According to the financial report, in the first three quarters of this year, Yuantong Express achieved operating revenue of 23.42 billion yuan, up 8.34% from 21.616 billion yuan in the same period of last year; the net profit attributable to shareholders of listed companies was 1.386 billion yuan, up 0.69% year on year; net profit after deducting non-profit was 1.211 billion yuan, which was 1.341 billion yuan in the same period of last year, a year-on-year decrease of 9.70%; and the basic earnings per share was 0.45 yuan 22% year on year. By the end of the report period, the total assets of Yuantong Express reached 24.842 billion yuan, up 12.10% year on year; the net assets attributable to shareholders of listed companies were 16.632 billion yuan, up 29.00% year on year. < p > < p > compared with the logistics companies that have disclosed the three quarterly reports, SF holdings achieved a revenue of 109.594 billion yuan, a year-on-year increase of 39.13%; the net profit attributable to the shareholders of the listed company was RMB 5.598 billion, with a year-on-year increase of 29.84%; the net profit after non deduction was 5.105 billion yuan, with a year-on-year increase of 45.38%; the earnings per share was 1.26 yuan, with a year-on-year increase of 28.57%. In terms of assets and liabilities, as of the end of the third quarter, the short-term loans of Yuantong Express reached 2.034 billion yuan, an increase of 1.980 billion yuan compared with the end of last year. Yuantong Express said that it was mainly due to the increase in current working capital loans. < p > < p > for the detailed reasons for the substantial increase of short-term loans, Yuantong Express has mentioned in its recent reply to the feedback of the CSRC on the non-public issuance of A-shares. < p > < p > on the evening of September 1, Yuantong Express disclosed the plan for non-public issuance of a shares. This non-public offering adopts the method of non-public offering to specific objects. The issuing objects are no more than 35 specific objects. The number of non-public shares issued is not more than 631966100 shares (including), and the total amount of raised funds is not more than 4.5 billion yuan (including). < p > < p > after the close of business on October 18, Yuantong Express announced that it had received the notice of feedback on the first examination of administrative licensing projects (No. 202591) issued by the CSRC on October 12. In the sixth question, the CSRC asked Yuantong express to explain the reasons, purposes and rationality of the rapid growth of short-term loans in the latest period; at the same time, it required the sponsor to issue verification opinions and express opinions on whether the above matters have harmed the interests of small and medium shareholders of the company. In this regard, Yuantong Express said that as of June 30, 2020, the company’s short-term loans increased by 1.733 billion yuan compared with the end of the previous year, which was mainly due to the fact that the company strengthened its working capital reserves to cope with the impact of the epidemic, and financial institutions provided low interest loans for epidemic prevention and anti epidemic enterprises, so the company grasped the low-cost financing window and increased short-term loans; there was no investment Capital expenditure and other long-term capital investment. According to Yuantong express, the recent increase in short-term loans of the company has reasonable uses, which is in line with the company’s business development needs and industry development trend, and is reasonable, and there is no harm to the interests of small and medium shareholders of the company. < / P > < p > Disclaimer: the purpose of this article reprinted by china.com finance and economics is to convey more information and does not represent the views and positions of the website. The content of this paper is for reference only and does not constitute investment advice. Investors operate accordingly and bear their own risks. < p > < p > Chinanet is a national key news website under the leadership of the Information Office of the State Council and managed by China foreign language publishing and Distribution Bureau. Through 11 versions in 10 languages, the website releases information 24 hours a day, which is an important window for China to carry out international communication and information exchange.