Guohai Securities: Express delivery industry shows significant resilience, structural opportunities in the sector deserve attention.

Guohai Securities released a research report stating that in the current macroeconomic background of weak overall consumption recovery and differentiated structure, the express delivery industry has shown significant resilience beyond the consumption market. The firm believes that this is due to the structural growth driven by multiple engines within the industry. With the continuous expansion of instant retail scenarios and changes in consumer habits, the structural opportunities of this sector are worth paying attention to. The express delivery business volume is expected to steadily increase, maintaining a "recommended" rating for the express logistics sector.