厦门象屿:XiamenXiangyu2024AnnualReport(Summary)

Stock Code: 600057 StockAbbreviation: Xiamen Xiangyu
Xiamen Xiangyu Co., Ltd.
2024Annual Report (Summary)
This report is prepared in both Chinese and English. The Chinese version shall prevail in case of any
discrepancy between the Chinese and English texts.

To Shareholders
In 2024, as the global economy and trade order underwent accelerated restructuring,
international industrial cooperation and competition entered a new stage. Throughout the
year, we remained confident in our development path, seized emerging opportunities amid
challenges, achieved steady progress in our core operations. Our key businesses not only
advanced in scale but also improved in quality, driving the Company’s overall recovery and
growth momentum.
Amidst market headwinds, we pressed ahead with greater resilience and reinforced our
resolve to navigate through economic cycles. First, we continued to solidify our
development foundation. We advanced business model upgrades, strengthened our risk
management framework, optimized our customer portfolio, enhanced organizational
capabilities, and accelerated digital and intelligent transformation, all contributing to
quality and efficiency enhancements that fuel our high-quality development. Second, we
made significant strides in our competitive edge. The successful completion of our
refinancing project significantly strengthened our capital structure and opened new chapters
in resource sharing, technological collaboration, and market expansion. Third, we ensured
continuity through smooth management team transition. With seamless management
succession, the Xiangyu spirit has been carried forward. Our journey from strength to
excellence continues with unwavering momentum.
Looking back, as the international economic order continued to shift, China’s economy has
shifted from rapid growth to high-quality development. In this evolution, Xiamen
Xiangyu’s core competitiveness stems not only from a solid foundation but also from our
resilience and innovation. Our resilience is reflected in our ability to maintain stable
delivery amid global supply chain fluctuations. We have strategically positioned ourselves
across key logistics hubs both at home and abroad, integrating each segment of the
industrial chain to build a resilient, end-to-end supply chain service platform. Our
innovation comes from forward-looking investment in the digitalization and greening of the
supply chain industry. We are accelerating the application of advanced technologies such as
AI and blockchain in supply chain scenarios, fostering unique industrial synergy
advantages in strategic sectors like new energy and advanced manufacturing, and
continuously increasing our transformation toward a more digital, intelligent, and
sustainable supply chain ecosystem.
Looking ahead to 2025, as technological revolutions, industrial transformations, and global
power dynamics continue to intertwine, we will move forward with greater foresight and
resolve, continue to weave a resilient and interconnected global supply chain service
network, intensify our efforts in resource integration and strategic channel deployment,
while fostering an innovation-driven industrial ecosystem, a green and sustainable business
model, and a resilient and high-performance supply chain system that together will serve as
the engine driving the future of the industry.
As the tide of progress surges forward, we are poised to embark on a new journey with full
sails. With the strong support of our shareholders and all sectors of society, we will stand
united and move forward together, maintaining an enterprising spirit that never wavers, and
a bold, resolute drive to forge ahead. Staying proactive and committed, we will steadily
advance toward our vision of becoming a world-class supply chain service enterprise,
striving to create greater value for our customers and investors alike.
Xiamen Xiangyu Co., Ltd.
Chairman: Jie Wu
April 22, 2025
I. Key Accounting Data and Financial Indicators
Unit: RMB Million
YoY
FY2024 FY2023 Change FY2022
(%)
TotalAssets 123,872.66 129,705.19 -4.50 115,119.21
Equity Attributable
to the Shareholders 23,821.81 20,841.31 14.30 17,091.57
of the Listed
Company
Operating Revenue 366,670.61 459,035.45 -20.12 538,148.06
Net Profit
Attributable to the 1,418.82 1,573.9