Reitar Logtech Holdings Limited(RITR)
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Reitar Logtech Allocates Up to USD 1.5 Billion in Bitcoin Reserves to Food Supply Chain and Announces Establishment of Pine Forest Holdings
Globenewswire· 2025-07-07 12:12
Core Insights - Reitar Logtech has established Pine Forest Holdings to create a vertically integrated food supply chain, enhancing its smart agriculture ecosystem [1][2][3] Group 1: Subsidiary and Supply Chain Integration - Pine Forest Holdings will integrate approximately 1,333 hectares (20,000 mu) across eight agricultural bases in mainland China, supplying a variety of products directly to Hong Kong markets [2] - The subsidiary aims to build an efficient and transparent smart agriculture ecosystem through strategic partnerships with local markets [2] Group 2: Cold Chain and Food Safety - Reitar Logtech's automated cold chain warehouse in Kwai Chung, exceeding 200,000 square feet, will centralize cold storage and distribution, ensuring food safety and freshness [3] - The company is expanding its prepared food and processing operations to diversify local food supply [3] Group 3: Technological Innovations - Reitar Logtech has launched a digital asset reserve strategy totaling up to USD 1.5 billion, introducing RBTC and RHKD as key payment tools within the supply chain [4] - The integration of blockchain technology will enhance transparency and food safety through comprehensive data recording from origin to sales [7] Group 4: Industrial Synergy and Market Position - Pine Forest Holdings will pursue industrial synergy by acquiring high-quality food sources and logistics companies, improving food circulation efficiency and market responsiveness [5] - This strategy aims to consolidate Reitar Logtech's industry-leading position in the food supply chain [5] Group 5: Future Expansion Plans - Pine Forest Holdings plans to replicate its successful model in Southeast Asia, promoting digitalization and modernization of food circulation in the Greater Bay Area [6] - The initiative aims to provide consumers with safer and more efficient food choices [6] Group 6: Overall Vision - Reitar Logtech and Pine Forest Holdings are committed to driving upgrades in smart agriculture and food supply chains through technological innovation and collaboration [8]
Reitar Logtech Holdings Signs Strategic MOU with Rich Harvest Agricultural Produce Limited
Globenewswire· 2025-06-26 12:23
Core Viewpoint - Reitar Logtech Holdings Limited and Rich Harvest Agricultural Produce Limited have signed a strategic MOU to develop a "Blockchain + Stablecoin + Smart Cold Chain" ecosystem for agricultural supply chains, aiming to enhance efficiency and traceability in cross-border agriculture [1][3]. Group 1: Collaboration Overview - The collaboration will integrate a blockchain-based traceability system with automated cold chain infrastructure, leveraging Rich Harvest's existing farming operations and Reitar's technological expertise [2][4]. - Rich Harvest operates eight farming bases across China, covering over 1,333 hectares (20,000 mu), and has established a "farm-to-table" traceability system using barcode and RFID tracking [2][5]. Group 2: Strategic Framework - The MOU outlines three key collaboration areas: blockchain traceability system development, digital payment integration, and smart cold chain integration [3][4]. - The collaboration will be executed in phases, with a focus on innovation in smart logistics and enhancing agricultural supply chain solutions for the Greater Bay Area and global markets [3][6]. Group 3: Implementation Plan - Phase 1, targeted for Q4 2025, involves launching a pilot project to export approximately 30 tons of fresh food daily from Rich Harvest's Guizhou farm to Hong Kong, utilizing IoT sensors and Reitar's cold storage facilities [4]. - Phase 2, targeted for Q1 2026, aims to onboard Hong Kong supermarkets to the digital payment system and retrofit cold chain fleets with blockchain temperature control [4]. Group 4: Company Background - Rich Harvest, founded in 2006, is a vertically integrated agriculture enterprise supplying fresh produce to Hong Kong, Macau, and mainland China, operating under a "Company + Farmers" model [5]. - Reitar Logtech, listed on NASDAQ in 2024, focuses on "Property + Logistics Technology" and aims to enhance logistics asset management and technology application for improved operational efficiency [6].
Reitar Logtech Holdings Limited Initiates Spin-Off of Logistics Automation Unit
Globenewswire· 2025-06-26 05:05
Core Viewpoint - Reitar Logtech Holdings Limited is initiating a spin-off of its logistics automation segment to enhance growth potential and shareholder value, following its acquisition of Jingxing Storage Equipment Engineering [1][2] Group 1: Spin-off Strategy - The spin-off aims to create an independent entity focused on smart warehousing and integrated logistics automation solutions, allowing for greater operational flexibility and innovation [2][3] - This strategic move is expected to attract partnerships and investments, reinforcing Reitar's leadership in the smart logistics industry [3] Group 2: MIS Strategy - Reitar is committed to its "MIS" strategy, which includes Mergers & Acquisitions, Integration, and Spin-offs, to strengthen core operations and maximize capital efficiency [4] - The company plans to continue pursuing acquisitions to integrate resources and develop comprehensive end-to-end solutions within the smart logistics ecosystem [3][4] Group 3: Company Overview - Reitar Logtech, listed on Nasdaq in 2024, specializes in integrated Property-Logistics Technology solutions, focusing on the full lifecycle management of logistics assets [5] - The company utilizes technology to enhance operational efficiency and economic returns, integrating smart warehouse systems and data analytics platforms [5]
据邮件声明,域塔物流科技正在积极研究相关监管细节,计划在香港稳定币条例生效后,申请稳定币发行牌照。
news flash· 2025-06-16 06:57
Group 1 - The company, Domain Tower Logistics Technology, is actively researching relevant regulatory details [1] - The company plans to apply for a stablecoin issuance license after the stablecoin regulations in Hong Kong come into effect [1]