Introduction: Following the Roundtone, Shentong, Yunda and Zhongtong, "express giant" SF also shell Dintai new material listed on the A shares. SF boss Wang Wei had in the previous two years to accept the outside world interviews swore to declare: "listed is to circle money, I do not circle money, will not be listed". Said not listed, not bad money SF, also landed in the capital market, this is why? What impact does it have on the express industry?
Shunfeng listing bell ringing
Shunfeng's listing, what are the pressures behind the scenes?
1, capital profit exit pressure to promote. 2013 August 19, CITIC Capital, China Merchants Group, Yuanhe Holdings, Guyu Capital four investment institutions, joined together to invest 8 billion in Shunfeng. Now 4 years almost past, shunfeng must give the investment institutions an account, I believe in the original financing to take the money when there is a time commitment to listing, so shunfeng is bound to face the pressure of capital withdrawal.
2, the business ecology of the hunger and thirst for funds to promote. Shunfeng 6 business division independent operation, with shunfeng express as a cash cow, with fresh food e-commerce and cross-border e-commerce for the transformation layout, with financial payments and drones for future planning. Involved in the business ecology, in addition to the monthly wages of 400,000 people, there are offline hey store operation, warehousing and transit station construction, but also in Hubei Ezhou to build their own "SF airport"...... In this case, the cash flow earned by SF has not been able to support the operation of all business groups, must increase the scale of financing, then listed as a natural option.
3, the pressure of e-commerce enterprises cut into the logistics business to promote. 2016, the national express delivery service enterprises completed a total of 31.28 billion pieces of business, an increase of 51.4% year-on-year. The rapid development of the express delivery industry in fact the east wind from the e-commerce, Ma Yun in 2013 yanked the four-way into the rookie, Jingdong, 1 store, Vancl also got the express license, self-owned logistics more and more powerful, which makes Shunfeng is very scratchy, and must accelerate the layout, run the horse.
4, the four-way and Cainiao network of direct competition pressure to promote. The four links in the e-commerce pieces of the innate advantage, and then have the capital to support, making SF in the e-commerce pieces of the share was further compressed. Moreover, after the role of integration in the rookie network, the operating costs of four through one has been greatly reduced, shunfeng with the efficiency of the profits earned and once again swallowed. To this end, through the capital market financing, expanding the main business, seize the market share is SF's top priority, once not bad money, but ultimately can not withstand the reality of the competition at the moment.
Yu polyester new fruit Rui investment chairman, former Delong Group executive president
Shunfeng A-share listing, what is the impact on the express industry?
1, industry concentration accelerated. After the listing of SF will have a strong advantage in resource allocation, will quickly integrate mergers and acquisitions, small and medium-sized courier companies increased pressure, facing the fate of forced transformation or mergers and acquisitions.
2, heavy asset investment, improve operational efficiency. Listed courier companies to take advantage of the capital equipped with aviation fleet, the construction of transit centers, expansion of network size, etc., we may send and receive express delivery more convenient and rapid, the barriers of the express delivery industry will be enhanced.
3, enhance the proportion of direct operation, improve service quality. Express profit decline, competition intensified, the franchisee's strong period is over, "four one" direct the best period has come.
4, logistics automation equipment applications. In the context of sustained rapid growth in the market, the pressure of labor costs and express processing capacity bottlenecks highlighted, express delivery enterprises will gradually introduce intelligent automation machinery, such as intelligent parcel lockers, warehousing robots, automatic sorting machines, sorting robots, drones and so on.
5, the trend of industry differentiation accelerated. Large courier companies to the integrated logistics transformation, medium-sized courier companies to the transformation of specialization, small courier companies to personalized transformation trend accelerated. Listed courier companies, will layout the whole industry chain integrated services, enhance the key industries, and the market's ability to provide professional services.
Express enterprises scrambling to go public
It goes without saying that express enterprises scrambling to go public will open a new chapter for the development of the industry. For us living in this era, the future is definitely hurtling towards more convenience and intelligence!