October 21, “double 11” pre-sale has begun. For express enterprises, “double 11” is not only a good time to boost performance, but also a big test of the comprehensive ability of enterprises. However, in this critical period, there are many problems in the whole country, such as the closure of express enterprise outlets and the detention of express packages. The person in charge of a website of Baishi express in Shanghai told time finance and economics that after the Spring Festival, the headquarters of Baishi express reduced the delivery fees distributed to express stations and couriers, leading to the closure of many express outlets across the country. < p > < p > Guangzhou citizen Guo Xin told time finance and economics that he recently bought a product on the Internet, which was carried by Baishi express and sent to Guangzhou from Jiangsu Province. However, after waiting for 20 days, he could not receive it, so he had to refund it. It is worth noting that its express package in Guangzhou Baishi express Panyu transfer center detained for half a month. < / P > < p > Mr. Liu, who works in Guangzhou, also had such doubts. His package, which was carried by Baishi express, also had problems. After waiting for more than ten days, he could not receive it. Finally, he had to apply to the merchant for reissue. < / P > < p > on the public welfare consumer complaint platform, there were 1337 complaints about Baishi express, most of which were related to the express delivery stranded and unattended, lost items, package damage, etc. < / P > < p > in view of the above-mentioned problems such as the closure of outlets and the retention of packages, time finance has repeatedly called Baishi group for telephone interviews, but it has not been connected up to the time of publication. < p > < p > a Baishi express brother in Panyu District of Guangzhou disclosed to the times finance and economics that in the area he is currently in charge of, a large number of express packages are stranded and complaint calls continue due to the departure of the former outlet boss and the resignation of the courier. He said that at present, there are no outlets in this area, but did not disclose why the boss ran away. < p > < p > the person in charge of a website of Baishi express in Shanghai told time finance and economics that after the Spring Festival, the headquarters of Baishi express reduced the delivery fees distributed to express stations and couriers, leading to the closure of many express outlets across the country. < / P > < p > the person in charge of the Shanghai Branch of Baishi express said that if the logistics information delivery of Baishi Express has been stagnant for several days in a certain place, it is very likely that there will be a strike in the local outlets. It is better to apply for refund and return, instead of waiting for express delivery. The reason why her network can survive better is that the delivery fee in Shanghai is slightly higher, so it can barely support it. Baishi express Guangzhou South distribution center is located in Guangzhou Junjian Auto Parts Industrial Park, with three large warehouses. In addition to Baishi express, there are Jingdong, Shunfeng, Zhongtong and other express enterprises in the park, but they are still in decoration and have not yet equipped with machines. < / P > < p > it is reported that Baishi Express has been stationed in this logistics park for about a year, and it is the first express enterprise to enter the logistics park. SF, Zhongtong and Jingdong have only recently settled in. < p > < p > Baishi express sorting worker Zhang Hai told time finance that the Guangzhou South distribution center of Baishi express is Panyu transfer center, which is the largest site of Baishi express in Guangzhou. < p > < p > Zhang Hai told time finance and economics that the reason why the above-mentioned express delivery would stay in the distribution center for half a month was mainly due to the serious loss of personnel in the distribution center, which resulted in the overstocking of express packages due to the endless daily work. He has been employed for less than half a year, but only two people have come in from the same batch. In the early days of his employment, there were new people coming to report on the training every day in this distribution point. However, it did not exist in the last month. Instead, his colleagues were constantly leaving. Zhang Hai has no choice but to say that the reason why the staff turnover is so serious is because the salary is too low and the life is too heavy. “Colleagues around me, including myself, have the idea of resigning. I work for about ten hours a day, but I only get 5000. I can make a living with this money, but it’s not good to support my family. ” < p > < p > according to Zhang Hai, due to the establishment of new outlets, the responsible persons of Jingdong and Shunfeng in the park had previously hired employees of Baishi express, and their wages were much higher than that of Baishi express. If we had not seen that the warehouses of Jingdong and Shunfeng were not well decorated and the machines had not been debugged, there might have been a lot of job hopping. He believes that if we wait until Jingdong and Shunfeng are well prepared in the park, the days of Baishi express will be more and more difficult. According to the annual report of SF, the average monthly salary of employees is 8486 yuan. A Guangzhou Shunfeng express told time finance that the minimum monthly salary is more than 6000, which is higher than that of Baishi express. < p > < p > Zhang Hai told time finance and economics that