In August of 2021, Capvision’s Research Team will publish the “Non-Customized Research Report on Cross-border Logistics Industry”.

随着移动互联网和全球化的加速，数字经济蓬勃发展，作为外贸新业态的跨境电商产业近些年发展迅猛，年复合增长率高达约30%。跨境电商物流作为服务于跨境电商产业链条的关键环节，占据跨境电商交易规模的比例高达20%-30%左右。以2020年跨境电商1.69万亿（2020年中国跨境电商进出口总额）的市场规模测算，跨境电商物流在中国当下的行业市场体量规模约为5,000亿元左右，市场发展空间巨大，属于“半S”级赛道。在市场参与者方面，目前各家市场份额较为分散，处于龙头地位的纵腾集团2020年营收约为100亿元，仅占市场份额的2%。由此来看，该行业目前处于发展早期，各家仍有较大的市场发展与竞争空间，出现新龙头企业的潜力较大。

With the acceleration of mobile Internet and globalization, the digital economy is booming. As a new form of foreign trade, cross-border e-commerce industry has developed rapidly in recent years, with a compound annual growth rate of approximately 30%. Cross border e-commerce logistics, as a key link serving the cross-border e-commerce industry chain, occupies as high as 20%-30% of the scale of cross-border e-commerce transactions. Based on the market size of 1.69 trillion yuan of cross-border e-commerce in 2020 (the total import and export volume of China's cross-border e-commerce in 2020), the current industry market size of cross-border e-commerce logistics in China reaches about 500 billion yuan, and the market development space huge. In terms of market players, the market share of each company is relatively scattered. Zongteng group, which is in the leading position, generated a revenue of approximately 10 billion yuan in 2020, accounting for only 2% of the market share. From this point of view, the industry is in the initial stage of development, each player has a large market development and competition space, and there is great potential for new enterprises to stand out.

随着跨境电商行业规模的扩大，跨境物流行业竞争逐步加剧、各市场参与者都在努力寻求业务转型。经过对跨境物流行业竞争格局的分析，我们选取了供应链解决方案龙头企业行云集团、物流仓储服务佼佼者纵腾集团、刚刚获得A轮融资的行业“新秀”泛鼎国际三家企业作为标的进行分析。那么，各家的海外仓建设进程如何？运营模式是怎样的？国际快递各环节的运作情况？物流仓储企业开展分销业务的核心优势在何？面临的问题是什么？供应链金融服务在跨境物流行业中的发展现状怎样？在本报告中，凯盛研究院金融组依托案头研究和行业专家资源对行业整体以及重点可关注企业进行了全面的分析和调研，并在此报告中为您逐一解答。

With the expansion of the cross-border e-commerce industry, competition in the cross-border logistics industry has gradually intensified, and market players are striving to seek business transformation. After analyzing the competitive landscape of the cross-border logistics industry, we have selected three companies as the analysis targets: Xingyun Group, a leader in supply chain solutions, Zongteng Group, a leader in logistics and warehousing services, and Panex WD, an emerging enterprise which has just concluded Series A financing. What is the process of overseas warehouse construction of the above-mentioned three companies? What are their operating models? How is each link of international express delivery operating? What are the core advantages of logistics and warehousing enterprises in developing distribution business? What are the problems? What is the current development status of supply chain financial services in the cross-border logistics industry? In view of the above questions, Capvision’s Finance Research Team will individually analyze each of these topics based on desk-top research, a comprehensive collection of public information, analysis of data and in-depth industry expert interviews.

凯盛研究院金融组将于2021年8月出版《跨境物流行业研究》。本报告共分为两大板块，第一大板块对跨境物流行业的市场竞争格局、发展现状及未来趋势等进行总结；第二大板块选取三家标的公司—行云集团、纵腾集团和泛鼎集团，对三家公司各大主营业务的经营现状、商业模式、获客渠道及未来发展规划等进行深入分析，并总结投资机会和风险点。本报告从公司分析及专家访谈入手，结合大量数据及历次项目研究的经验撰写而成。除目录外，报告正文内容约46页，适合需要系统了解跨境物流行业整体布局、代表性企业发展现状及未来发展规划的客户参考。

