Core Viewpoint - The development of the ginseng industry in Tonghua City, Jilin Province, is being enhanced through technological advancements and improved management practices, particularly in the cultivation of forest ginseng, which is gaining recognition for its quality and traceability. Group 1: Company Developments - Zhongkang Ginseng (Tonghua) Biotech Co., Ltd. has established a comprehensive visual management system for forest ginseng cultivation, integrating data from soil quality to harvesting, and employing electronic fencing for security [1][2] - The company has implemented traceability features that allow consumers to scan and view the entire growth cycle of ginseng, including soil pH and heavy metal content, effectively providing a "health report" for the product [2][3] Group 2: Industry Growth - The ginseng industry in Tonghua has expanded significantly, with over 6,000 acres of ginseng cultivation, including 5,461 acres of forest ginseng, generating a total output value of 53 million yuan in the first half of the year [2] - Jilin Province is promoting high-quality development in the ginseng industry by transitioning to intelligent planting methods, standardizing market transactions, and enhancing deep processing capabilities [3] - The province currently boasts over 3,000 products across five major categories: food, medicine, health products, cosmetics, and biological products, indicating a robust market potential for ginseng [3]

Core Viewpoint - The Jilin Province's ginseng industry is set to achieve significant growth, with plans to reach a total industry chain output value of 1.5 trillion yuan by 2027 and over 2 trillion yuan by 2030, focusing on high-quality development and technological innovation [1][11]. Industry Overview - Jilin Province, particularly Jilin City's Ji'an, is a major production area for ginseng, with over 5,000 tons sold annually to more than 30 regions domestically and internationally [1]. - The "China·Qinghe Aoyang Wild Ginseng International Trading Market" in Ji'an is the largest wild ginseng trading center in the country, attracting numerous merchants and customers [2][3]. Market Dynamics - The Qinghe market hosts around 350 permanent shops and sees over 1,600 merchants during trading days, with a sales composition of 60% wild ginseng, 25% mountain ginseng, 10% garden ginseng, and 5% other products [3]. - The market's transaction volume is projected to reach 6 billion yuan in 2024, reflecting a 20% year-on-year increase [3]. Development Initiatives - Ji'an is promoting deep processing of ginseng and technological innovation, aiming to enhance the value chain and develop high-value-added products [7][8]. - The city has established a ginseng traceability detection center to ensure quality and safety, addressing issues like inconsistent standards and safety concerns [5][6]. Product Innovation - Ji'an has developed over 600 varieties of ginseng products across four main categories: food, medicine, health products, and cosmetics [9]. - The city is home to several high-tech enterprises focused on ginseng processing, with a total processing capacity of 9,000 tons [8]. Challenges and Solutions - The ginseng industry faces challenges such as resource scarcity, lack of high-end applications, and insufficient brand development [11][12]. - To address these issues, Ji'an aims to enhance collaboration between primary, secondary, and tertiary industries, promoting sustainable and high-quality development [12][13].