the strike at Baishi express site did exist, which directly led to a certain degree of decline in daily parcels at distribution points. However, there is no strike phenomenon in the distribution center, and more is the embarrassment of staff loss and no recruitment. Baishi group is a typical asset light mode, and its express outlets mostly adopt franchisee mode, only responsible for the national hub transfer center system. For such enterprises as Baishi express, franchisees of express outlets should not run away. This shows that the company can not accurately grasp the real operation of the network and has limited control over the express network. And the problem of the transfer center in charge of the problem is more obvious. < p > < p > Wang Jing, who is familiar with the logistics industry, told Shidai finance and economics that whether it is asset light or asset heavy operation mode, their mode itself has no problem, but there will be some problems to be solved in actual operation. < / P > < p > in the process of asset light operation, improper operation decision-making may lead to franchisees’ running away and express delivery lost. This is not a dead hole, but can be prevented and avoided, such as joint operation with heavy assets, or selection of high-quality partners, etc. Wang Jing said, “personally, Baishi should choose the most appropriate comprehensive operation mode from the perspective of product positioning and market demand.” < / P > < p > according to public information, Baishi express is a large express company, which was established in 2003 and headquartered in Hangzhou. The company’s business scope includes: less than carload express, red express, special transportation and collection of payment for goods and other projects. On September 20, 2017, Baishi group was listed on the New York Stock Exchange. It is worth noting that since its listing three years ago, although its revenue can be comparable with “three links and one delivery”, its market value is only a fraction of the four express companies mentioned above. In addition, Baishi group is the only listed express company with annual performance loss, which may be the reason for its stock price downturn. Times financial inquiry showed that the closing price of Baishi group on the 21st was $2.77, down 72% from the issue price of $10. Times finance learned from the financial report of Baishi group in the second quarter of this year that the company’s revenue in the second quarter was 8.418 billion yuan, a year-on-year decrease of 4.2%; the net loss was 30.9 million yuan, with a net loss of 22.4 million yuan in the same period of the previous year; the gross profit was 570 million yuan, with a year-on-year increase of 9.6%. Caibao said that the decline in the average selling price of express delivery business was the main reason for the decrease in revenue. < p > < p > Zhang Hai said that since this year, Zhongtong, Yunda and other express companies have reduced the express fee acceptance list, and Baishi, which originally focused on low prices, had to follow suit. < p > < p > on October 19, the business volume and revenue of SF company increased by 60.35% and 36.07% respectively, but the single ticket revenue decreased by 15.16%. This means that SF, which originally focused on medium and high-end products, had to join the “price war” under the fierce competition in the express industry. According to Wang Jing, the domestic express delivery market tends to be saturated. In order to seize the market and increase business volume, express enterprises have to fight a price war. Although the price war can make enterprises quickly occupy the market in a short period of time, it is time-consuming and labor-consuming. It may even affect the customer experience due to the shortage of funds. Therefore, it is not suitable for large-scale and long-term competition. < / P > < p > “when one or three enterprises stand out in the price war, that is, when the price war is nearly over, I think that in the past two years, the price war will end in stages, and the express market will reshuffle at that time, but the new price war may come again.” Wang Jing thinks. < / P > < p > prior to this, it was reported that Baishi group was seeking a secondary listing in Hong Kong to enhance the company’s valuation. The listing plan includes its express and express business, excluding Baishi supply chain and Baishi cloud. < p > < p > industry insiders believe that under such circumstances, the listing of Baishi group in Hong Kong may have the consideration of obtaining financial support from the market. However, it seems that reducing the delivery fee, the boss of the express delivery station, the living and less money of the transfer center and the loss of personnel seem to be a dead circle. Whether Baishi group can obtain the expected valuation and support is doubtful. < p > < p > with regard to the prospect of Baishi express, which takes the low-end route under the industry price war, Wang Jing told Shidai finance and economics that it is obviously advantageous to focus on the middle and low-end markets in the price war. However, Baishi should pay attention to how to determine the development direction of the follow-up enterprises if it stands out in the price war. < / P > < p > “it can be said that in the long run, the price war can determine the life and death of an enterprise, but it is the direction of the enterprise after it survives that really determines the development prospect of the enterprise.” Wang Jing said. After 12 years, “world class Super project” Shantou Bay Tunnel ushers in a historic breakthrough today