Air Freight and Logistics

STO released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 15.69 B (forecast CNY 15.69 B), actual EPS CNY 0.3 (forecast CNY 0.2995)

STO to release FY2025 earnings report on April 28 After-Market (BJT), forecast revenue CNY 54.39 B, EPS CNY 0.8497

STO FY2026 Q1 Earnings Release on April 28 During-Market (BJT)

STO released FY2025 annual earnings on April 14 After-Market (BJT), actual revenue CNY 55.59 B (forecast CNY 54.39 B), actual EPS CNY 0.92 (forecast CNY 0.8497)

STO released FY2025 Q4 earnings on April 14 After-Market (BJT), actual revenue CNY 17.02 B (forecast CNY 16.26 B), actual EPS CNY 0.4161 (forecast CNY 0.4382)

CATL Signs Strategic Agreement with STO Express to Promote Electric Logistics Trucks

Excellence Commercial Services Collaborates with STO Express to Manage Smart Logistics Parks

Jicang Phase III Private Equity Fund Established with a Capital of 1 Billion Yuan

STO released FY2025 9 Months Earnings on October 27 After-Market (BJT), actual revenue CNY 38.57 B, actual EPS CNY 0.4992

STO released FY2025 Q3 earnings on October 27 After-Market (BJT), actual revenue CNY 13.55 B (forecast CNY 15.65 B), actual EPS CNY 0.1987 (forecast CNY 0.3203)

STO to release FY2025 Q3 earnings on October 28 After-Market BJT, forecast revenue CNY 15.65 B, EPS CNY 0.3203

STO released FY2025 Q2 earnings on August 28 During-Market (BJT), actual revenue CNY 13.03 B (forecast CNY 13.3 B), actual EPS CNY 0.1404 (forecast CNY 0.1317)

STO released FY2025 Semi-Annual Earnings on August 28 During-Market (BJT), Actual Revenue CNY 25.02 B, Actual EPS CNY 0.3

STO to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

STO Express Acquires Cainiao's Daniao Logistics

Hubei Establishes 10 Billion Yuan Humanoid Robot Fund

STO Express Wins ESG New Benchmark Enterprise Award

STO's wholly-owned subsidiary plans to acquire 100% equity of Zhejiang Dano Logistics Technology Co., Ltd. for 362 million yuan

STO Express Reports 10.15% Increase in June 2025 Business Revenue

ZY Securities Maintains Buy Rating on Shentong Express

002468

STO released its performance preliminary report for 2025, expecting total operating revenue to be 55.586 billion yuan, a year-on-year increase of 17.84%; net profit to be 1.369 billion yuan, a year-on-year increase of 31.63%. The express delivery volume reached 26.139 billion pieces, with a market share of 13.14%, an increase of 0.16 percentage points. The express delivery industry as a whole continues to maintain rapid growth, with the annual business scale reaching a new high

Donews

STO's net profit in 2025 is 1.369 billion yuan, a year-on-year increase of 31.63%

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Recently, the number of convertible bond issuance plans by listed companies has surged, with both the proposed volume and scale increasing. As of April 7, 23 listed companies have released convertible bond plans, with a total proposed scale of 32.934 billion yuan. Companies such as Sugon, ZMJ, and STO plan to issue amounts not exceeding 8 billion yuan, 4.35 billion yuan, and 3 billion yuan, respectively. Experts point out that the new refinancing regulations are the primary driver, as policy support for sci-tech enterprises and the rising financing demand in the technology industry have bolstered the willingness of high-quality companies to finance

Wallstreetcn

China Southern CSI Semiconductor Industry Custom ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

ChinaAMC Guozheng Semiconductor Chip ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Tianhong CSI Computer Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Guotai CSI Computer Theme ETF

Policy Support Measures Drive Up Convertible Bond Issuance

03750

CATL has signed a strategic agreement with STO Express to electrify logistics trucks and develop charging and battery swap facilities. The partnership aims to reduce fuel costs in the express delivery industry by promoting fleet electrification and enhancing battery management. CATL plans to expand its battery swap stations from 300 to 900 by 2026, focusing on key economic regions in China. This initiative is expected to improve energy efficiency and alleviate range anxiety for electric trucks, contributing to greener logistics solutions.

