YTCO(SH:600066) Xin Hua Wang·2025-10-13 23:57Core Insights - The cold chain logistics market is experiencing significant growth, driven by increasing consumer demand for fresh products and the expansion of cold storage and refrigerated transport capabilities [1][5][6]. Market Demand and Growth - The total demand for food cold chain logistics reached 192 million tons in the first half of the year, representing a year-on-year increase of 4.35% [5]. - The total revenue of food cold chain logistics service companies was 279.94 billion yuan, up 3.84% year-on-year [5]. - The investment in cold storage projects amounted to 22.306 billion yuan in the first half of the year, reflecting a year-on-year growth of 7.67% [6][8]. Cold Storage and Infrastructure - The total capacity of cold storage facilities reached 26 million cubic meters by the end of June, equivalent to approximately 10.4 million tons, marking a 6.12% increase year-on-year [7]. - A new "super cold storage" facility with an investment of 920 million yuan and a capacity of over 150,000 tons was launched in Guangdong, enhancing the cold chain logistics infrastructure in the region [6][7]. Refrigerated Transport - The sales of refrigerated vehicles reached 29,474 units in the first half of the year, showing an 18.19% increase year-on-year, with new energy refrigerated vehicle sales soaring by 119.61% to 10,548 units [8][9]. - The penetration rate of new energy refrigerated vehicles reached 35.8%, an increase of 16.5 percentage points compared to the previous year [8]. Technological Advancements - Cold storage facilities are increasingly utilizing IoT technology for real-time monitoring and dynamic control of temperature and humidity, ensuring optimal conditions for perishable goods [7]. - The introduction of automation in operations has led to faster processing times for incoming and outgoing goods, enhancing overall efficiency in cold chain logistics [7].