On May 17, Fuyou Truck, a digital freight platform, released an ESG report, in the "2023 Environmental, Social and Governance Report" (hereinafter referred to as the "Report"), which elaborated on the company's positive actions in key ESG areas such as technological innovation, social responsibility, green and low-carbon, and corporate governance in the past year. The report mentions that Fuyou Truck is committed to building a low-carbon transportation system led by scientific and technological innovation, and creating a new paradigm for the sustainable development of the current road freight industry.
Shan Dandan, chairman and CEO of Fuyou Trucks, said that it is not only the responsibility of Fuyou Trucks but also the long-term strategy of the company to innovate productivity with science and technology, gather centripetal force with responsibility, and embark on a high-quality development path with green extension and value spread. In the future, Fuyou Truck will continue to tap the endogenous power of ESG, let practitioners gain value and dignity with the goodness of science and technology, build an intelligent, efficient and green road transportation system with the power of science and technology, and do a good job as a "conveyor belt" for the national economy and people's livelihood, so as to become an enterprise that has the courage to take responsibility and is good at undertaking, and has both commercial value and social value.
The "AI content" has been improved, and the highlights of new technologies and new applications have been performed
Scientific and technological innovation is a key force for sustainable development. In the face of the trend of digitalization and intelligence in the industry, Fuyou Truck adheres to the concept of technology and accelerates the application of cutting-edge technology in the field of road freight. In 2023, the company will optimize and upgrade the three major systems of intelligent pricing, intelligent order distribution and intelligent service, and the efficiency and service quality will be greatly improved, with the annual freight on-time rate of the platform reaching 95.7%, and the empty driving rate of vehicles will be reduced to 6.3% compared with the industry average of 45%.
AI technology is accelerating in the field of digital freight. In October last year, Fuyou Truck and Tencent jointly created a large model in the field of digital freight transportation, and took the lead in applying it to the "Double 11" trunk transportation, under the empowerment of the large model, the fulfillment and delivery of contracts were more efficient, during which the on-time rate of freight on the platform increased to 97.9%, and the service guarantee rate reached 99.5%. On the other hand, Fuyou Trucks is also accelerating the construction of an autonomous driving freight network, and last year it has reached cooperation with a number of autonomous driving technology companies and OEMs to introduce intelligent heavy trucks to operate on Beijing-Shanghai, Beijing-Hong Kong-Macao, Zhejiang-Guangdong and other trunk lines, with an annual autonomous driving operation mileage of 1,148,670 kilometers.
Pursuing green to new, the annual greenhouse gas emission reduction was 1.179 million tons
At the same time of technological innovation, Fuyou Truck focuses on building a low-carbon transportation system and exploring the green transformation of road freight. On the one hand, the company optimizes transportation routes through technology empowerment and reduces the empty driving rate of vehicles, thereby reducing the idle waste of transportation capacity resources; On the other hand, we will increase the utilization rate and penetration rate of new energy transportation capacity represented by oil-electric hybrids, and replace high-emission trucks with low-carbon and energy-saving trucks to achieve carbon reduction at the source. According to the report, in 2023, the Fuyou truck platform will achieve a total of 1.179 million tons of greenhouse gas emission reduction, a year-on-year increase of 16.7%.
It is worth mentioning that while building a low-carbon transportation system, Fuyou Truck will also penetrate the green logistics value chain into the new energy industry. According to the report, in 2023, Fuyou Truck's new energy industry layout has achieved remarkable results, and it has built a supply chain integration solution for domestic photovoltaic enterprises with a national digital freight network, standardized transportation capacity guarantee and full-link fulfillment service system. According to the service survey, the average logistics cost of photovoltaic enterprises decreased by 9.8%, and the supply chain efficiency increased by about 15.2%.
Driven by responsibility, the caring campaign has benefited more than 350,000 truck drivers
Fuyou Truck deeply integrates responsibility into the company's development strategy and daily operation, and continues to explore the connotation, goals and realization methods of responsibility with platform characteristics. Last year, Fuyou Truck further improved the performance responsibility system to provide intelligent, efficient, high-quality and stable services for the majority of cargo owners and drivers. In CIC CIC's 2023 China Road Freight Market Survey, Fuyou Truck's NPS (Net Promoter Score) ranked first in the industry.
The working environment and protection of rights and interests of truck drivers have been highly concerned by Fuyou Truck. In 2023, the company held 21 driver welfare and care activities, benefiting more than 350,000 drivers. Among them, the "Three Meals Plan" in-transit food care project distributed free nutrition boxes to truck drivers in 24 provinces and 131 places, and was selected as the annual signing project of "Warm Road Truck Driver Career Development and Security Action".
As a leading full-link digital freight fulfillment platform in China, Fuyou Truck has industry-leading freight fulfillment and operation service advantages. There are more than 1.51 million registered drivers on the platform, and the freight network covers 368 major cities and 56,985 key routes across the country. In addition to the express delivery field, the company also provides trunk transportation services for new energy companies such as JinkoSolar and Baofeng Energy, fast-moving consumer goods brands such as Yuanqi Forest and Snow Beer, as well as Walmart and PepsiCo.