The main business of service empowerment increased significantly Sto Express Co.Ltd(002468) 2021 revenue increased by 17%

Sto Express Co.Ltd(002468) 4 released the annual report of 2021 on April 29, with an operating revenue of 25.254 billion yuan, a year-on-year increase of 17.10%; The business volume was 11.076 billion, a year-on-year increase of 25.62%; The net cash flow from operating activities was 1.92 billion yuan, a year-on-year increase of 124.95%.

In 2021, thanks to the improvement of operation efficiency and the reduction of express transfer cost brought by digital capacity, the utilization rate of self owned high capacity vehicles and route optimization, Sto Express Co.Ltd(002468) annual single ticket transfer cost decreased to 0.89 yuan, the single ticket transfer cost decreased for three consecutive years, and the results of refined management and digital intelligent operation were prominent.

Sto Express Co.Ltd(002468) said that in 2021, the business achieved substantial growth. On the one hand, the industry showed an obvious recovery trend under the background of strong supervision. On the other hand, the company continued to focus and adhere to the business strategy of “focusing on operation, service empowerment and creating quality single quantity”, promoted the collaborative strengthening ability of the whole network and digital intelligence operation, and helped improve the fine management ability.

During the reporting period, Sto Express Co.Ltd(002468) independent outlets numbered 4600, service outlets and stores expanded to 30000, township coverage exceeded 90%, 77 directly affiliated transfer centers, and 4000 self owned trunk transport vehicles, of which 72% were high capacity drop off vehicles, and about 3200 lines were carried by self owned vehicles. Focusing on the improvement of profitability, the company continued to strengthen infrastructure construction, implemented and completed 47 capacity improvement projects, promoted the expansion of normal production capacity to the daily average of 42 million units by the end of 2021, and planned to exceed 50 million pieces per day by the end of 2022.

While focusing on the development of the main express industry, Sto Express Co.Ltd(002468) continues to improve its service capabilities such as innovative business, digital intelligence upgrading, warehouse distribution integration and terminal construction, so as to continuously meet the diversified delivery needs of consumers. The improvement of digital intelligence capability can provide a solid foundation for intelligent operation, network operation and management and digital operation. Combined with digital station, digital network and digital transportation platform, it can maximize the network intelligent application capability and enhance Sto Express Co.Ltd(002468) its advantages in digital intelligence construction.

For the future development, Sto Express Co.Ltd(002468) said that it would continue to focus on the main business of economic express delivery and enhance the diversified business penetration; Promote the transformation strategy of digital intelligence and realize the innovation and development led by science and technology; Implement the capacity improvement strategy and build a solid and strong operation chassis; Expand the scale of network coverage and promote the healthy and stable development of the terminal; Improve the timeliness and quality of express service, create high-quality orders, and improve customer experience and satisfaction.

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