CnEVPost

CATL

CATL signs deal with Chinese express giant to electrify delivery trucks

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The express delivery industry is ushering in price adjustments, with 5 express companies jointly issuing a price adjustment notice, making Guizhou the first province to complete the price adjustment. The reason for the adjustment is the increase in transportation costs caused by rising oil prices. In the Guizhou region, the per-ticket fee for express delivery has been raised by 0.05 yuan, and the minimum charging standard has increased to 1.2 yuan per ticket. This price increase is a continuation of the industry's price recovery trend since 2025, with base prices for express delivery in multiple regions being raised successively

YUNDA Corp.

SF Holding

China Southern CNI Transportation Industry ETF

ChinaAMC CSI All Share Transportation ETF

Fullgoal CSI Modern Logistics ETF

ZTO EXPRESS-W

Yinhua CSI Modern Logistics ETF

5 Express Companies Jointly Adjust Prices, Industry Bids Farewell to Low-Price "Involution"

Five major Chinese courier firms, including ZTO Express and STO Express, have raised delivery service fees by 8-9% due to rising crude oil prices. This increase, which has spread across southwestern China, may be adopted nationwide by next quarter. While the fee hikes have boosted outlet revenues, the impact on delivery workers remains uncertain. Experts suggest that the industry must shift from price competition to ensuring profit margins for sustainable growth, emphasizing the need for better management and balance among stakeholders.

- Five major Chinese courier firms, including ZTO Express and STO Express, are raising delivery service fees due to increased crude oil prices, with adjustments spreading across southwestern China.  
- The fee increases, averaging about 8 percent to 9 percent per parcel, are being tailored to local conditions and customer acceptance, although their overall impact on the industry is expected to be limited.  
- Experts indicate that higher oil prices and other operating costs are driving this trend, emphasizing the need for the industry to shift away from price competition to ensure sustainable growth.

Yicai

ZTO Express

China’s Courier Giants Expand Delivery Fee Increases in Southwest China

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In the past two months, the volume of express delivery services in China's postal industry exceeded 33 billion pieces, and the market size of the industry is steadily growing. According to the latest data from the State Post Bureau, from January to February, the cumulative volume of express delivery services in the postal industry reached 33.14 billion pieces, a year-on-year increase of 5.6%. Among them, the cumulative volume of express delivery services reached 30.49 billion pieces, a year-on-year increase of 7.1%

JD LOGISTICS

SF HOLDING

SF INTRA-CITY

In the past two months, the volume of delivery services in China's postal industry exceeded 33 billion pieces

STO announced that during the Spring Festival period (from February 13 to February 22), it will cancel multiple assessment criteria for its outlets, including outbound shipments, frequency, untimely interceptions, and misallocations, and will lower the incentive threshold and extend the incentive period to allow more frontline personnel to enjoy Spring Festival benefits

STO: During the Spring Festival, canceled multiple assessments for frontline employees, lowered incentive thresholds, and extended incentive periods

According to domestic media reports, e-commerce in mainland China has launched New Year goods promotions, and the express delivery industry has entered its peak season ahead of schedule. Recently, STO has seen a rapid increase in the volume of express orders, exceeding last year's daily average level by 20%. In response to the characteristics of this year's New Year goods festival, which include "large order volume and long duration," STO started special preparations two months in advance. A total of 76 directly affiliated transfer centers across the country have entered a normalized peak operation mode, utilizing a self-developed intelligent system to adjust transportation capacity in real-time, ensuring the stability of the entire logistics chain's timeliness under extreme weather and order volume fluctuations

AASTOCKS

Mainland China launches New Year goods promotion, STO's daily order volume recently increased by 20% compared to last year

STO(002468.SZ)