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Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
China's Logistics Sector Continues Growth Streak in November
gd-hkgba hldgs (01396.HK) intends to sell all of its shares in Fanri for 36 million Hong Kong dollars.
On December 4, Glorious Whole announced that gd-hkgba hldgs (01396.HK) signed a share transfer agreement related to the sale with Elegance Rich Global Limited on December 4, 2024. According to the share transfer agreement, the company conditionally agrees to sell, while the buyer conditionally agrees to purchase all the equity of the target company Fanri Limited and the equity of the subsidiaries held by the target company, for a price of HKD 36 million. After the completion of the sale, the group will no longer hold any equity in the target company, and the target group will no longer be part of the group.
Express News | Guangdong Hong Kong Greater Bay Area - to Dispose Entire Stake in Sail Day for HK$36 Mln
China's Air Freight Volume Climbs to New High in January-October
gd-hkgba hldgs (01396.HK): Kaiyuan Xinde resigns as the auditor.
GrandLong November 21st, gd-hkgba hldgs (01396.HK) announced that Deloitte Touche Tohmatsu Certified Public Accountants Limited ("Deloitte Touche Tohmatsu") has resigned as the company's auditor after considering multiple factors (including its available internal resources), effective as of November 21, 2024.
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