I-Wanye Logistics iyaqhubeka nokwandisa: Ngaba iya kuba yi-IPO yokuQala ye-Cold Chain Logistics?

Kule veki iphelileyo, i-Wanye Logistics ibisebenza kakhulu, ingena kwintsebenziswano nomnikezeli weenkonzo zobonelelo "Yuncangpei" kunye neqonga lemveliso yasemanzini eninzi kwi-intanethi "i-Huacai Technology."Ezi ntsebenziswano zijolise ekomelezeni ngakumbi uWanye kwiinkonzo zolungiselelo lwamakhonkco abandayo ngokusebenzisa intsebenziswano eyomeleleyo kunye nokuxhotyiswa kobuchwepheshe.

Njengophawu lolungiselelo oluzimeleyo phantsi kweQela leVanke, iWanye Logistics ngoku igubungela izixeko ezikhulu ezingama-47 kuzwelonke, ezineepaki zolungiselelo ezingaphezu kwe-160 kunye nesikali sogcino esingaphezulu kwe-12 lezigidi zeemitha.Isebenza kwiipaki ezingama-49 ezikhethekileyo zothungelwano, nto leyo eyenza ukuba ibe yeyona inkulu ngokwesikali sogcino lwetsheyini ebandayo eTshayina.

Iindawo zokugcina iimpahla ezibanzi nezisasazwe ngokubanzi zingundoqo wokhuphiswano lweWanye Logistics, ngelixa ukongezwa kwesakhono sokusebenza kwenkonzo kuya kuba kujoliso lwayo kwixesha elizayo.

Ukukhula okunamandla kwiCold Chain Logistics

Yasekwa ngo-2015, iWanye Logistics igcine ukukhula okukhawulezayo kwiminyaka yakutshanje.Iinkcukacha zibonisa ukuba kule minyaka mine idlulileyo, ingeniso yokusebenza ye-Wanye Logistics ifikelele kwiqondo lokukhula elihlanganisiweyo lonyaka (CAGR) lama-23.8%.Ngokukodwa, ingeniso yeshishini elibandayo likhule kwi-CAGR ephezulu ye-32.9%, kwaye isikali sengeniso siphantse saphinda kathathu.

Ngokwedatha evela kwiKomishoni yoPhuhliso noHlengahlengiso lweSizwe, ingeniso yesizwe yezothutho iphumelele ukukhula konyaka nonyaka nge-2.2% ngo-2020, i-15.1% ngo-2021, kunye ne-4.7% ngo-2022. Izinga lokukhula kwengeniso ye-Wanye Logistics kule minyaka mithathu idlulileyo. ligqithise kakhulu kumndilili woshishino, olunokuthi ngokuyinxenye lubalulwe kwisiseko salo esincinci, kodwa amandla alo ophuhliso akanakujongelwa phantsi.

Kwisiqingatha sokuqala salo nyaka, i-Wanye Logistics iphumelele ingeniso ye-1.95 yezigidigidi ze-RMB, ukunyuka konyaka-ngonyaka kwe-17%.Nangona izinga lokukhula liye lacotha, lisephezulu kakhulu kunomndilili wesizwe wokukhula omalunga ne-12%.Iinkonzo zothungelwano ezibandayo zeWanye Logistics, ngokukodwa, zibone ukunyuka kwe-30.3% unyaka nonyaka kwingeniso.

Njengoko bekutshiwo ngaphambili, iWanye Logistics inesona sikali sikhulu sogcino lwendawo ebandayo eTshayina.Kubandakanya iipaki ezine ezintsha ezibandayo ezivulwe kwisiqingatha sokuqala sonyaka, indawo yolwakhiwo olunendawo ebandayo yaseWanye eqeshwayo iphelele kwi-1.415 yezigidi zeemitha ezizikwemitha.

Ukuxhomekeka kwezi nkonzo zothutho lwekhonkco elibandayo ngokwemvelo kuyinzuzo kuWanye, kunye nesiqingatha sonyaka wengeniso ye-810 yezigidi ze-RMB ezibalelwa kwi-42% yengeniso epheleleyo yenkampani, nangona indawo eqeshwayo isinye kwisithandathu kuphela sommandla oqeshiswayo weendawo zokugcina iimpahla eziqhelekileyo. .

Ipaki yekhonkco elibandayo leWanye Logistics yiShenzhen Yantian Cold Chain Park, indawo yokugcina impahla ebandayo yokuqala.Le projekthi igubungela ummandla omalunga ne-100,000 yeemitha ezizikweri kwaye igcine umthamo ophakathi wemihla ngemihla webhokisi ezingama-5,200 kunye nomthamo ophumayo weebhokisi ezingama-4,250 ukusukela oko yaqala ukusebenza ngo-Epreli, iyenza ibe sisixhobo esinamandla semveliso yezolimo kwiNdawo yeGreater Bay. .

Ngaba Iza Kupapashwa?

