1、Company Profile2Corporate Information3Financial Highlights5Chairman Statement6Management Discussion and Analysis10Corporate Governance Report28Directors,Supervisors and Senior Management49Report of Directors56Report of Supervisors81Independent Auditors Report83Consolidated Statement of Comprehensive
2、 Income87Consolidated Statement of Financial Position89Consolidated Statement of Changes in Equity91Consolidated Statement of Cash Flows93Notes to the Consolidated Financial Statements94Financial Summary167Definitions168ContentsCompany Profile2024 ANNUAL REPORT2We started as a business unit of SF Ho
3、lding Group,focusing on the emerging opportunities of intra-city on-demand delivery services.On June 21,2019,our Company was incorporated in the PRC as a joint stock company with limited liability,to operate as an independent legal entity to capture the growth opportunities brought about by the new
4、consumption trends.On December 14,2021,our Company was listed on the Main Board of Hong Kong Stock Exchange.We provide both(i)intra-city delivery for merchants and consumers and(ii)last-mile delivery mainly for logistics companies.We have rapidly grown into the largest third-party on-demand delivery
5、 service platform in China1.We have adopted a multi-scenario business model featuring full coverage of delivery scenarios for all types of products and services.Our extensive service coverage,ranging from mature scenarios such as food delivery to growth scenarios such as local retail,local e-commerc
6、e and local services,has enabled us to respond to the evolving customer needs brought about by the development and upgrade of the local consumer market,thereby constructing an infrastructure for the new consumption ecosystem,and striving to become the No.1 brand amongst new consumption delivery.Toda