agricultural business entities. Ningbo City, Zhejiang Province, gives subsidies of about 400 yuan per mu to large-scale producers who plant more than 50 mu of rice and wheat or more than 20 mu of rape. Yanggu county supported 99 new agricultural business entities with a planting scale of over 100 mu to purchase self-propelled squeezers, and implemented the socialized service of "one spraying and three prevention" for 280,000 mu times, so as to promote the implementation of key technologies of spring management.

Adjustment of operation mode, optimization and upgrading of production.

In Gaozhuang Village, Chengxi Town, Ganyu District, Lianyungang City, Jiangsu Province, ridges with a width of many feet have been flattened, and wheat fields have become square and contiguous. "After the land transfer, it was unified and sorted out, which effectively solved the problem of fragmentation of cultivated land. Now large rotary tillers and harvesters can enter the field, and the efficiency of mechanized operation has been significantly improved. " Zhong Chongyu, deputy director of the Bureau of Agriculture, Rural Affairs and Social Affairs of Chengxi Town, said.

New agricultural management entities have played an important role in increasing the yield of major crops such as grain and oil in a large area. Based on the actual demand of spring ploughing production, all localities have accelerated the cultivation of new agricultural operators of grain and oil according to local conditions, encouraged new agricultural operators to develop smart agriculture, and applied modern information technologies such as the Internet of Things and big data, and intelligent terminals such as Beidou navigation and operation quality monitoring to guide new agricultural operators of grain and oil to innovate farming systems such as "grain+"compound planting and recycling.

Strong guarantee

Driven by multi-level services, promote the organic connection between small farmers and modern agriculture

The General Secretary of the Supreme Leader stressed that "the key point should be to solve the problem of how to plant the land well and accelerate the construction of a new agricultural management system" and "accelerate the improvement of the agricultural socialized service system to serve and drive small farmers well".

According to the data of the third national agricultural census, the number of small farmers in China accounts for more than 98% of the main agricultural operators, and the average household management scale is about 7.8 mu. "Big country small farmers" are still the basic agricultural conditions in China.

The first line of spring ploughing focuses on the key weak links in agricultural production and the actual production of small farmers. All localities continue to innovate service models and expand service areas, making it easier for farmers to grow grain.

-Support the continuous improvement of the protection system.

In Shuichi Village, Fangjia Town, Renshou County, Sichuan Province, the prevention and control of wheat diseases and insect pests is at the key node. "Agricultural insurance has alleviated worries for us." After dealing with the land for 8 years, Fan Kun, a grain grower, has become more and more emboldened. "This year, I bought full-cost insurance for both crops, and the government subsidized 75%. As long as an acre of wheat pays 4.76 yuan, the insured amount is 700 yuan."

Document No.1 of the Central Committee put forward a package of support policies of "price+subsidy+insurance" to ensure that farmers can earn and benefit from growing grain. Appropriately raise the minimum purchase price of wheat, continue to implement subsidies for the protection of cultivated land fertility and subsidies for corn and soybean producers, and achieve nationwide coverage of the three major staple food full cost insurance and planting income insurance policies … A series of policies to strengthen agriculture and benefit farmers have been introduced, constantly mobilizing farmers’ enthusiasm for growing grain.

-improving the quality and expanding the scope of socialized services.

"Lao Zhang, you have to help me plan the seedlings and soil testing formula fertilizer." Xie Shiying, a grain grower in Hezhuang Village, Taitou Township, Huaibin County, Henan Province, came to Huaibin Jinxiu Jianghuai Modern Agriculture Co., Ltd. early in the morning to sign an order agreement for machine transplanting rice seedlings. Feng Zhang, the person in charge of the company, said: "Our service has been continuously extended to prenatal and postpartum. This year, the service area is nearly 300,000 mu, and farmers can save about 16% per mu of agricultural investment."

Spring ploughing is very busy, and diversified socialized services provide strong support for grain production. At present, the service area of various agricultural socialized service subjects exceeds 1.97 billion mu, of which 1.47 billion mu, accounting for 75%, covers more than 91 million small farmers.

-new technology goes straight to small farmers.

"There are experts from the county agricultural technology extension center on-site support, from seed selection, fertilizer application to pest control. It is clear that the 4 mu of wheat planted this year is growing better than last year." Fang Chenglian, a grain grower in Longfeng Village, Longfeng Town, wangcang county City, Sichuan Province, said.

"The intercropping mode in Mi Dou and the scientific management technology in the whole growth period are very useful for increasing the yield of corn and soybean." In preparation for leisure, in Siping Agricultural Education Center, Jilin Province, a follow-up training for high-quality farmers made Zhou Jinling of Jiajiale Agricultural Machinery Planting Farmers’ Professional Cooperative in Siping City gain a lot.