Ngenxa yobungakanani bayo, imodeli yeshishini, kunye nezinto eziluncedo, iWanye Logistics ibonakala ikulungele ukungena kwimarike eyinkunzi.Amahemuhemu entengiso akutsha nje acebisa ukuba i-Wanye Logistics inokuhamba esidlangalaleni kwaye ibe "yeyona mpahla ikhoyo ibandayo yokuqala" eTshayina.

Uqikelelo luphenjelelwa kukwandiswa okukhawulezileyo kukaWanye, ebonisa amandla angaphambili e-IPO.Ukongeza, ukwaziswa kotyalo-mali olujikelezayo lwe-A oluvela kwi-GIC yase-Singapore, iTemasek, kunye nabanye phantse kwiminyaka emithathu eyadlulayo icebisa umjikelo wokuphuma onokubakho.

Ngaphezu koko, uVanke utyale imali ngaphezulu kwe-27.02 yezigidigidi ze-RMB ngokuthe ngqo kwishishini lakhe lolungiselelo, okwenza kube lolona tyalo-mali lukhulu phakathi kwee-subsidiaries zayo, kodwa ngezinga lokubuya lonyaka elingaphantsi kwe-10%.Inxalenye yesizathu lixabiso eliphezulu leeprojekthi zokugcina izinto ezibandayo ezisakhiwayo, ezifuna inkunzi enkulu.

Umongameli weVanke uZhu Jiusheng uvumile kwintlanganiso yokusebenza ka-Agasti ukuba "nokuba ishishini lenguqu lenza kakuhle, igalelo lalo kwisikali sengeniso kunye nengeniso kusenokwenzeka ukuba lilinganiselwe."I-capital market ingacutha umjikelo wembuyekezo kumashishini amatsha.

Ngaphaya koko, iWanye Logistics imisele “i-100 leepaki ezibandayo” ngo-2021, ingakumbi inyusa utyalo-mali kwizixeko eziphambili.Okwangoku, iipaki ezibandayo zeWanye Logistics zingaphantsi kwesiqingatha sale thagethi.Ukuphumeza ngokukhawuleza esi sicwangciso sokwandisa kuya kufuna inkxaso yemalike eyinkunzi.

Ngokwenyani, iWanye Logistics ivavanye imarike yemali ngoJuni ka-2020, ikhupha ii-quasi-REIT zayo zokuqala kwimakethi yeShenzhen Stock Exchange, enomlinganiselo othobekileyo we-RMB yezigidi ezingama-573.2 kodwa iziphumo zobhaliso ezilungileyo, zitsala utyalo-mali oluvela kumaziko afana neChina Minsheng Bank, i-Industrial Bank. IBhanki, iBhanki yePosi yaseChina, kunye neBhanki yabarhwebi baseTshayina.Oku kubonisa ukuqatshelwa kwemarike yemisebenzi yayo ye-asethi yepaki.

Ngokunyuka kwenkxaso yesizwe kwii-REIT zeziseko zophuhliso kwiminyaka yakutshanje, uluhlu lweeREIT zoluntu kwiipaki zoshishino kunye nolungiselelo lokugcinwa kwempahla lunokuba yindlela esebenzayo.Kwinkcazo yokusebenza ngoMatshi kulo nyaka, abaphathi beVanke babonise ukuba i-Wanye Logistics ikhethe iiprojekthi ezininzi ze-asethi e-Zhejiang nase-Guangdong, ezigubungela malunga ne-250,000 square metres, eziye zangeniswa kwiiKomishoni zoPhuhliso kunye noHlaziyo lwengingqi, kunye nokukhutshwa kwe-REITs kulindeleke kunyaka.

Nangona kunjalo, abanye abahlalutyi bachaza ukuba amalungiselelo e-Wanye Logistics okufakwa kuluhlu akakwanelanga, kunye nemivuzo yokudweliswa kwangaphambili kunye nesikali sisasemva kumanqanaba ahambele phambili kumazwe ngamazwe.Ukugcina ukukhula kuya kuba ngumsebenzi obalulekileyo kuWanye kwixesha elizayo elibonakalayo.

Oku kuhambelana nesikhokelo esicacileyo sophuhliso lweWanye Logistics.I-Wanye Logistics ichaze indlela yobuchule: Wanye = isiseko × inkonzo^iteknoloji.Ngelixa iintsingiselo zeesimboli zingacacanga, amagama angundoqo aqaqambisa inethiwekhi yogcino lwemali eyinkunzi kunye nezakhono zokusebenza ezixhaswa bubuchwepheshe.

Ngokuqhubeka isomeleza isiseko sayo kunye nokwandisa amandla eenkonzo, iWanye Logistics ikwithuba elingcono lokujonga umjikelo wangoku woshishino wokwehla kweengeniso kunye nokubalisa ibali elinyanzelisayo kwimarike yemali.


Ixesha lokuposa: Jul-04-2024