03399 YUEYUN TRANS
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YUEYUN TRANS News
China Federation of Logistics and Purchasing: The total social logistics amount in the first three quarters of the country reached 258.2 trillion yuan, and the industry prosperity level is stable and trending towards improvement.
In the third quarter, the overall logistics costs of the whole society have been gradually reduced. Under the coordinated effects of stock and incremental policies, logistics operations continue to stabilize and rebound. Positive changes have occurred in indicators such as the total social logistics volume and total revenue of the logistics industry.
Hong Kong stock concept tracking | express delivery business peak season started, express logistics industry ushered in the busy period of november 11 shopping festival-related
The peak season for express delivery has arrived, branches are working overtime to cope with the first wave of november 11 shopping festival-related promotions.
Hong Kong Transportation and Logistics Bureau: Fully promote all measures in the policy address to further consolidate and enhance Hong Kong's position as an international shipping center.
Hong Kong Transport and Logistics Bureau will fully implement all the measures announced in the 2024 Policy Address, including actively promoting the development of smart ports, establishing green ship fueling centers, and developing high value-added marine transportation and specialized businesses.
State Post Bureau: In September 2024, China's express delivery development index was 442.5, an increase of 9% year-on-year.
According to the State Post Bureau's message on October 17, the express delivery development index of china in September 2024 was 442.5, a year-on-year increase of 9%.
Global Trade To Increase 2.7% In 2024: WTO
Guangdong Yueyun Transportation to Raise 100 Million Yuan From Disposal of Stake
Special Report: Marine transportation stocks as a whole are rebounding, with cosco shipping holdings announcing excellent performance, while Maersk and Hapag-Lloyd confirm they will continue to bypass the Cape of Good Hope.
Marine transportation stocks are collectively rebounding. As of the time of publication, cosco shipping holdings rose by 6.88% to HKD 12.12; sitc rose by 5.62% to HKD 20.3; ooil rose by 3.92% to HKD 106; cosco shipping development rose by 2.53% to HKD 8.93.
yueyun trans (03399.HK) plans to sell 51% equity of yueyun bright day for 99.61 million yuan.
Yueyun Trans (03399.HK) announced on October 9th, 2024, that the company entered into a property trade contract and supplementary agreement with Yangjiang Investment. Accordingly, Yangjiang Investment conditionally agreed to purchase and the company conditionally agreed to sell 51% equity held by Yueyun Langri, for a price of RMB 99.61 million. Yueyun Langri's main business is road passenger transportation. With the diversification of people's travel methods, the continuous increase in high-speed rail and light rail mileage in recent years, the continuous growth of private car numbers, changes in people's travel habits, the road passenger transportation market has been severely impacted. Passenger flow has sharply declined, affecting Yueyun Langri's business.
China Federation of Logistics and Purchasing: The e-commerce logistics index for September 2024 was 114.4 points.
China Federation of Logistics and Purchasing and jd.com jointly released the China e-commerce logistics index for September 2024, which was 114.4 points, up 0.2 points from the previous month.
China's e-commerce logistics index rose monthly to 114.4 in September.
The China Logistics and Purchasing Federation announced that the China E-commerce Logistics Indices for September showed that as consumer potential continues to be unleashed, online shopping activities are becoming more active, with the e-commerce logistics index continuing to rise month-on-month in September. The data shows that the e-commerce logistics index in China for September was 114.4, up 0.2 points month-on-month. Looking at the sub-indices, the total business volume index for e-commerce logistics continued to rise.
China Federation of Logistics and Purchasing: In September, the global manufacturing PMI was 48.8%
On October 6th, China Federation of Logistics and Purchasing announced that the global manufacturing PMI in September 2024 was 48.8%, a slight decrease of 0.1 percentage points from the previous month, hovering around 49% for the third consecutive month.
News Flash | Cosco Shipping Holdings rises over 4%, leading the shipping sector. Central bank interest rate cuts in various countries may boost international trade, and multiple disturbances affect the supply side of shipping.
Shipping and ports stocks continued to rebound recently. As of the time of publication, Cosco Shipping Holdings rose by 4.58%, Sinotrans Limited rose by 4.27%, OOIL rose by 2.11%, and Sitc rose by 3.29%.
In August, China's CSI Commodity Equity Index (CCEI) was 110.3 points, a month-on-month decrease of 3.6%.
The China Commodity Price Index (CBPI) released by the China Federation of Logistics and Purchasing in August 2024 was 110.3 points, a month-on-month decrease of 3.6% and a year-on-year decrease of 4.6%.
YUEYUN TRANS: Interim Report 2024
Guangdong Yueyun Transportation Posts 13% Higher H1 Profit
Yueyun Trans (03399.HK) achieved a mid-year net income attributable to the parent of approximately 0.139 billion yuan, a year-on-year increase of 13%.
Yueyun Trans (03399.HK) announced that the group's revenue for the six months ended June 30, 2024 was approximately RMB 3,674,663, an increase of approximately RMB 176,397 or 5% compared to the same period in 2023. The net income for the period was approximately RMB 135,604, a decrease of approximately RMB 8,488 or 6% compared to the same period in 2023. The net income attributable to the shareholders of the parent company for the period was approximately RMB 138,669, an increase of approximately RMB 16,035 or 13% compared to the same period in 2023.
YUEYUN TRANS: ANNOUNCEMENT OF 2024 INTERIM RESULTS
YUEYUN TRANS: NOTICE OF BOARD MEETING
China Logistics: In the first half of the year, the total social logistics of the country was 167.4 trillion yuan, a year-on-year increase of 5.8%.
On July 30th, the China Federation of Logistics and Purchasing released an analysis of logistics running from January to June 2024.
China Securities Co., Ltd.: The express delivery industry needs to break away from the framework of "headquarters quantity-price-profit" and the new flywheel sparks sustained development.
The express industry forms a "flywheel" based on the relationships formed during business operations among four main entities: headquarters, franchisees, express couriers, and direct customers. The smooth initial operation is due to the organizational agility brought by the franchise system and the price advantage under extreme cost, but in the long run, price wars are the "negative" product derived from the continuous operation of the express flywheel.
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