Improving the scientific literacy of grain growers is related to the quality of grain production. The extensive use of information technology has effectively opened up the "last mile" of spring ploughing agricultural technology services. Since the beginning of the year, China Agricultural Technology Extension Information Service Platform has answered 46,000 questions about spring ploughing and preparation for ploughing online. According to the technical needs of different regions, the platform pushes personalized technical guidance and services for farmers by region, time and industry, helping the spring tube and spring ploughing to advance in an orderly manner.

Increase benefit

The efficiency and competitiveness of grain production have been continuously improved to ensure that grain farmers continue to benefit.

The General Secretary of the Supreme Leader emphasized that "we should promote the primary processing and intensive processing of agricultural products, extend the industrial chain and upgrade the value chain" and "we should explore the establishment of a more effective and long-term interest linkage mechanism to ensure the villagers continue to benefit".

Walking in the front line of spring ploughing, the reporter found that all localities are accelerating the extension of the grain industry chain and upgrading the value chain. From the field to the factory and then to the dining table, more and more "big granaries" have become "big kitchens", and the toughness of the grain industry chain has been continuously enhanced.

Aim at market demand and adjust planting structure.

"Varieties follow the market." Chen Bo, a grain grower in Xisheng Village, dongbei town, Zhongjiang County, Sichuan Province, said that 45 mu of wheat was planted, all of which are varieties with strong rust resistance and high yield. "The second-class and above wheat planted according to the green planting standard is purchased by the company at a price higher than the market price of 100 yuan per ton, and the income is guaranteed."

The planting structure is adjusted with the market, which effectively promotes agricultural efficiency and farmers’ income. Rapeseed with short growth period, processed high-quality strong gluten and weak gluten wheat suitable for making bread and cakes, green and high-quality glutinous rice … With the orderly promotion of spring ploughing, a series of new varieties adapted to processing and consumption demand landed in the field, which not only helped to improve grain yield and quality, but also provided consumers with more diversified choices.

Industrial integration empowers and builds a modern big industry.

In the fields of Qingfeng Village, Nandu Town, liyang city City, Jiangsu Province, the wheat waves are fluctuating with the wind, rape flowers are in full bloom, and a newly built Daoxiang Cultural Center stands not far away. "The grain industry has great potential for development." Wang Linsong, the person in charge of Suifeng Agricultural Science and Technology Co., Ltd., introduced that the construction of rice processing equipment and finished product cold storage has been completed, and at present, it is speeding up the improvement of popular science furnishings in the cultural center. During the flowering period of rapeseed and the peak season of rice seedling raising, leisure tourism and agricultural research projects will be carried out, which is expected to drive the village collective to increase income by 2 million yuan.

On the front line of spring ploughing, all localities and departments have stepped up efforts to consolidate the foundation of grain industry and cultivate the whole industry chain. Hundreds of millions of farmers have worked hard in the fields of hope, solidly promoted agricultural production in spring, made the agricultural foundation more stable, and made the rice bowl more secure. (Reporter Yu Jingxi You Yi)

Special feature of 1905 film network　"The road of life, the dream is like a long road, the wind and frost in the road, the wind and frost are dry, and in the red dust, how many directions does the dream have?"

　

An old song brings back countless memories. Released in 1987, it has become a classic Hong Kong movie in the hearts of countless fans. Thirty-three years later, the May 1st online movie adapted from this IP was launched, which caused a lot of discussion and even controversy.

　

According to the latest data revealed by Tencent video, the box office of the film reached 35.228 million after 14 days of release. In terms of word of mouth, 20,000 viewers gave an average score of 4.9 points on the Douban platform. It is worth mentioning that the production and publicity costs of the film have reached 20 million, which is a top match in the online movie market.

　

From the initial cost of tens of thousands and hundreds of thousands to the current investment of tens of millions, the cost of online movies is increasing. At the same time, the value of head online movies is also constantly setting a new record. Behind this, how much investment in online movies is relatively safe? In addition to the box office, can derivatives and overseas copyrights provide a profitable new continent for online movies?

Is Ghost Story: Human Love broken?

　

At present, the word "broken circle" is the highest praise of the media for the film drama synthesis, and it is also the ultimate pursuit of film and television works.This film Ghost Story: Human Love seems to be between broken and unbreakable. On the one hand, it did break some old prejudices of people to a certain extent, and brought some thoughts to the industry. On the other hand, its heat energy seemed to be sealed inside the film and television industry, which did not attract more passers-by to participate in the discussion.