In August of 2021, Capvision’s Finance Research Team will publish the?“Non-Customized Research Report on Cross-border Logistics Industry”. The report is comprised of two sections, beginning with a summary of the market competitive landscape, development status, and future trends of cross-border logistics industry. In the second section of the report, three target companies, Xingyun Group, Zongteng Group, and Panex WD, are selected, and in-depth analysis are conducted on their operation status, business model, customer acquisition channels and future development planning of each major business. Thereafter, the investment opportunities and risks are summarized. All information has been sourced from first-hand interviews with senior experts, secondary research conducted by Capvision’s Research Team, and previous research project experience. The report totals 46 pages (excluding the contents section), and will be most beneficial to clients interested in understanding the overall layout of the cross-border logistics industry, the development status of representative enterprises, and future development planning.

◆??报告目录?Contents

·?????????1.?跨境物流行业分析?Cross-border Logistics Industry Analysis

???跨境物流行业发展历程及现状?Development History and Status Quo of Cross-border Logistics Industry

???跨境物流行业主要业务模式?Main Business Models of the Cross-border Logistics Industry

???跨境仓储行业主要业务模式?Main Business Models of the Cross-border Warehousing Industry

???海外仓市场分类?Overseas Warehousing Market Classification

???供应链金融在跨境物流行业的应用?Application of Supply Chain Finance in Cross-border Logistics Industry

???跨境物流行业面临的挑战?Challenges Faced by the Cross-border Logistics Industry

???跨境支付行业未来发展趋势?The Future Development Trend of Cross-border Payment Industry

???跨境物流行业投融资梳理?Investment and Financing of Cross-border Logistics Industry

·?????????2.?跨境物流行业标的企业分析Analysis of Target Companies in Cross-border Logistics Industry

??2.1?行云集团?Xingyun Group

????行云集团公司概览?Corporate Overview

????行云集团业务经营情况?Business Operations

????行云集团业务板块整体运作模式?Overall Operation Mode of Business Sector

????行云集团供应链服务板块运营模式—品牌服务?Supply Chain Service Segment Operation Model - Brand Service

????行云集团供应链服务板块运营模式—行云全球汇?Supply Chain Service Segment Operation Model?–?www.xyb2b.com

????行云集团供应链服务板块运营模式—好店连连联盟&Linkiebuy Supply Chain Service Segment Operation Model?–?Linkiestock & Linkiebuy

????行云集团供应链金融服务板块运营模式?Operation Model of Supply Chain Financial Services Sector

????行云集团物流仓储服务板块运营模式?Operation Model of Logistics Warehousing Services Sector

????行云集团未来发展战略?Future Development Strategy

??2.2?纵腾集团?Zongteng Group

????纵腾集团简介?Corporate Overview

????纵腾集团经营情况及获客渠道?Operating Status and Customer Acquisition Channels

????纵腾集团各业务板块经营情况—谷仓?Operation Status of Each Business Segment - Goodcang

????纵腾集团各业务板块经营情况—云途物流&沃德太客?Operation Status of Each Business Segment?–?YunExpress & Worldtech

????纵腾集团各业务板块经营情况—冠通分销?Operation Status of Each Business Segment - Goten

????纵腾集团各业务板块经营情况—跨呗?Operation Status of Each Business Segment?–?kuabei.net

????纵腾集团未来发展规划?Future Development Planning

??2.3?泛鼎国际Panex WD

????泛鼎国际公司概况?Corporate Overview

????泛鼎国际公司经营情况及获客渠道?Operating Status and Customer Acquisition Channels

????泛鼎国际公司各业务板块经营情况—文鼎海外仓?Operation Status of Each Business Segment?–World Depot Inc.

????泛鼎国际公司各业务板块经营情况—国际速递?Operation Status of Each Business Segment?–International express

????泛鼎国际公司各业务板块经营情况—亿可富电商云平台?Operation Status of Each Business Segment?–?ECOVS

????泛鼎国际公司各业务板块经营情况—Wecase信息技术?Operation Status of Each Business Segment?–Wecase Information Technology

????泛鼎国际公司未来发展战略?Future Development Strategy

·?????????3.?投资机会与风险总结Summary of Investment Opportunities and Risks