The Barbaric Growth Of China'S Express Industry Will Finally Enter A Completely New Stage.
In the past few years, the private courier companies that have been fighting for the past few years seem to have lost the power to change the market structure. They have been fighting aimlessly in the increasingly severe competitive environment and gradually decreasing profits in a consistent way. Or like SF EXPRESS, they try to extend the industrial chain and category in a new way. But how to fundamentally build a modern logistics system and create an ambitious ambition such as "FedEx" in China seems to be fading away.
Today, the capital market has brought new opportunities, and the chance of success can still be seen under the opportunity of seating rearrangement.
Since 2015, the State Council issued several opinions on promoting the development of the express industry, and made an estimate of 800 billion yuan for the domestic express delivery market space, who would be able to take advantage of the success of the capital market card would be more hopeful to occupy a favorable position in the market which still has huge room for growth. That is why almost all the courier companies overnight "target" the main reason for the listing.
With the sound of the Shanghai stock exchange, the Chinese express industry, which has long been placed in a "small and scattered" environment, will finally enter a completely new stage.
The Limited by Share Ltd express the wish to become the first Chinese express industry to visit the capital market on this day, and a group of "express concept stocks" will follow the leap from original accumulation to capital market, and this will also become the watershed of the express industry competition.
"The reason why we want to go public is to rely on China's capital market and make it truly a" Chinese courier "that can match the industry giants of Europe and the United States, and achieve the vision of" let the world be accessible to us. "
On the day of the listing ceremony, Yu Weijiao, the founder of tanton, showed his feelings to the outside world.
From the beginning of the year, it was first disclosed that the Limited by Share Ltd of Dalian's Da Yang creation (600233) will be renamed to 20. It will be listed in 9 months when the tact is used. It will become a reality from the idea. According to the stock price and the shareholding ratio listed on the first day of listing, the figure has already exceeded 60 billion yuan.
The "four links and one access", including the tact, are all rising due to the rapid development of China's e-commerce. However, in the competition of horse race, several private couriers have gradually fallen into the original competition of price fixing, scale up and even volume of goods, ignoring the control of product quality. Therefore, the gap between brand image and profit margins has gradually been widen in the face of another private express company's "heterogeneous SF EXPRESS". Especially after SF EXPRESS's dormant years of establishing a fleet based air express system, the gap is becoming more and more obvious.
Yu Weijiao revealed on 20 th that after the listing, Tantong will make full use of capital market financing and M & A tools, enrich product mix, enhance comprehensive strength, improve industrial layout, enhance the company's sustainable development ability and profitability, create more value, so that users of Tantong can share the benefits from the rapid growth of the company all over the country and even the world, and strive to become the leading and internationally known integrated logistics supplier and supply chain integrator.
Enough is enough.
capital
After the bottoming, various ideas began to be introduced into the implementation process one by one, and for the service industry that played a decisive role in brand and service quality, tanton began to prepare for its own "breakup" with the past.
Tanton said that in the future, the industry will be pformed from the price competition in the past to the competition based on time and service, and from single product competition to diversification and comprehensive service capability competition. From extensive homogenization competition to fine differentiation competition, the single drive driven by over reliance on market growth will be pformed into a two wheel drive based on the combination of capital and market integration.
If there is no accident, the next batch of express companies including SF EXPRESS, Zhong Tong, Shen Tong and rhyme will step on the capital market ladder. Since then, the Chinese express industry has maintained EMS for many years.
SF EXPRESS
As well as the Tongda system, the industrial structure of other small regional express companies will gradually change.
"Capital accumulation will speed up the concentration of this industry, which is a good thing for the industry. Only scale can support the establishment of a modern logistics system, and the low level competition in the past is a great obstacle to the upgrading of the industry, and it is also not conducive to the improvement of the total logistics efficiency of the society."
A senior logistics practitioner told reporters in an interview on 20 th, frankly.
According to the public information issued by Yutong, it was shown that in 2014, it completed 1 billion 857 million pieces of express delivery, up 44.63% from the same period, and reached 3 billion 32 million in 2015, up 63.27% from the same period, and the market share was as high as 14.67%, and jumped to the first in the industry.
In 2015, Yuantong Express achieved a revenue of 12 billion 90 million yuan and a net profit of 717 million yuan.
After successful listing,
Tact
The net profit of 2016, 2017 and 2018 is no less than 1 billion 100 million yuan, 1 billion 330 million yuan and 1 billion 550 million respectively.
In the short run of competition pattern, it is difficult to change the situation. If we want to increase profits in the short term, we must start with product approach.
Yu Weijiao revealed in a press conference held on 20, that the company has upgraded the product as a major step in the next step, including new products such as "promise" and so on, which are significantly higher than the new products of ordinary products. This also helps to enhance the contribution to profit margins.
Behind the upgrading of the product is the upgrading of the overall operation system of the company. After the establishment of its own freighter airlines, the construction of the regional aviation hub is also on the agenda, which will also help improve the efficiency of cargo pshipment, just as SF EXPRESS has established in the past years.
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