　

It was released for 56 hours, the broadcast volume exceeded 100 million, and the box office of single platform in 10 days reached 30.438 million, all indicating that the market of the film was hot. According to Tencent’s video, the mainstream users of online movies on the platform are still mainly young male viewers. However, when we re-read the user data of films such as Ghost Story: Human Love, we found that these films have attracted a lot of young women to watch, which is related to the topic selection of online movies and its excellent production and improvement.

　

Judging from the movie reviews, there are many sentimental parties among the first audience. The audience base of classic IP has made this film get a lot of invisible dividends. In addition to the ratio of male to female, the number of douban scores of 20,000 people broke the impression that "people who play douban don’t watch the internet, and those who watch the internet don’t go to douban". This also shows that the film has attracted many incremental users outside the original audience circle to watch.

　

"The first circle is the traditional online movie users or member users. For example, some traditional cinema audiences never watch online movies, but he also watched this film; In addition, the influence, in the past, many films of our online movies stayed in the exchange between peers, but this film may have a greater response in the investment field, including cinema and script fields. " Liu Chaohui, the chief planner and producer, understands the film’s out of the loop.

　

The remake of classic movies has always been a coexistence of risks and opportunities. In the face of many netizens’ negative comments on casting and acting, Liu Chaohui felt surprised. He believes that "because an online movie is finally facing everyone’s comments with cinema standards." The out-of-circle here may refer more to the intersection of online movie audiences and cinema movie audiences.

　

　"It can’t break the circle, that is, at present, so far, it’s actually not a broken circle movie, because its users’ effective viewing volume is still relatively small compared with the huge cinema audience, but I believe that if its marketing efforts are stronger and the long tail effect is longer, it may become a successful broken circle movie." In an interview with China Film Report, industry insider Liu Xiangyu expressed his personal views.

　

Because the online movie payment cycle can be as long as six months, the film has a large room for box office growth in the later period. During the epidemic, the lack of May 1st cinema films and the accumulation of audience’s desire to watch movies were also important reasons for the high box office in the early stage.

　

Where is the comfort zone for online movie investment?

　

Since its birth in 2014, the mainstream impression of online movies to the outside world was once "poor and rough" and was nailed to the bottom of the contempt chain of the film and television industry by public opinion. In recent years, under the quality of online movies, it is not only the impression of the outside world and the box office, but also the cost. In addition to box office and word of mouth, the 40 million cost of Ghost Story: Human Love is another hot topic among netizens.

　

　

According to statistics, from 2014 to now, the cost of online movies has risen from 200,000 to 300,000 to 300,000. At the same time, the highest annual box office has risen from about one million to more than 50 million. So, where is the comfort zone for online movie investment?

　

"In fact, the higher the investment, the better. For an investment of 8 million to 10 million, its cost performance ratio is the highest, because its box office performance will basically be twice (cost), and its final box office will be 30 million to 40 million." Liu Xiangyu believes that the current investment of 8 million to 10 million in the online movie market is the safest.

　

At present, "Ghost Story: Human Love" is far from breaking even, and there is still a box office gap of about 5 million. Judging from the current word-of-mouth and box office trend, it is not a problem for the film to return to the original, and it is possible to create a new high in single-platform box office. Compared with "daoist magic", whose network broadcast broke through 53 million box office, its box office has higher gold content. From the perspective of investment, "its investment cost performance is not very high."

　

The production and marketing costs of the film are both 20 million. According to Liu Chaohui, the original marketing budget of Ghost Story: Human Love was only 5 million, and there were some objections from the team when the budget was increased.

　

"If we increase our marketing investment by 2 million to bring even 3.5 million benefits, then this kind of investment will last forever." Liu Chaohui explained that the purpose of increasing investment is to increase the marginal benefit of films. As far as the current effect is concerned, the related marketing of social platforms such as Tik Tok and Weibo has promoted the film’s market popularity.

　

In addition to the box office, high-quality online movies may have broader revenue channels. Liu Chaohui said that more than a dozen teams have come to negotiate the overseas copyright of the film. In addition, it is also possible to sell derivatives around head online movies in the future.

　

According to the "Insights of Online Movie Users — — According to China Online Movie Market Report in Q1, 2020, in the first quarter of 2020, the online movie box office TOP30 was divided into 430 million, with 23 films with box office exceeding 10 million, an increase of 188% compared with the same period of last year, and the ten million clubs got a box office of 370 million, an increase of 248%.

