Source Gangtise Investment Research

analysts saidstartrekpinball, the growth rate of express delivery performance in 2023 and 2024Q1 is better than that of cross-border logistics and bulk commodity supply chains. In 2023, the express delivery industry will grow steadily, with active competitive strategies, falling prices, and fluctuating profits. It is committed to reducing costs and increasing efficiency. In 2024Q1, the growth rate of the express delivery industry will exceed 20%, and prices will have a second-order inflection point. It is expected that no fierce price war will occur throughout the year. After the volume and price of cross-border logistics have fallen, it is expected that the volume and price increase will increase in 2024, and replenishment of stocks in the European and American markets will stimulate demand.