After years of development, while the quality, cost and sub-account box office of online movies are constantly in line with cinema movies, marketing ideas and revenue channels are also keeping up. The rules of the online movie market are being reshaped, and works that respect the content and audience can be seen by more people.

　　CCTV News:On the evening of October 10th, ZTO Express official WeChat published a Letter to Customers, which clearly indicated that ZTO Express Group decided to raise the express delivery price from now on due to the increase of transportation cost, labor cost and raw material price.

　　Zhongtong and Yunda successively announced price increases.

　　At present, Zhongtong has not announced the price increase in official website. The reporter asked ZTO Express by making an appointment for express delivery, and found that the price of an ordinary document from Nanchang, Jiangxi Province to Shanghai was raised from 10 yuan to 13 yuan, and the express delivery fee from Nanchang to Beijing was raised from 15 yuan to 18 yuan. In addition, the express fee from Nanchang to most parts of the country has also increased 3 yuan money.

　　Today, Yunda Express also released the "Customer Notice" announcing the price increase in official website, saying that due to the rising labor, materials and operating costs, the express price will be adjusted from now on.

　　Considering the close relationship between the "Tongda Department" express delivery companies, some analysts believe that the possibility of several other private express delivery companies to follow up the price increase is not ruled out.

　　Why the price increase? Rising labor costs and raw materials

　　In the price increase announcements of the two courier companies, it is mentioned that the price increase is affected by the "labor cost increase". In fact, as early as June 1 this year, Yuantong, Shentong, Zhongtong, Yunda, Best Express and Tiantian Express collectively raised the express delivery fee by 0.15 yuan/ticket on the original basis. Receiving and dispatching are the main income sources of express delivery outlets, and the increase of dispatching fees means the increase of labor costs.

　　For the collective dispatch fees of several express delivery companies, Xu Jianguo, vice president of Tiantian Express Network, once said that "this is an initiative that can stabilize the end staff and ensure customer needs."

　　At the beginning of the year, the media reported that many couriers switched to delivery in order to increase their income, which caused the loss of personnel in the express delivery industry. The popular saying that "couriers earn tens of thousands of dollars a month" has also been falsified by data: On April 28th this year, the "Survey Results of E-commerce Logistics and Express Employees in China in 2017" released by China Federation of Logistics and Purchasing showed that 74.6% of e-commerce logistics and express employees earned an average monthly income of 3,001-5,000 yuan, and 14.94% earned 5,001-6,000 yuan.

　　In addition to the increase in labor costs, the "rising price of raw materials" mentioned by Zhongtong and Yunda in the announcement actually refers to the rising price of cartons. Affected by rising prices of raw and auxiliary materials and decreasing supply, the price of packaging paper such as corrugated paper has more than doubled year-on-year, so the price of a carton has increased by 0.2 to 0.5 yuan.

　　After the announcement of the price increase, the share price of the courier company rose.

　　After the price increase was announced last night, the share price of ZTO Express listed in the US stock market rose by 5.6%, and its market value increased by 545 million US dollars a day (about 3.587 billion yuan). On the morning of October 11th, the share prices of four express delivery companies listed on the A-share market all rose, among which the share price of Yunda, which has publicly announced the price increase, rose the most. The total market value of five listed express delivery companies increased by 11.955 billion yuan.

　　Source: CCTV Finance, The Paper

　　On March 8, Lynk & Co announced the new car name internally codenamed DX11: Lynk & Co 08, which is Lynk & Co’s first full-array model powered by new energy technology. It is based on the CMA2.0 architecture, positioned as a mid-sized SUV, and provides a hybrid version. Lynk & Co 08 will be unveiled on March 30 and is expected to be officially launched within the year.

　　Lynk & Co 08 is the first production model of Lynk & Co’s new interpretation of urban opposition aesthetics, opening a new chapter in Lynk & Co’s design language. Lynk & Co 08 continues to break through on the basis of The Next Day design language, integrating technology and design.

　　The daytime running lights have evolved from the first generation of Lynk & Co’s design and are more powerful. The flatter and more graphic design makes the entire front face more accurate and modern. There is a lengthwise extension of the LOGO breathing light strip on both sides of the front of the car, which displays the breathing light effect as the vehicle charges, and flashes to welcome the customer when the user approaches the vehicle. The light strip integrates turn signals and cameras at the same time, and the clever integration design becomes the finishing touch of the whole vehicle.

　　On the basis of the neat all-in-one taillight design, red crystals are embedded, and the crystals flash and light up during the light flow. The interior is expected to use a floating central control screen, and more importantly, the DX11 is likely to become the first model of Meizu Flyme Auto. (Geely Lynk, photo courtesy)